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Nigeria
Seplat to Revive 400 Idle Oil Wells, Set to Hit Over 120,000 BPD After Buying Mobil Assets
Nigeria’s Seplat Energy plans to revive 400 idle oil wells to meet its over 120,000 barrels per day crude production in the coming months, the company’s top m…
Crude Oil
UK’s Serica Energy Restarts Production at Triton Vessel
UK's Serica Energy (SQZ.L), opens new tab said on Tuesday that its Triton floating production storage and offloading (FPSO) vessel in the North Sea resumed …
Natural Gas
US Natural Gas Prices Jump 9PC as Winter Storms Boost Heating Demand
US natural gas futures soared 9% in volatile trade on Monday as winter storms battered the eastern half of the country, causing output to decline as some oil an…
Oil Price
Oil Prices Post 3% Annual Decline
Oil prices fell around 3 percent in 2024, slipping for a second straight year, as the post-pandemic demand recovery stalled, China's economy struggled, and …
Natural Gas
Senegal, Mauritania Take Step Towards Shared Gas Production
Senegal and Mauritania said Wednesday they had moved a step closer towards producing gas after opening the first well at a field off their maritime border.The t…
Natural Gas
Iran to Commission New Well at Joint Gas Field With Qatar
The first domestic well (infill) in the South Pars gas field (North Dome in Qatar), Iran's joint gas field with Qatar, will be put into operation in a month…
Battery
Canadian Solar to Supply Two Texan Battery Projects
The solar and energy storage manufacturer will provide battery energy storage systems (BESS) for the Gaia and Midpoint projects as well as up to 2 GWp of solar …
Oil&Gas Drilling
Noble Rig Scores Multi-Well Drilling Gig Offshore Suriname
U.S. offshore drilling contractor Noble Corporation has got a new drilling assignment off the coast of Suriname, which will be conducted by its 2009-built semi-…
Oil Exploration
Fresh Oil & Gas-Condensate Discovery Comes to Light in Namibia
Portugal’s oil and gas company Galp has found more light oil and gas-condensate in the second of up to four wells within its current exploration and appra…
Oil&Gas Drilling
PV Drilling Eyes Southeast Asian Oil and Gas Drilling Market
Petrovietnam Drilling and Well Service Corporation (HOSE: PVD) successfully exceeded its 2024 business targets, with all financial indicators significantly surp…
Natural Gas
Galp Finds Oil and Gas Condensate Offshore Namibia
Galp, together with its partners NAMCOR and Custos, has found more light oil and gas condensate in a well at PEL83 license offshore Namibia.The partners drilled…
Oil Exploration
Afghanistan Receives Oil Extraction Equipment for Amu Darya Basin
The spokesperson stated that exploration and extraction work is currently underway on some oil wells in the area, with the work on some of them already complete…
Wind Farm
Vestas Scores First 15 MW Offshore Wind Turbine Deal in Asia-Pacific
Denmark’s Vestas has received an order to supply its 15 MW turbines for the 315 MW Oga Katagami Akita Offshore Wind Project in Akita Prefecture, Japan.The…
Electric Vehicles
Xiaomi Wants to Become A Top 5 Automaker Globally
Xiaomi’s entrance into the EV market has been one of the stories of the year. The #2 smartphone seller in the world decided it can make electric cars as w…
Electric Vehicles
Andy Palmer Says “Hybrids Are a Road to Hell”
Who is Andy Palmer and why is he saying Hybrids are a road to hell? Admittedly, Palmer is not a household name, but he is well known in the auto industry. He we…
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