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Natural Gas
NNPC/First E&P Records 96% Reduction in Gas Flaring
The Nigerian National Petroleum Company Limited (NNPC Ltd) and First Exploration & Petroleum Development Company Limited (First E&P) Joint Venture (JV) has succ…
Crude Oil
China Aims for Stable Crude Oil Production Above 200M Tons in 2025
Workers perform their tasks at an oil platform in Daqing Oilfield in Daqing, northeast China's Heilongjiang Province, Nov. 25, 2024.China aims for stable cr…
Oil Field
Decision Over Progressing Brazilian Oil Discovery to FEED Entry Stage Due in Spring
Australia’s oil and gas company Karoon Energy is expected to make up its mind around April 2025 about moving forward with the next stage of development, w…
Natural Gas
Nigerian Offshore Fields Reach New Decarbonization Heights With 96% Cut in Routine Gas Flaring
Madu Conductor Supported Platform CSPThe Nigerian National Petroleum Company (NNPC) has tucked a new milestone in the reduction of routine flaring of associated…
Oil&Gas Drilling
Noble Rigs and Stena Drillship Get down to Oil & Gas Drilling Business Offshore Guyana
Noble Don Taylor drillshipFour mobile offshore drilling units (MODUs), made up of drillships owned by Noble Corporation and Stena Drilling, have buckled down an…
Oil Field
Chevron Takes the Operator Helm at Two Blocks in Namibian Waters
Chevron Namibia Exploration Limited (CNEL), an affiliate of the U.S.-headquartered energy giant Chevron, has strengthened its presence in Namibia’s offsho…
Crude Oil
Chevron Accelerates Kazakh Oilfield Ramp-Up, Sources Say
Chevron logo is seen in this illustration taken, October 23, 2023.Chevron (CVX.N), is speeding up its expansion of Kazakhstan's Tengiz oilfield, two sources fam…
Crude Oil
Venezuela’s PDVSA Resumes Light Crude Imports as Output Dwindles
Drilling rigs are seen at an oil well operated by Venezuela's state oil company PDVSA, at the oil rich Orinoco belt, near Morichal at the state of Monagas A…
Oil&Gas Drilling
US Drillers Add Oil and Gas Rigs for Second Week in a Row, Baker Hughes Says
The logo of energy services firm Baker Hughes is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023.U.S. ener…
Natural Gas
Sarawak Gas Deal Has Limited Impact on Petronas Earnings, Analyst Says
The logo of Malaysian energy group National Petroleum Limited, commonly known as PETRONAS, is displayed at their booth during the LNG 2023 energy trade show in …
Oil&Gas Drilling
Falcon Oil & Gas Completes Stimulation of Shenandoah Well
Falcon Oil & Gas Ltd (AIM:FOG, TSX-V:FO) shares soared nearly 20% higher in Friday’s early deals, after it completed the stimulation of its Shenandoah SS-…
Oil Refinery
China Oil Teapots Cut Run Rates to Pandemic Levels
Private oil processors in China have slashed their operating rates to levels last seen at the beginning of the pandemic, as U.S. sanctions on Russia cut a key s…
Oil Field
Production Begins in Mega Metamorphic Rock Oilfield in China’s Bohai Sea
The first phase of Bozhong 26-6 oilfield, by far the largest metamorphic rock oilfield in the world, commenced production on Friday.The development project of t…
Oil Price
Oil Set for Third Straight Weekly Decline Amid Tariff Concerns
A view of an oil pump jack on the prairies near Claresholm, Alberta, Canada January 18, 2025.Oil prices rose marginally in Asian trade on Friday but were on tra…
Nuclear Power Plant (NPP)
Vietnam Looks to Accelerate Construction of Nuclear Power Plants
Prime Minister Pham Minh Chinh speaking at the steering committee meetingVietnam's Prime Minister Pham Minh Chinh has instructed two state-owned groups, Ele…
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