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Oil and gas
Oil&Gas Drilling
New Oil Discovery Boosts Barents Sea Potential With 20 More Wells on the Drilling Horizon
Norwegian oil and gas player Vår Energi has discovered oil resources in an appraisal well near the Goliat field in the Barents Sea off the coast of Norway…
Natural Gas
Suncor Energy to Increase Oil and Gas Output by up to 5 Per Cent in 2025
Suncor Energy Inc. is aiming to increase its oil output next year by up to five per cent, as it continues to work to improve its performance and lower costs fro…
Natural Gas
Austria’s OMV Terminates Gazprom Natural Gas Contract
Austrian oil and gas company OMV announced Wednesday the termination its long-term natural gas supply contract with Russia's Gazprom Export, citing multiple…
Net Zero
Emissions Fall In Hard-To-Abate Sectors but Still off Track to Reach 2050 Net-Zero Targets
The World Economic Forum’s latest Net Zero Industry Tracker shows progress in reducing emissions across eight hard-to-abate sectors—steel, aluminium, cem…
Natural Gas
Shell to Explore for Oil and Gas in the Black Sea
Shell Exploration and Production (96) B.V, a subsidiary of Shell, will explore for oil and natural gas in Block 1-26 Khan Tervel, located in Bulgaria's excl…
Natural Gas
POGC Completes South Pars Overhaul Campaign Offshore Iran
Pars Oil and Gas Co. (POGC) has completed overhauls of the gas platforms at the South Pars field in the Persian Gulf.Ali-Mohammad Tahan, head of HSE at the comp…
Natural Gas
OGDCL-Led Consortium Wins Bid for 49% Stake in Miran Block
Oil and Gas Development Company Limited (OGDCL), along with its consortium partners Pakistan Petroleum Limited (PPL) and Government Holdings (Private) Limited (…
Crude Oil
Indonesia’s Pertamina Has Signed Oil Block Contract -Regulator
Indonesian state energy firm PT Pertamina has signed a production sharing contract with the government for the country's second-largest crude producing fiel…
Oil & Gas Technology
Iran Offers Cooperation With Gas Exporting Countries in Oil and Gas Technologies
Azim Kalantari-Asl, speaking during a visit by GECF ministerial delegates to the research facility, outlined key areas for collaboration, including gas reservoi…
Green Hydrogen
Samsung E&A to Provide Engineering for Liquid Wind’s Global E-fuel Plants
Liquid Wind and Samsung E&A will work together on developing green hydrogen-based e-fuel facilities in Asia, Africa and the Middle East.The oil and gas EPC firm…
Geothermal Power Project
Gradient to Generate Geothermal Power in North Dakota Oil and Gas Facility
Gradient Geothermal will be deploying their technology to produce geothermal electricity from the oil and gas assets of Chord Energy in North Dakota.Colorado-ba…
Crude Oil
GeoPark to Acquire Colombia Assets from Repsol for $530MM
Latin American oil and gas firm GeoPark Limited is acquiring upstream oil and gas assets in Colombia from Repsol.GeoPark said in a news release that it has sign…
Tender/bid
Petrobras Fires the Starting Gun on Bid Battle for Two New Brazil-Bound FPSOs
Brazil’s state-owned oil and gas giant Petrobras has kicked off a new procurement process to secure two more floating production, storage, and offloading …
Oil Price
Geopark Announces Plans To Acquire Repsol Upstream Assets In Colombia
GeoPark has announced the signing of Sales and Purchase Agreements (SPAs) with Repsol Exploración S.A. and Repsol E&P S.A.R.L to acquire Repsol upstream …
Oil Price
Oil And Gas Drilling Activity To Reach 10-year High In 2025: Industry Group
Canada’s oil and gas well drilling sector is poised to employ more people next year than it has in a decade, but the job growth could be derailed if presi…
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