Oil and gas

Nuclear Power Plant
Rusatom Service, MVM Group create European Power Services JV
Rusatom Service and MVM Group have formed a joint venture in Hungary to provide service and maintenance to nuclear industry facilities, conventional sources of …
Oil & Gas Trade
North American Oil And Gas Companies Continue to Go Bankrupt at $40 Oil
The rash of oil and gas bankruptcies in North America is set to continue for the remainder of 2020.
Crude Oil
New Zealand Cuts 2020 Oil Output Forecast
New Zealand has cut its 2020 upstream output forecast slightly, but now sees its existing oil and gas reserves lasting for longer than previously planned.
UAE's Taqa Registers Dh4bn Loss in Q1 2020
Despite the challenging start to the year, TAQA is looking ahead and is well positioned to continue benefiting from stable revenue streams.
Crude Oil
How the Fed Bailed Out U.S. Oil And Gas
he Trump administration has taken dozens of actions during the Covid-19 pandemic to benefit the oil and gas industry.
Oil Price
Oil Major Shell to Write Down up to $22 Billion of Assets in Second Quarter
It said it would take aggregate post-tax impairment charges in the range of $15 billion to $22 billion in the second quarter.
China Energy
China-Made Large "Offshore Oil and Gas Plant" Put into Production in Brazil
Successful oil production marks the official commissioning of this large “offshore oil and gas plant”.
Oil and Gas Equipment
Total Starts Up 2nd FPSO Off Brazil
Total and its partners announce the start-up of the Floating Production Storage and Offloading P-70 of the Iara cluster, located in the deepwater Santos Basin p…
Oil&Gas Drilling
Trump Administration has Denied most Onshore Drilling Relief Requests
Trump administration has rejected most land-based oil and gas companies' requests for royalty breaks.
Oil Price
Pandemic, Low Oil Prices Cause Massive Drop in North Dakota State Revenue
Incoming oil and gas tax revenues for April, the latest month of data, were just $38 million — 81% below the Legislature's forecast.
Oil & Gas Trade
OPEC's Roadmap to Stabilization
What is OPEC's roadmap for moving towards stabilization?
Oil&Gas Drilling
Norway Offers 36 Oil Exploration Blocks in Already Opened Areas
Energy companies can apply to explore for oil and gas in 36 new exploration blocks off Norway, the country's oil and energy ministry said on Friday.
Oil Pipeline
Will America's Pipeline Operators Survive the Oil Crisis?
Pipeline utilization by mid-stream US oil and gas companies has fallen sharply in recent months.
Gas Turbine
Caterpillar China Tianjin Ltd. Manufactures First Gas Engine For Oil & Gas Application
Caterpillar Oil & Gas has manufactured its first gas engine at Caterpillar China Tianjin Ltd. (CTL) for oil and gas applications. According to Caterpillar.
Oil & Gas Trade
PGNiG to Supply LNG to LG Electronics in Poland
Polish oil and gas company, PGNiG, has announced a new deal to supply liquefied natural gas (LNG) to South Korean electronics manufacturer, LG Electronics.

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Oil and gas

Rusatom Service, MVM Group create European Power Services JV

North American Oil And Gas Companies Continue to Go Bankrupt at $40 Oil

New Zealand Cuts 2020 Oil Output Forecast

UAE's Taqa Registers Dh4bn Loss in Q1 2020

How the Fed Bailed Out U.S. Oil And Gas

Oil Major Shell to Write Down up to $22 Billion of Assets in Second Quarter

China-Made Large "Offshore Oil and Gas Plant" Put into Production in Brazil

Total Starts Up 2nd FPSO Off Brazil

Trump Administration has Denied most Onshore Drilling Relief Requests

Pandemic, Low Oil Prices Cause Massive Drop in North Dakota State Revenue

OPEC's Roadmap to Stabilization

Norway Offers 36 Oil Exploration Blocks in Already Opened Areas

Will America's Pipeline Operators Survive the Oil Crisis?

Caterpillar China Tianjin Ltd. Manufactures First Gas Engine For Oil & Gas Application

PGNiG to Supply LNG to LG Electronics in Poland