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Oil and gas
Oil Field
ExxonMobil in Negotiations to Acquire Stake in India’s Oil and Gas Fields
US oil major ExxonMobil is reportedly in talks to acquire a stake in India’s producing oil and gas fields.
Energy Investment
Repsol to Invest €5.5bn in Low Ccarbon Generation
Oil and gas player unveils spending as part of ‘strategic plan to accelerate energy transition’.
Hydrogen Fuel Stations
Air Products and Nogaholding to Develop Bahrain’s Hydrogen Economy
Air Products and nogaholding, an investment and business development arm of National Oil and Gas Authority, will assess the potential development of a hydrogen …
Oil & Gas Trade
Algerian Gas Exports to Drop by 4.7%, Energy Minister Says
Oil and gas revenues amounted to $33 billion in 2019 and is forecast to be $23 billion this year.
Oil and Gas Equipment
MacGregor Makes Lingshui 17-2 Deliveries
MacGregor, part of Cargotec, has delivered the riser pull-in system for the Lingshui 17-2 platform, owned and operated by CNOOC.
Oil Field
Repsol Sinopec Preparing for Decommissioning of UK North Sea Field
Oil and gas company Repsol Sinopec has received approval from the UK authorities for preparation work scopes plan relating to the decommissioning of the Fulmar …
Wave Energy
Mocean Energy Raises £850k to Bring Green Power to Subsea Oil and Gas
Mocean Energy has secured major new investment to accelerate the commercialisation of its wave energy technology.
Blockchain
‘Blockchain for Energy’ Consortium (Re)Launched
The oil and gas operators blockchain consortium has rebranded as the Blockchain for Energy consortium.
Energy Security
Report Confirms Progress in Safety of Offshore Oil and Gas Operations in Europe
The European Commission has seen progress in the safety of offshore oil and gas operations in EU member states following the implementation of the safety direct…
Oil & Gas Trade
China Port Tops 100 million Tonnes in Oil, Gas Throughput
Ningbo Zhoushan port, China's busiest port in the eastern province of Zhejiang, reported its oil and gas throughput exceeding 100 million tonnes in the first te…
Market Analysis
Rystad: Discovered Oil and Gas Resources to Reach 10 Billion Boe in 2020
Despite concerns that Covid-19 could drive down discovered volumes to their lowest levels in decades, exploration activity has been resilient this year with dis…
Vietnam
PetroVietnam Fulfils 10-Month Exploitation Plan
The Vietnam Oil and Gas Group exploited an estimated 17.32 million tonnes of oil in the first 10 months of this year, surpassing the plan for the period by 2.3 …
Oil and Gas Equipment
Noble Gets Rid of Five Cold-Stacked Floating Rigs
Offshore drilling contractor Noble Corporation has decided to sell five of its cold-stacked floating drilling rigs.
Oil & Gas Trade
Election 2020: Climate Change Won’t Be Part Of Texas Oil Regulator’s Agenda
In a sweeping victory for America’s oil and gas industry, Republican businessman James “Jim” Wright comfortably won a seat on Texas’ energy regulator with 5…
Market Analysis
Five Key Climate Metrics for the Oil and Gas Sector's Next Five Years
It’s an unforgiving time to navigate the choppy waters of oil and gas investment. Demand destruction from the COVID-19 pandemic has eroded earnings, dented div…
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