International7 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…
International7 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…
International7 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…
International7 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…
International7 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…
International7 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…
International7 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…
International7 months agoShell trims gas outlook in volatile marketShell has said it expects lower trading and production results for its integrated gas division as the firm battles amid…
International7 months agoGhana edges towards energy independence with new oil and gas find at Cape Three PointsThe Ministry of Energy and Green Transition has officially announced the Declaration of Commerciality (DoC) for the Eban-Akoma oil and…
International7 months agoInsurance pay out worth €31m expected by oil and gas firm over stalled Italian jobOil and gas exploration company Rockhopper today said it was confident it would receive a €31m (£26.8m) insurance payment in…
