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Carbon Emissions
Total Leads Europe’s Oil Majors in Clean Energy Push
Total has had the fastest start in the race between oil supermajors to achieve net-zero carbon emissions.has had the fastest start in the race between oil super…
Oil&Gas Drilling
Oil Major BP Significantly Downsizes Oil Exploration Division
As part of its ambition to reduce oil and gas production and raise investments in clean energy, BP has been cutting staffing levels at its oil and gas explorati…
Oil Field
China Locates Oil and Gas Field in South China Sea
China has located an offshore oil and gas field in the South China Sea, according to the China National Offshore Oil Corporation on Monday.
Crude Oil
U.S. Proved Oil Reserves Remain Flat, Natural Gas Reserves Decline
Lower crude oil and natural gas prices reversed in 2019 a two-year trend of record high proved reserves in the United States as operators revised down their tot…
Oil Pipeline
EU Parliament Wants Nord Stream 2 Stopped
The European Parliament has called on the EU to stop Gazprom's 55bn m³/yr Nord Stream 2 gas project.
Crude Oil
Norway: December Oil Output Rises Above Expectations
Norway ended 2020 on a high note with oil production in December 2020 above forecasts made by the Norwegian Petroleum Directorate.
Crude Oil
Iran Claims it is Ramping up Oil Production to Pre-Sanctions Levels
Iran's output fell following US sanctions in 2018 over its nuclear ambitions
Oil Field
Rystad: Oilfield Services Sector will Struggle to Repeat Former Glory Amid Energy Transition Push
the transition to cleaner energy technologies is accelerating and many suppliers will have to make existential changes to survive. Rystad Energy has evaluated w…
Oil&Gas Drilling
Egypt Awards Red Sea Oil and Gas Exploration Concession to Mubadala Petroleum
New agreement adds to Mubadala Petroleum's Egypt portfolio that includes Shorouk and Noor exploration concessions
Oil Price
Price Dispute Shrinks Russia Oil Pipeline Exports
Exports of Russian Urals oil via the Druzhba pipeline have dropped this month as sellers opt for the sea route instead, following disagreements over pricing wit…
Joe Biden
Joe Biden Administration Likely to Strengthen India-US Renewable Alliance
India’s energy ties with the United States have increased multifold in recent years, with imports of crude oil and natural gas gathering momentum under former …
Paris Climate Agreement
Biden Continues Anti-Oil Promises On Day One
President Joe Biden will issue a “temporary moratorium” on all oil and gas leasing in the Arctic National Wildlife Refuge, or ANWR area.
Video: China Completes World's Largest Semi-Submersible Oil Platform
China completes world's largest semi-submersible oil platform
LNG
Rolls-Royce Supplying Two mtu Gas Engines for First LNG-Hybrid Tugboat
Rolls-Royce is supplying two mtu 16V 4000 M55RN gas engines to Sembcorp Marine Integrated Yard for the construction of the first liquefied natural gas -hybrid p…
Oil&Gas Drilling
ExxonMobil Hits Another Dry Hole Offshore Guyana
ExxonMobil hit a dry hole for the second time in two months offshore Guyana.
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