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Oil&Gas Drilling
ADX Ramps up European Gas Pursuit at Welchau Well
ADX Energy’s hunt for 807 billion cubic feet (Bcf) of European gas is continuing to gather steam, with the drilling of its Welchau-1 exploration well in A…
Oil Price
Record US Oil and Gas Production Keeps Prices Under Pressure
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 Drilling
OPEC+ Members Extend Oil Output Cuts to Second Quarter
A view of the entrance to the Organization of the Petroleum Exporting Countries (OPEC) headquarters in Vienna, Austria, November 30, 2023. REUTERS/Leonhard Foeg…
Oil Exploration
FG Eyes 2.5 Million Barrels Daily Oil Production
Brent, the global benchmark for crude oil, witnessed a rise in price in the past three days, crossing $84/barrel on Friday, after trading for an average of $80/…
Oil&Gas Drilling
Mubadala Working on Expanding Gas Production at Malaysia's Pegaga Field -Exec
Mubadala Energy is working on expanding production capacity at the Pegaga gas field off the coast of Sarawak, Malaysia, Chief Operating Officer Stefano Raciti s…
Oil & Gas Trade
Totalenergies, Shell, Chevron Double Down on African Oil, Gas
Leading IOCs are affirming their commitment to African oil and gas – a positive indication for service providers, drilling contractors and the industry at-larg…
Geothermal Power Project
GA Drilling and Zerogeo Collaborate for Geothermal Power Project in Germany
GA Drilling and ZeroGeo Energy to collaborate on geothermal power project in Lower Saxony, Germany (source: GA Drilling and ZeroGeo Energy)GA Drilling and ZeroG…
Oil&Gas Drilling
Saudi Arabia Announces Major Gas Discovery at Jufurah Field
Saudi Arabia announced a major gas discovery on Sunday at the state oil company Aramco's Jufurah field.Energy Minister Prince Abdulaziz bin Salman said an a…
Oil & Gas Trade
Aramco Announces Big Gas, Condensate Find in Saudi Arabia
Saudi oil giant Aramco has announced that there has been a major jump in the volume of proven reserves of gas and condensate in its Jafurah unconventional field…
Oil&Gas Drilling
Metamorphic Rock Oilfield in Bohai Sea Sees Cumulative Proven Reserves Over 200 Mln Cubic Meters
China's largest offshore crude oil and natural gas producer announced Sunday that the cumulative proven oil and gas reserves of its Bozhong 26-6 oilfield ha…
Oil&Gas Drilling
At Saudi Aramco's Jafurah Field, Another 15 Trln Standard Cubic Feet of Gas Reserves Proven
The Saudi Aramco logo is pictured at Hyvolution exhibition in Paris, France, February 1, 2024. REUTERS/Benoit Tessier/ File Photo Purchase Licensing Rights, ope…
Biofuel
Glomar Claims 28% Emissions Reduction Using Goodfuels' Biofuel
Dutch offshore drilling services provider Glomar Offshore has revealed that it has achieved CO2 emissions reduction by 28% by transitioning from traditional fue…
Oil&Gas Drilling
Exxon Considering Guyana Offshore Gas Production After 2029
A man walks near Exxon Mobil Corp.'s headquarters in Georgetown, Guyana, June 29, 2023. REUTERS/Sabrina Valle Purchase Licensing RightsAn Exxon Mobil-led co…
Geothermal Power Project
KAUST and TAQA Break Ground on Geothermal Research Well in Saudi Arabia
Spudding of geothermal research well at KAUST, Saudi Arabai (source: KAUST)King Abdullah University of Science and Technology (KAUST) and TAQA Geothermal have o…
Oil & Gas Supply
Petrobras to Invest $1.5 Billion in Hisep Decarbonization Tech
Worker repair a tank of Brazil's state-run Petrobras oil company in Brasilia, Brazil September 30, 2015. REUTERS/Ueslei Marcelino Purchase Licensing RightsB…
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