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Oil&Gas Drilling
Oil & Gas
World’s Largest Offshore Rig Owner Files Bankruptcy
UK-based offshore drilling contractor Valaris has filed for bankruptcy protection in the United States, offering creditors to swap some $6.5 billion of its $7.8
Oil & Gas
OPEC+ Stresses Need for All Members to Comply with Output Cuts
The outcome of the meeting of the OPEC+ Joint Ministerial Monitoring Committee (JMMC) on Wednesday was as predicted.
Oil & Gas
NPDC Planning 500,000 barrel of Crude Oil Per Day
Group Managing Director of the Nigeria National Petroleum Corporation, Mele Kyari, has assured that the Nigeria Petroleum Development Company will scale up its
Oil & Gas
Total Restarts Drilling off Angola
French oil major Total has resumed oil drilling offshore Angola with the Skyros rig while two more are expected to start operations in the week to follow.
Oil & Gas
Trump Administration Looks at Allowing Longer Extensions to Remote Offshore Wells
The U.S. government is considering changes to policies for oil companies operating in the offshore Gulf of Mexico that might allow existing platforms to lengthe
Oil & Gas
Trump to Open Alaska Arctic Refuge to Oil Drilling for First Time
The Trump Administration is set to open the Arctic National Wildlife Refuge in Alaska to oil drilling for the first time by approving a drilling program on Mond
Climate Change
Donald Trump Poised to Roll Back Methane Regulations for Oil and Gas Industry
President Trump is planning to relax regulations governing methane emissions in the oil and gas industry, according to reports, in a move that could allow milli
Oil & Gas
Turkey Resumes Energy Exploration in Eastern Mediterranean
Turkey has resumed energy exploration activities in the eastern Mediterranean Sea.
Oil & Gas
Demand For Offshore Oil Rigs To Return In 2022
Demand for offshore rigs will slump this year as a result of the pandemic and the low oil prices that are forcing offshore operators to delay drilling activitie
Oil & Gas
Neptune Energy Makes 'Significant' Oil Discovery in Norway
Britain's Neptune Energy and its partners have discovered oil at a jointly owned drilling license in the Norwegian part of the North Sea.
Oil & Gas
U.S. Offshore Rig Count at 12 for Four Weeks Straight
The U.S. offshore rig count has remained flat for another week, making this the fourth week straight with 12 active units.
Oil & Gas
Aral to Build more than 100 350kW Ultra-Fast Charging Points at Retail Sites in Germany
Following a successful 12-month pilot project at five of its retail sites, Aral, bp’s market leading fuel retail brand in Germany.
Oil & Gas
Eni Confirms Gas Potential in Discovery Offshore Vietnam
Italian oil and gas company Eni has discovered a significant hydrocarbon accumulation on the Ken Bau discovery located in Block 114, Song Hong Basin, offshore V
Oil & Gas
Russia's Gazprom Neft and Shell Launch JV for Hydrocarbon Development
Russian oil producer Gazprom Neft (SIBN.MM) on Tuesday said it had signed an agreement with Shell (RDSa.L) to establish a joint venture to develop a large-scale
Oil & Gas
Iran Expected to Produce 2.7bn More Barrels of Oil from Shared Azadegan Field
Iran is expected to produce some 2.7 billion more barrels of oil amounted to dlrs one trillion, Petroleum Minister Bijan Zangeneh said on Monday.
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