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Oil & Gas
Repsol Shuts in Yme Field Only Weeks After Start-Up
Spanish oil and gas company Repsol has been forced to halt production from its Yme field off Norway, less than a month after the oil production started.
Oil & Gas
Iran, Azerbaijan Eye Joint Development of Oil and Gas Fields in Caspian Sea
Iran and Azerbaijan, members of the OPEC+ alliance, are looking at finalizing "soon" a number of energy deals, including joint development of an oil field in th
Energy Economy
Ecuador Clears Repsol to Sell Oil Blocks to New Stratus
Ecuador's government authorized Spain's Repsol to sell its 35pc operating stakes in two heavy oil blocks to Canadian independent New Stratus Energy.
Oil & Gas
Lukoil Submits Development Plan for New Iraq Oil Field
Russia's Lukoil has submitted a preliminary development proposal for a new oil field in the south of Iraq, that could eventually see output crude grow to 250,00
Oil & Gas
Vietsovpetro Puts New Generation Unmanned Mini Oil Rig Into Operation
The Vietnam-Russia oil and gas joint venture Vietsovpetro has put its new generation unmanned mini oil rig BK-18A into operation.
Energy Economy
Tullow Oil Set to Increase Stake in Oil Fields in Ghana
Company is exercising its pre-emption rights related to sale of Occidental Petroleum’s interests to Kosmos Energy
Oil & Gas
Norway’s Johan Sverdrup to Restart After Power Glitch
Norway's state-controlled Equinor is working to restart production from the giant Johan Sverdrup oil field in the North Sea after it was shut down earlier today
Oil & Gas
Senex Energy to Buy 2 Undeveloped Gas Fields From APLNG for A$80 Million
Senex Energy Ltd. said it intends to recommend an improved offer from South Korea's Posco International Corp. that values its equity at 852.1 million Australian
Oil & Gas
POSCO International to Explore Gas Field in Malaysia
POSCO International will explore natural gas mines in Malaysia.
Oil & Gas
Serica Announces Delay of Columbus Production Start-up
UK oil and gas company Serica Energy has confirmed the start-up of production at its Columbus field located in the Central North Sea will be delayed.
Oil & Gas
Shell Top Brass Remain Resolute in Support of Cambo Oilfield Development
Shell executives stressed the role of projects like Cambo in the UK energy mix, as the project partners await a decision on the controversial project.
Oil & Gas
Asian LNG Traders Snap up U.S. Shale Gas
Asian liquefied natural gas traders are rushing to secure shipments from the U.S., where the fuel is among the cheapest in the world despite what’s turning int
Energy Economy
Iran Needs $11 Billion To Develop Oil Fields Along The Iraqi Border
Iran needs some $11 billion in investments to develop oil fields along its border with Iraq, Bloomberg has reported, citing the new head of the National Iranian
Hydrogen
Saudi Arabia to Use $110 billion Natural Gas Field for Blue Hydrogen
A large portion of gas from the $110 billion Jafurah development will be used for blue hydrogen, according to Energy Minister Abdulaziz bin Salman
Energy Economy
Occidental Sells Stakes in Two Ghana fields for $750 million
Houston-based Occidental has agreed to sell its interests in two Ghana offshore fields for $750 million to Kosmos Energy and Ghana National Petroleum Corporatio
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