International4 months agoOPEC+ makes another large oil output hike in market share pushOPEC+ agreed on Sunday to raise oil production by 547,000 barrels per day for September, the latest in a series…
International4 months agoEnergean Makes FID for Croatian Offshore Gas Field in Adriatic SeaBritish gas producer Energean has taken the final decision to invest in the Irena gas field in the North Adriatic…
International4 months agoGlobal oil prices dropping to $40-50 to reduce Russia’s revenues significantly – expert’s opinionWith the OPEC’s new policy, decreasing oil prices to USD 40-50 per barrel of Brent crude oil will significantly limit…
International4 months agoBW Contracts Rig for the First Drilling on the Kudu Field in 18 YearsThe Norwegian oil producer BW Energy, has contracted a rig for the drilling of the Kharas appraisal well on the…
International4 months agoSaipem and Subsea 7 sign merger deal to create offshore engineering powerhouseItalian offshore engineering and construction giant Saipem and offshore engineering and services player Subsea 7 have signed a binding merger…
International4 months agoChevron Alerts State to 575 Layoffs at Hess’ Houston OfficeChevron’s reduction reported to the Texas Workforce Commission on July 21 represents more than a third of the Hess Corp.…
International4 months agoEquinor rattled by falling oil prices and $1bn US hitNorwegian energy company Equinor saw its profits slide as it unveiled a near $1bn writedown to its wind assets in…
International4 months agoWhat could biggest oil discovery in Poland’s history mean for Europe’s energy mix?Euronews asked analysts if the huge oil and gas deposits discovered under the Baltic Sea offer Europe a chance to…
International4 months agoTullow Oil Sells Its Kenyan Assets to Gulf Energy Ltd in KSh 15.5b DealTullow Oil released a statement on Tuesday, July 22, on the sale of its assets in the South Lokichar Basins…
International4 months agoBrava Energia Brings FPSO Atlanta Up to Speed with Six Connected WellsBrazilian oil and gas company Brava Energia has connected two more wells at Atlanta field to the floating, production storage,…