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Oil&Gas Drilling
Total Moves Tyra Project Into the Next Phase Following Jacket Installation
French oil major Total has installed two new jackets for the Tyra field redevelopment project located in the Danish North Sea.
Oil Field
Equinor Plans $2 Billion Breidablikk Oilfield Development
Equinor and its partners in Norway's Breidablikk oil discovery have agreed on an 18.6 billion Norwegian crowns development plan for the North Sea field.
LNG
Chevron Sells More Domestic Gas to Alcoa in Australia
Chevron has signed an agreement to supply a further 37PJ of gas sourced from the three LNG projects located offshore Western Australia to US aluminium group Alc…
Oil & Gas Trade
BPCL Pays for Defaulting Videocon in Brazil Oil Block
State-owned Bharat Petroleum Corp Ltd has been forced to pay for its defaulting partner Videocon Industries Ltd after it had relied on a rarely used model to ac…
Oil Price
Gulf Nations Are Desperate For Higher Oil Prices
the Gulf economies are in dire straits thanks to their overreliance on oil.
Oil Shale
U.S. Shale Producers Devon Energy , WPX Energy in Merger Talks
U.S. shale producer Devon Energy Corp is in talks to acquire rival WPX Energy Inc in an all-stock transaction that would create a combined company worth around…
Solar Company
Japan's *Largest Oil Refiner & JinkoSolar Coperation
JinkoSolar Holding Co Ltd announced its intention to co-operate with ENEOS Corporation, Japan's largest oil refiner, on the provision of solar modules for a Vir…
Crude Oil
Shell Set To Load First Oil From One Of Libya’s Open Ports
Supermajor Shell has provisionally chartered an oil tanker to load crude from one of Libya’s three open ports at the end of next week in what could be the firs…
Solar Power Plant
Total Buys 3.3GW Solar Portfolio and Signs World’s Largest Corporate PPA
Oil major Total has acquired a 3.3-gigawatt solar project pipeline in Spain and will be the offtaker for 3 GW, enough to power its European operations.
Crude Oil
With 41m Barrels, Gabon’s Oil Pproduction Appreciated by 3% in H1 2020
Gabon has produced 41 million barrels of oil to the 1 st half of 2020.
Energy Investment
Canadian Government Commits C$320 Million to Aid Offshore Oil Industry
Canada will spend C$320 million to support its offshore oil industry, which has struggled as coronavirus pandemic travel restrictions reduced demand.
LNG
China to Build Country's Largest LNG Reserve Base
China is building its largest liquefied natural gas reserve base in its eastern Jiangsu province.
Oil Pipeline
PipeChina Signs Gas Grid Pact with Southern Guangdong Province
Southern Guangdong became the first province to transfer its natural gas pipeline network to China's newly formed oil and gas pipeline giant PipeChina.
Oil & Gas Trade
Iraqi Oil Ministry Denies Deal to Up Oil Exports
Iraq's oil ministry on Thursday denied a media report citing Oil Minister Ihsan Abdul Jabbar as saying an agreement was imminent with the OPEC+ group to increas…
Oil & Gas Trade
Nigeria's Oil Sales Revenue Plummeted 75% in July
Data from the Nigerian National Petroleum Corporation showed that Nigeria’s oil sales revenue in July was 55.29 million US dollars, a decrease of 75% from the …
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