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Oil&Gas Drilling
ExxonMobil Hits Another Dry Hole Offshore Guyana
ExxonMobil hit a dry hole for the second time in two months offshore Guyana.
OPEC
UAE Squares Opec Commitments, Capacity Growth Plans
There is no contradiction between Abu Dhabi's efforts to boosts its production capacity and the UAE's membership of Opec, minister of energy Suhail al-Mazrouei …
Natural Gas
US Gas-Fired Power Generation Set For First Drop Since 2017
Higher natural gas prices this year are expected to result in the first annual decline in U.S. gas-fired electricity generation since 2017.
Oil & Gas Trade
Uzbekistan to Open up Electric Power, LPG Markets Amid Shortages
Uzbekistan exports natural gas, mostly to China, but it has experienced shortages this winter, prompting cuts to export shipments and discontent among household…
OPEC
Video: How the Global Economy Could Look Without OPEC?
OPEC or the Organisation of the Petroleum Exporting Countries supplies over 40% of the world’s oil and possesses a staggering 80% of total reserves Headquarter…
Market Analysis
French Central Bank to Exit Coal, Cap Oil and Gas Investments
The French central bank said on Monday it would exit from coal and limit exposure to gas and oil in its investment portfolio by 2024 as part of a shift towards …
Oil Field
Apex Makes Oil Discovery in Egypt
Apex International Energy announced a new oil discovery in Southeast Meleiha Concession, located in the Western Desert of Egypt.
Oil&Gas Drilling
Halliburton Delivers First Successful Grid-Powered Fracturing Operation
Halliburton Company announced that it has successfully deployed the industry’s first electric grid-powered fracturing operation.
Carbon Emissions
Fossil Fuel Firms Need to Curb Climate Gas Leaks
The International Energy Agency says oil and gas companies aren't doing enough to reduce the release of methane, a potent source of planet-heating emissions, th…
Oil Pipeline
Biden May Cancel Keystone XL Pipeline Permit As Soon As His First Day in Office -Source
U.S. President-elect Joe Biden is planning to cancel the permit for the $9 billion Keystone XL pipeline project as one of his first acts in office, and perhaps …
Oil & Gas Trade
Algeria's Oil and Gas Exports and Output Down Around 10% in 2020
Overall energy output fell 10 per cent to 142 million tonnes of oil equivalent, hit by restrictions linked to the coronavirus pandemic, it said in a report.
France
Total Pays $2.5bn for 20% Stake in Adani Green Energy
French oil company Total has purchased a 20% minority stake in Indian renewables producer Adani Green Energy Ltd.
Crude Oil
Video: 100,000-Metric-Tonne Deep-Water Facility Delivered for Offshore Oil Production in S. China
A 100,000-metric-tonne deep-water semi-submersible oil production and storage facility has been delivered to China's largest offshore oil producer, China Nati…
Crude Oil
US Oil Industry Braces for Biden Takeover
The threat of reduced access to federal lands and new rules on infrastructure could prompt the sector to offer alternative green initiatives, writes Chris Knigh…
Oil Field
Energean Approves Israel Gas Field Development
The Karish North field, which was discovered less than two years ago, is expected to start production in the second half of 2023, the company said in a statemen…
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