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Market Analysis
Shell's Oil and Gas Reserve Life Drops for Sixth Year in a Row
The number of years of production left in Royal Dutch Shell's oil and gas reserves fell for the sixth year in a row in 2019 to below eight.
Oil&Gas Drilling
Exxon Signs Deals With Egypt For Oil, Gas Exploration in East Mediterranean
Exxon Mobil and Egypt have signed two oil and gas exploration deals in the Eastern Mediterranean, the Egyptian Ministry of Petroleum said on Tuesday, weeks afte…
Solar Power Plant
Oil Giant Total Links with Finance Group for Wind and Solar
Total sold a half share in a French onshore wind and solar portfolio to finance group Banque des Territoires, in a deal the oil and gas major said creates a bas…
China Changes Policy on Foreign Oil Operators
The policy of China on foreign oil and gas operators is about to change. China will allow private and foreign firms to explore its domestic oil and gas resource…
Oil&Gas Drilling
EU Warns Turkey Off Mediterranean Gas Exploration Plans
The European Union has urged Turkey to drop plans to drill for oil and gas around Cyprus and the eastern Mediterranean, saying such exploration was “illegal”.…
Argentine Govt Prepares Bill to Spur Oil and Gas Investment
Argentine President Alberto Fernandez will send a bill to Congress to attract investment for the production of conventional and unconventional hydrocarbons, a s…
Crude
Guyana celebrates first oil
THE Yannis P, a Marshall Islands-registered crude oil tanker will this weekend lift the first one million barrels of crude from the Stabroek Block offshore Guya…
Why Solar Energy’s Prospects Look Bright for 2020
The global energy transition is the transformation of the world’s energy supply, away from polluting sources such as coal, oil and gas, and towards renewables.…
Market Analysis
Norway Says Era of Oil and Gas Production Isn’t About to End
Norway Finance Minister Siv Jensen said she sees no reason why the oil and gas her country produces can’t be part of a future focused on sustainable energy.
Oil&Gas Drilling
3 Arctic Wilderness Areas to Watch as Trump Tries to Expand Oil & Gas Drilling
When President Donald Trump entered the White House in 2017, his intention was clear: His would be an administration defined in part by a no-holds-barred effort…
Oil & Gas Trade
Woodside JV Approves Senegal's First Oil Project
Oil and gas major Woodside Petroleum on Friday announced that the joint venture (JV) partners have approved the development of Phase 1 of the Sangomar field dev…
Oil & Gas Trade
China Opens Oil and Gas Exploration to Foreign Firms
China will allow foreign companies to take part in oil and gas exploration and production in the country, in what officials hailed Thursday (Jan 9) as a "major …
Dubai's Logistics Firm Tristar Buys Land in Oman's Duqm Port to Expand Operations
Dubai's Tristar Group, an oil and gas sector-focused logistics company, acquired more than 11,000 square metres of land in Oman’s Duqm port as it expands its o…
Oil&Gas Drilling
Woodside Gets Green Light for $6 Billion Senegal Oil Project
Australian oil and gas producer Woodside has won approval from the Senegalese government to develop the nation's first oil project, clearing the way for final i…
Geothermal And Biomass Have Great Potential in Indonesia's Energy Future
Geothermal and biomass could be key elements in efforts by Indonesia to curb the high current account deficit, which is caused by the large import of oil and ga…
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