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Oil & Gas
Exxon, Guyana’s Environmental Agency in Breach of Oil-Spill Insurance
An Exxon Mobil unit is in breach of insurance obligations for its first offshore oil project in Guyana in part due to errors by the environmental regulator, a G
Oil & Gas
Russia to Diversify China Gas Supply Routes Away From Gazprom
Russia is considering supplying natural gas to China by a pipeline from companies other than Kremlin-controlled Gazprom, which currently has the monopoly for Ru
Oil & Gas
Oil Discovery Near the Gudrun Field in the North Sea
The well was drilled about 5 km west of the Gudrun field in the North Sea, and about 230 km west of Stavanger. The objective of the well was to prove petroleum
Oil & Gas
Halliburton Nigeria Oil Production Facility Reaches 10 Mmbbl Milestone
Halliburton Testing and Subsea (TSS) Nigeria is celebrating two significant milestones: an early production facility (EPF) recently processed its 10 millionth b
Oil & Gas
UK Oil & Gas Firm Gets More Time for Acquisition of North Sea Discovery
UK-headquartered oil and gas company Quattro Energy Limited has experienced a delay in the acquisition of United Oil & Gas’ license in the Central North S
Oil & Gas
BP Cheers First Oil From Its New Deepwater Gulf of Mexico Platform
UK-headquartered energy giant BP has kicked off oil production from its fifth operated production platform in the U.S. Gulf of Mexico and the first new one sinc
Oil & Gas
Rig Spuds Fifth Well in Black Sea Drilling Campaign
Canada’s oil and gas player Trillion Energy has started drilling the fifth well in its 2022 – 2023 drilling campaign on a natural gas field in the B
Oil & Gas
Guyana Extends Deadline for First Oil Block Bids
Growing oil producer Guyana has extended the deadline for bids in its first competitive auction for offshore blocks by three months to 15 July, the natural reso
Oil & Gas
Oil Production Cuts to Tighten Market From May and Boost Prices, UBS Says
Drop in crude inventories and supply disruption from northern Iraq of almost 500,000 barrel per day also a factorAn oil field in Russia, which said the 500,000
Oil & Gas
Oil production cuts to tighten market from May and boost prices, UBS says
Drop in crude inventories and supply disruption from northern Iraq of almost 500,000 barrel per day also a factor
Oil & Gas
Hydrogen vs Oil and Gas: Comparing Energy Sources
Ever wondered about the differences between hydrogen fuel and oil and gas? Well, you’re in luck because that’s exactly what we’re going to cha
Oil & Gas
India Revises Gas Pricing Mechanism With Link to Crude
India has approved a revised natural gas pricing mechanism under which domestically produced gas will be benchmarked to 10pc of global crude prices and revised
Oil & Gas
Western Curbs on Russian Oil Products Redraw Global Shipping Map
Global fuel suppliers are turning to longer and costlier routes that produce more carbon emissions to move their diesel and other products as Western restrictio
Oil & Gas
ACCC No Longer Forecasts Gas Supply Shortfall
The east coast gas market should see sufficient gas supply for 2023, as the latest report from the Australian Competition and Consumer Commission (ACCC) indicat
Oil & Gas
OPEC+ Likely to Maintain Output Cut Amid Strong Oil Market Fundamentals
Opec+ slashed its output by 2 million barrels per day in October last year. ReutersOpec+ will most likely roll over its existing output cuts when it meets on Ap
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