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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
Egyptian Oil & Gas Firm Books Jack-up Rig on 21-Month Drilling Gig in Gulf of Suez
ADES Holding Company, part of Saudi Arabia-headquartered oil and gas drilling services provider ADES Group, has secured a new drilling assignment for one of its…
Oil&Gas Drilling
'Major' Oil Player Books Jack-up Rig for Drilling Gig Offshore Qatar
ADES Holding Company, part of Saudi Arabia-headquartered oil and gas drilling services provider ADES Group, has secured a long-term assignment for one of its ja…
Offshore Wind Power
US Proposes Second Offshore Wind Auction in Gulf of Mexico
An oil and gas drilling platform stands offshore as waves churned from Tropical Storm Karen come ashore in Dauphin Island, Alabama, October 5, 2013. REUTERS/Ste…
Oil & Gas Trade
Oil and Gas Driller Ades Draws Orders Worth $76BN for $1.2bn IPO
ADES conducts business in seven countries with a fleet of 85 rigs. Credit: James Jones Jr/Shutterstock.Oil and gas drilling company ADES has received orders wor…
Oil Exploration
New Mexico Land Commissioner Issues Oil and Gas Moratorium on New Drilling
ALBUQUERQUE, N.M. – State Land Commissioner Stephanie Garcia Richard signed a moratorium preventing new leases for oil and gas drilling operations within …
Oil&Gas Drilling
Oman’s State Energy Company OQ Plans to List Drilling Unit Abraj in Muscat
Oman’s state energy company OQ plans to sell up to 49 per cent stake in its drilling unit, Abraj Energy Services, through an initial public offering, beco…
Carbon Emissions
U.S. Seeks to Limit Flaring and Methane Leaks from Public Lands Drilling
President Joe Biden's administration on Monday proposed rules aimed at limiting methane leaks from oil and gas drilling on public lands, Washington's latest mov…
Oil&Gas Drilling
Biden Reverses Trump Move to Open up More Oil Drilling in Arctic
The Biden administration on Monday reversed a Trump administration plan that would have allowed the government to lease more than two-thirds of the country’s l…
Oil&Gas Drilling
US Resumes Public Land Leasing for Oil and Gas Drilling
The US Department of the Interior said around 144,000 acres of public land will be put up for sale this week, marking the end of a moratorium on new leases.
Oil&Gas Drilling
Trump Administration Finalizes Alaska Oil Drilling Plan
The Trump administration has finalized a plan that will open up more land for oil and gas drilling in the Alaska Petroleum Reserve, the Bureau of Land Managemen…
OPEC
Russian Energy Ministers Tells Biden Not To Disturb Oil Markets
Joe Biden’s presidency will hopefully not interfere with OPEC+ actions taken to rebalance oil markets, Russian Deputy Prime Minister and former Energy Minister…
Oil&Gas Drilling
Oil And Gas Drilling Set For A Multi-Decade Low In 2020
The number of drilled wells globally is expected to reach around 55,350 this year, the lowest since at least the beginning of the century.
Oil & Gas Trade
U.S. Goes Ahead With Oil, Gas Lease Sales Despite Price Crash
Despite calls for immediate suspension of oil and gas drilling lease sales on federal land amid slumping prices, the U.S. will hold lease sales this week in fou…
Carbajal Introduces Bill to Halt Future Oil and Gas Drilling
Rep. Salud Carbajal (CA-24) introduced the California’s Land Preservation and Protection Act to place a moratorium on fracking and new oil and gas drilling o…
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