International2 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…
International2 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,…
International2 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…
International2 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…
International2 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…
International2 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…
International2 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…
International2 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…
International2 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…
International2 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…