International4 months agoShell Is Cleared to Drill Deepwater Wells Off South African West CoastSHELL secures approval to drill up to five deepwater wells in the Orange Basin offshore South Africa. The site’s proximity…
International4 months agoEquinor Finds Gas Near Castberg in Norwegian Barents SeaEquinor ASA and its partners have made a natural gas discovery with preliminary estimates of 1.9-3.1 million barrels of oil…
International4 months agoBP-Eni Joint Venture Finds Gas Offshore AngolaAzule Energy, a joint venture firm between BP and Eni, has made a gas discovery at the Gajajeira-01 exploration well,…
International4 months agoHess Sued on $53 Billion Chevron Sale as Panel Preps Deal RulingHess Corp.’s planned $53 billion sale to Chevron Corp.—which could close imminently if an arbitration panel rejects a challenge by…
International4 months agoChevron looks to centralize operations as part of $3 billion cost-reduction strategyChevron Corp. is reducing local and regional business units in favor of a more centralized model to improve performance and…
International4 months agoBP to reopen office in Libya, Shell discusses prospects for cooperation in oil field developmentLibya’s state National Oil Corporation (NOC) reported last Monday (7 July) that BP has confirmed its intention to resume its…
International4 months agoTurkish Firms to Launch Oil and Gas Exploration Offshore PakistanTurkish energy firms will explore for oil and gas offshore Pakistan under agreements with local companies, Turkish Foreign Minister Hakan…
International4 months agoExxonMobil’s new gas discovery springs into view offshore CyprusTwo energy giants, U.S.-headquartered ExxonMobil and Qatar’s QatarEnergy, have made a new gas find off the coast of Cyprus, using…
International4 months agoOPEC’s latest announcement met with indifference; markets attentive to US tariffs – Rystad Energy’s Oil Market UpdateAfter initially trading in the $65-67 range, Brent futures have rebounded to near the $70 per barrel mark, shrugging off…
International4 months agoSupermajors to Significantly Boost Oil and Gas Output in NigeriaSupermajors Shell and TotalEnergies expect to raise oil and gas production over the next two years from projects they operate…
