Oil

Natural Gas
Mozambique’s First Offshore Natural Gas Extraction Project is Underway
Sarens has announced its involvement in a natural gas extraction project in Mozambique which, once inaugurated in mid-2022, will be one of the largest in the wo…
Energy Transition
Insurance Giant Allianz Sets Oil and Gas Exit Strategy
The world’s fifth-largest insurance company, Allianz, is withdrawing coverage and investment dollars from a wide swath of fossil fuel projects as of next year.…
Oil Field
Norway’s Equinor Sells Shares in Two North Sea Fields for over $1 Billion
Norwegian state-owned giant Equinor and its compatriot Sval Energi have entered into an agreement for the sale of Equinor’s non-operated share in two North Sea…
Crude Oil
Opec to Attend Iraq Energy Forum in June
Opec said it will participate in the sixth Iraq Energy Forum in Baghdad from June 18-20.
Hydrogen Production
The Hydrogen Stream: Oil Producers Showing Rising Interest in Hydrogen
CoorsTek Membrane Sciences has led a team to demonstrate a 36-cell reactor stack enabled by a new interconnect. The team claims it achieves “complete conversio…
Oil Price
Equinor Sells Stakes in 2 Norway Fields to Sval Energi
Norwegian oil major Equinor said on Tuesday it had agreed to sell its 7.6% stake in Norway's giant Ekofisk field as well as a 19% stake in the Martin Linge fiel…
Yemen
UN Spearheading Efforts to Raise $80 Million to Prevent Major Oil Spill off Yemen
The world’s universal global organization, the United Nations, is working on raising the funds required for the implementation of its plan to address a threat …
Oil&Gas Drilling
New Gas Discovery for Energean off Israel
Hydrocarbon exploration and production company Energean has made a commercial gas discovery in Block 12 offshore Israel, bolstering its beliefs in the potential…
Crude Oil
Biden Sidelined Global Energy Partners with Record Emergency Oil Release
The United States announced a record-sized release of emergency crude oil reserves in March without consulting partners in IEA, leaving them scrambling to match…
Crude Oil
CNOOC Adds Oilfields in Brazil
China National Offshore Oil Corp (CNOOC)'s ultra-deepwater pre-salt oilfield in Brazil was put into operation on Tuesday, the latest effort by the country's top…
Crude Oil
Oil Slips as Investors Eye EU Vote on Russian Oil Ban
Oil prices slipped in early Asian trade on Monday as investors eyed talks at the European Union on a Russian oil embargo that is expected to tighten global supp…
Oil Price
U.S. Shale Swings From Losses to Record Cash Flows
U.S. shale focuses on returning capital to shareholders in 2022.
Natural Gas
Russia's Gazprom Continues Gas Exports to Europe via Ukraine
Russian gas producer Gazprom said it was supplying natural gas to Europe via Ukraine on Sunday in line with requests from European consumers.
Offshore Wind Power
UK Oil and Gas Firms to Put £250Bn into Low Carbon Energy by 2030
New analysis has uncovered how spending may look for these companies in the next decade.
Rooftop PV System
New Water-Draining Device for Rooftop PV Systems
Portuguese startup Solarud has developed a way to eliminate soiling around the frames of PV panels with low inclination slopes. The device drains water that wou…

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Oil

Mozambique’s First Offshore Natural Gas Extraction Project is Underway

Insurance Giant Allianz Sets Oil and Gas Exit Strategy

Norway’s Equinor Sells Shares in Two North Sea Fields for over $1 Billion

Opec to Attend Iraq Energy Forum in June

The Hydrogen Stream: Oil Producers Showing Rising Interest in Hydrogen

Equinor Sells Stakes in 2 Norway Fields to Sval Energi

UN Spearheading Efforts to Raise $80 Million to Prevent Major Oil Spill off Yemen

New Gas Discovery for Energean off Israel

Biden Sidelined Global Energy Partners with Record Emergency Oil Release

CNOOC Adds Oilfields in Brazil

Oil Slips as Investors Eye EU Vote on Russian Oil Ban

U.S. Shale Swings From Losses to Record Cash Flows

Russia's Gazprom Continues Gas Exports to Europe via Ukraine

UK Oil and Gas Firms to Put £250Bn into Low Carbon Energy by 2030

New Water-Draining Device for Rooftop PV Systems