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Oil and gas
Oil&Gas Drilling
U.S. Rig Count Plunges Again
The number of operating U.S. oil and gas rigs plunged again this week in its twelfth week of losses, according to Baker Hughes.
Oil&Gas Drilling
ConocoPhillips Receives Consent to Use Valaris rig for Ekofisk Wells
Oil and gas exploration company ConocoPhillips has received consent from the Norwegian offshore safety watchdog Petroleum Safety Authority (PSA), to use a Valar…
Combined Heat and Power
Wärtsilä's Gas Engine Technology to Advance Spanish CHP Market
Rofeica Energia, based in Barcelona, Spain, has ordered a Wärtsilä 34SG gas-fuelled engine generating set, enabling the company to secure its future in Spain'…
Energy Transition
Spain's New Climate Law to Ban New Coal, Oil and Gas Projects
Teresa Ribera, the vice president and Minister of Ecology in Spain, has announced the country's new proposed net-zero carbon plan.
Oil&Gas Drilling
Basra Begins Drilling the First Well in Majnoon Field
Drilling the first new production well in Majnoon oil field has started with national efforts after the withdrawal of Shell(Dutch-British oil and gas company), …
Google says it Won’t Build AI Tools for Oil and Gas Drillers
Google says it will no longer build custom artificial intelligence tools for speeding up oil and gas extraction, separating itself from cloud computing rivals M…
Oil & Gas Trade
Coronavirus Creates Repair Headache for Oil and Gas Industry
The coronavirus pandemic has disrupted maintenance at oil and gas projects and refineries from Russia’s Far East to the coast of Canada, storing up problems fo…
Oil Field
ONGC Awards 49 Marginal Fields to 7 Companies Amid Corona Crisis
India's oil and gas corporation awarded 49 marginal producing oil and gas fields to seven companies late on Thursday.
Oil & Gas Trade
India Oil & Gas Industry Might Need More Time to Recover
Most O&G CXOs believe that the recovery for the sector is likely to be longer, and more protracted than anticipated.
Oil & Gas Trade
The Oil and Gas Industry is Losing Young Professionals
The oil and gas industry is grappling with a growing employment crisis as young professionals steer clear of the ailing industry
CNPC
PetroChina Makes a New Natural Gas Find in Southwest China
PetroChina, through its affiliate PetroChina Southwest Oil and Gasfield Company , has discovered a large gas belt with an estimated reserve of over 1,000 bcm in…
Energy Transition
EU Bank Ends Fossil Fuel Lending in World-First for Climate
The European Investment Bank (EIB) today became the world's first public lender to commit to ending funding for coal, oil and gas.
Oil Field
Ghana Instructs Eni and Local Producer to Combine Oil Fields
Ghana has directed Eni SpA and Springfield E&P to begin talks to combine their adjacent oil and gas fields.
Oil & Gas Trade
U.S. Drillers Expected to Slash Oil and Gas rigs to Lowest Ever
The number of oil and gas rigs operating in the United States is expected to hit an all-time low this week - reflecting data going back 80 years - as the energy…
Crude Oil
Equatorial Guinea set to Construct Modular Crude Oil Refinery in Punta Europa
The contract was awarded to Houston based VFuels Oil & Gas Engineering (VFuels),a full service oil and gas engineering, design, and fabrication firm that specia…
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