Rockhopper Exploration Secures $140 Million for Sea Lion Development
Rockhopper Exploration has provided an update. Rockhopper Exploration plc announced a conditional placing to raise approximately US$140 million to fund…
International
OPEC+ makes another large oil output hike in market share push
OPEC+ agreed on Sunday to raise oil production by 547,000 barrels per day for September, the latest in a series…
International
Energean Makes FID for Croatian Offshore Gas Field in Adriatic Sea
British gas producer Energean has taken the final decision to invest in the Irena gas field in the North Adriatic…
International
Global oil prices dropping to $40-50 to reduce Russia’s revenues significantly – expert’s opinion
With the OPEC’s new policy, decreasing oil prices to USD 40-50 per barrel of Brent crude oil will significantly limit…
International
BW Contracts Rig for the First Drilling on the Kudu Field in 18 Years
The Norwegian oil producer BW Energy, has contracted a rig for the drilling of the Kharas appraisal well on the…
International
Saipem and Subsea 7 sign merger deal to create offshore engineering powerhouse
Italian offshore engineering and construction giant Saipem and offshore engineering and services player Subsea 7 have signed a binding merger…
International
Chevron Alerts State to 575 Layoffs at Hess’ Houston Office
Chevron’s reduction reported to the Texas Workforce Commission on July 21 represents more than a third of the Hess Corp.…
International
Equinor rattled by falling oil prices and $1bn US hit
Norwegian energy company Equinor saw its profits slide as it unveiled a near $1bn writedown to its wind assets in…
International
What 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…
International
Tullow Oil Sells Its Kenyan Assets to Gulf Energy Ltd in KSh 15.5b Deal
Tullow Oil released a statement on Tuesday, July 22, on the sale of its assets in the South Lokichar Basins…
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