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Oil Field
Bitcoin Fracking Turns Waste Gas to Digital Gold in Bakken Oil Field
Natural gas produced as a byproduct in Bakken oil production is often flared as waste. Near Sidney, Montana, one company is converting it to cryptocurrency inst…
Reactivation of the Hydrocarbons Sector Continues with the Colombia Round 2021, which will Offer 32 New Areas to Investors
The National Hydrocarbons Agency (ANH) launched the Colombia 2021 Round that brings 32 new areas to investors, 28 of them offered by the ANH and 4 presented by …
Energy Investment
Aramco Closes $12.4bn Pipelines Deal with EIG-led Consortium
Sale of a 49% stake in Aramco Oil Pipelines attracted investors from North America, Asia and the Middle East
LNG
Chinese Joint Venture Orders Three more LNG Carriers
A joint venture between Chinese state-controlled shipowner Cosco Shipping Energy Transportation and state-owned energy firm CNPC has ordered another three LNG c…
Oil Exploration
Vår Energi Makes ‘Significant’ Discovery in Balder Area
Oil and gas company Vår Energi has made a ‘significant’ discovery of oil and gas in the King and Prince exploration wells in the Balder area in the Southern …
Crude Oil
Venezuela’s Oil Boss Projects Soaring Output, Despite Crumbling Infrastructure and U.S. Sanctions
In Venezuela, waiting in line at a gas station -- sometimes for days -- has become so routine that it’s hard to imagine life without it.
Oil Field
China Discovers 900m-Tonne Oil and Gas Field in Xinjiang
China has discovered a new 900-million-tonne oil and gas field in the Tarim Basin in the northwestern Xinjiang Uygur Autonomous Region after six years' intensiv…
Crude Oil
Iraq Expects Oil Prices to Reach $80/bbl - State News Agency
Iraqi expects oil prices to reach $80 per barrel.
Oil & Gas Trade
Petrobangla Signs MOU with Indian H-Energy to Import R-LNG
State-run Petrobangla has inked a memorandum of understanding with Indian H-Energy recently to import re-gasified LNG (R-LNG) through a cross-border pipeline.
Energy-Eficient Building
How Improving Our Buildings can Help us Reach Net Zero
These emissions are mainly the result of burning fossil fuels for heating through our gas and oil boilers – as well as some for cooking.
Crude Oil
Crude Oil Prices Steady Near Multi-Year Highs
Crude oil prices hovered near multi-year highs on Thursday, buoyed by falling U.S. crude inventories which limited the impact of a stronger U.S. dollar.
Oil Price
Biden, Putin Did Not Discuss Oil Prices Or OPEC+ Deal
The leaders of the United States and Russia did not discuss oil prices or the OPEC+ deal at their summit in Geneva on Wednesday
Crude Oil
Oilfield Services Receive A Major Boost As Oil Prices Rally
The steady and substantial climb in oil prices has led to more business for oilfield service providers and higher prices.
Natural Gas
Equinor Extends Heimdal Gas Center’s North Sea Service Contract to 2023
New wells at Valemon will extend profitable operations at Heimdal, which is processing gas from Valemon.
Crude Oil
GS Caltex to Import 2 Million Barrels of Carbon Neutral Oil
GS Caltex will introduce two million barrels of carbon-neutral crude oil certified as carbon-neutral crude oil from Lundin Energy, a Swedish energy company.
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