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Oil & Gas Trade
South Sudan’s Nile Petroleum Assumes Control Over Former Petronas Oil and Gas Assets
South Sudan’s state-run Nile Petroleum Corp. took over oil fields and assets that belonged to a subsidiary of the Malaysian oil company Petroliam Nasional…
Oil Exploration
BP Electrifies 95% of Permian Wells, Boosts Production by 100,000 Barrels Daily
bp's U.S. onshore oil and gas division, bpx energy, has emerged as a leading player in the onshore sector, delivering some of the most productive and high-v…
Oil & Gas Trade
Quantum Capital to Acquire Caerus Oil and Gas Assets for $1.8 Bln
U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011. REUTERS/Lee Jae-Won/File Photo Purchase Licensing RightsQua…
Oil & Gas Trade
Oil Producer APA Explores $1-Billion Sale of Permian Assets, Sources Say
An oil pump is seen operating in the Permian Basin near Midland, Texas, U.S. on May 3, 2017. REUTERS/Ernest Scheyder/File Photo Purchase Licensing RightsAPA Cor…
Oil&Gas Drilling
US Government Allocates $775M for Orphaned Oil and Gas Well Cleanup
DOI’s new $775m funding aims to address orphaned oil and gas wells across 21 states. (Credit: U.S. Department of the Interior)The US Department of the Int…
Oil&Gas Drilling
US Drillers Cut Oil and Gas Rigs for Second Time in Three Weeks
Drill pipe is seen on a drilling site in the Permian Basin oil and natural gas production area near Wink, Texas U.S. August 22, 2018. REUTERS/Nick Oxford/File P…
Oil&Gas Drilling
Gulf of Thailand Development Starts Producing Oil
Canada-based oil and gas company Valeura Energy has achieved the first oil production from a development located off the coast of Thailand, said to be a result …
Oil&Gas Drilling
DNO Norge Cleared to Drill Wildcat Well in North Sea off Norway
DNO Norge, a subsidiary of Norwegian oil and gas operator DNO, has been granted a drilling permit for a wellbore in the North Sea by the Norwegian Offshore Dire…
Oil&Gas Drilling
Iraq Initials 13 Exploration Deals as Seeks to Focus on Natural Gas
Iraq's Oil Minister Hayan Abdel-Ghani attends the fifth plus and sixth licensing rounds for 29 oil and gas exploration blocks at the Oil Ministry's head…
Floating Offshore Wind
UK oil & gas operator eyeing seatwirl floating wind tech to decarbonise offshore production
Swedish floating wind turbine developer SeaTwirl has signed a memorandum of understanding (MoU) with UK-based oil and gas operator Serica Energy, under which th…
Oil&Gas Drilling
China-built largest international offshore oil platform delivered
A view of the heaviest international offshore oil and gas platform in Qingdao, east China's Shandong Province. /CMGThe heaviest international offshore oil a…
Oil&Gas Drilling
US Drillers Add Oil and Gas Rigs for Third Time in Four Weeks - Baker Hughes
A pulling rig is erected at an oil well in the middle of a cotton field to swab the well in Seminole, TX, U.S. September 19, 2019. Picture taken September 19, 2…
Oil & Gas Trade
Occidental Completes $12BN Acquisition of Midland Basin Operator Crownrock
Occidental closes acquisition of CrownRock. (Credit: tzevena from Pixabay)Occidental has wrapped up the previously announced $12bn acquisition of US-based Midla…
Oil & Gas Trade
Iraq and BP Plan to Develop Kirkuk Oil and Gas Fields, Iraqi PM’s Office Says
Logo of British Petrol BP is seen e at petrol station in Pienkow, Poland, June 8, 2022. REUTERS/Kacper Pempel/File Photo Purchase Licensing RightsIraq has signe…
Carbon Capture
Carbon Capture Storage Can Extend Fossil Energy Use: Bph Migas
Carbon capture storage (CCS) technology enables the extended use of fossil energy in Indonesia, according to Saleh Abdurrahman, a member of the Downstream Oil a…
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