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Oil & Gas Trade
Stake in Shell's UK Gas Field Enables Norwegian Player to Bolster North Sea Portfolio
DNO Exploration UK Limited, a wholly owned subsidiary of Norway’s oil and gas firm DNO, has enriched its North Sea portfolio with a new addition, thanks t…
Oil & Gas Trade
Indonesia Offers Five Oil and Gas Blocks in First Auction for 2024
Indonesia has offered five onshore and offshore oil and gas blocks in its first tender for the year amid efforts to reverse an extended production decline.Indon…
Oil&Gas Drilling
Adnoc Drilling Lands $1.7bn Contract for UAE's Energy Resources
Adnoc Drilling has been awarded, by Adnoc, a $1.7 billion contract to provide drilling and associated services for the recovery of unconventional energy resourc…
Oil & Gas Trade
Angola's Infrastructure to Support New Oil and Gas Development Ahead of 2025 Licensing Round
As part of the country’s six-year licensing round launched in 2019, Angola will open its next international tender in 2025. Currently, the National Oil, G…
Oil&Gas Drilling
Chinese Companies Win More Bids to Explore for Iraq Oil and Gas
China National Offshore Oil Corp (CNOOC) headquarters in Beijing. Photo: ReutersChinese companies won five more bids to explore Iraqi oil and gas fields, Iraq&r…
Oil&Gas Drilling
US Drillers Cut Oil and Gas Rigs for Third Week in a Row, Baker Hughes Says
Pump jacks operate in front of a drilling rig in an oil field in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford/File Photo Purchase Licensing RightsU.…
Oil & Gas Trade
Energy Producers Santos, Repsol Explore Sale of Stakes in Alaska Oilfields, Sources Say
The logo of Repsol is seen near a fuel station in Malaga, Spain, April 24, 2024. REUTERS/Jon Nazca/File Photo Purchase Licensing RightsOil and gas producers San…
Oil & Gas Trade
BP Profit Slides by 40% as Refinery Outage Offsets Higher Output
BP's (BP.L), opens new tab first-quarter earnings plunged by 40% to $2.7 billion, missing forecasts after lower energy prices and a U.S. refinery outage off…
Oil & Gas Trade
BP Q1 Profits Slump to $2.7 Billion, Missing Forecasts
BP (LON:BP) reported on Tuesday first-quarter earnings of $2.7 billion, down 40% from a year earlier and missing forecasts due to lower oil and gas prices and a…
Oil and Gas Equipment
Shell to Build Gas Distribution Infrastructure in Oyo, Signs 20-Year Deal
Shell Nigeria Gas (SNG) and the Oyo State Government have signed an agreement to develop a gas supply and distribution infrastructure that will deliver gas to i…
Oil&Gas Drilling
Conocophillips Reaches First Oil at Norway’s Eldfisk North Ahead of Schedule
ConocoPhillips Skandinavia has announced successful first oil production at its Eldfisk North project in the Norwegian North Sea.Located in the Greater Ekofisk …
Oil&Gas Drilling
Egyptian Oil & Gas Firm Books Jack-up Rig on 21-Month Drilling Gig in Gulf of Suez
ADES Holding Company, part of Saudi Arabia-headquartered oil and gas drilling services provider ADES Group, has secured a new drilling assignment for one of its…
Oil & Gas Trade
British Regulator Awards More North Sea Oil and Gas Licences
Britain's oil and gas regulator on Friday awarded 31 new hydrocarbon exploration licences as part of efforts to extend production in the ageing basin.The li…
Oil & Gas Trade
Diamondback Energy and Endeavor Receive Second FTC Request Over $26 Bln Deal
Oil and gas firm Diamondback Energy (FANG.O), opens new tab said on Monday it had received a second request from the U.S. Federal Trade Commission (FTC) in conn…
Oil & Gas Trade
Shell Earns $1 Billion a Year From US Crude Trading, Court Filing Shows
A view shows a logo of Shell petrol station in South East London, Britain, February 2, 2023. REUTERS/May James/File Photo Purchase Licensing RightsFinancial det…
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