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Crude Oil
Matahio Energy completes acquisition of onshore assets in New Zealand
TARANAKI, New Zealand, June 6, 2023 - (ACN Newswire) - Matahio Energy has completed the acquisition of a portfolio of six onshore oil and gas licenses in the Ta…
Oil & Gas Supply
Mexico Approves $4.5 Billion Zama Development Plan
Mexican hydrocarbons regulator CNH has approved the development plan submitted by state-owned energy company Pemex and its partners for the Zama shallow-water f…
Crude Oil
Saudi Arabia to Cut Oil Output by 1 Million Barrels per Day to Boost Slumping Prices
The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC's headquarters in Vienna, Austria, on March 3, 2022. (…
Natural Gas
Domestic Retail Gas Prices Fall in June
The retail gas prices in domestic market decreased on June 1 following the falling prices in world market.
Oil & Gas Supply
Aker BP Makes a 40-90 Mboe Oil Discovery in the North Sea off Norway
The Norwegian oil exploration company Aker BP has made a significant oil discovery in the North Sea off Norway, with preliminary estimates indicating a gross re…
Oil Field
Aramco to Develop 400 MCF per Day Iraqi Gas Field
Saudi oil giant Aramco will develop a gas field in Iraq that could produce more than 400 million cubic feet of gas per day, Iraqi Oil Minister Hayan Abdel-Ghani…
Oil & Gas Supply
Energy Minister: ‘We Will Never License Oil and Gas Development in the UK That Isn’t Compatible With Net Zero'
Graham Stuart insists new oil and gas licenses are compatible with UK climate goals, as he argues UK can continue to attract green investment without engaging i…
Crude Oil
Saudi Oil Minister Warns Market Speculators to ‘Watch Out’ Ahead of OPEC+ Meeting
Saudi Oil Minister Prince Abdulaziz bin Salman on Tuesday told market speculators to watch out, reiterating his warning that they could face pain ahead.Speculat…
Crude Oil
Shell Buys More Australian Gas
Denison Gas supplying volumes from Queensland operationsShell Energy Asia has signed a gas sales agreement (GSA) to buy additional volumes of conventional and n…
Crude Oil
Expert Commentary the Role of Natural Gas in Powering Africa’s Future
Abubakar AbbasSenior Energy Forecast AnalystGas Exporting Countries Forum (GECF)Alexander ErmakovEnergy EconometricianGas Exporting Countries Forum (GECF)1 - In…
Crude Oil
Iran, Russia Sign 10 Oil Cooperation Deals
Iran and Russia on Wednesday signed 10 documents for cooperation in the oil industry in the Iranian capital Tehran, according to Shana News Agency affiliated to…
Oil & Gas Technology
Aramco, Totalenergies Announce Major Update for $11 Billion Amiral Project
The scope of work has been divided into eight packages and EPC contracts will be awarded very soonAramco–TotalEnergies JV SATORP has completed the FEED an…
Oil&Gas Drilling
Trio Petroleum Confirms “Major” Oil, Gas Accumulation in California Well
(WO) – Trio Petroleum Corp. announced that its HV-1 well has confirmed a major accumulation of oil and gas in the Presidents field in its South Salinas pr…
Floating Offshore Wind
Seatwirl, Kontiki Winds to Explore Powering Oil & Gas Assets With Floating Wind
Sweden-headquartered SeaTwirl has signed a Memorandum of Understanding (MoU) with Kontiki Winds to identify and discuss the opportunities to electrify oil and g…
Oil&Gas Drilling
Totalenergies Picks Shearwater for Surveys Offshore UK
French major TotalEnergies has awarded Norway’s Shearwater GeoServices with a contract to carry out surveys over its gas fields located west of Shetland, …
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