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Oil and gas producers
Decarbonization
Oil, Gas Companies Told To Cut Emissions By One-third Under Planned Cap
Oil and gas producers in Canada will be required to cut greenhouse gas emissions by about one-third over the next eight years under new regulations being publis…
Oil Field
North Sea Energy Firms Look Beyond UK After Tax Squeeze
Aerial view of the Gullfaks C oil platform, North Sea, August 23, 2023. REUTERS/Nora Buli/File Photo Purchase Licensing RightNorth Sea oil and gas producers are…
Oil & Gas Trade
Energy Producers Santos, Repsol Explore Sale of Stakes in Alaska Oilfields, Sources Say
The logo of Repsol is seen near a fuel station in Malaga, Spain, April 24, 2024. REUTERS/Jon Nazca/File Photo Purchase Licensing RightsOil and gas producers San…
Oil&Gas Drilling
Canada Oil, Gas Producers to Drill 8% More Wells in 2024 -Industry Group
An oil pump jack pumps oil in a field near Calgary, Alberta, July 21, 2014. REUTERS/Todd Korol/File Photo Acquire Licensing RightsCanadian oil and gas producers…
LNG
ADNOC Gas Seals $450M Petrochina LNG Supply Deal
Abu Dhabi-based Adnoc Gas has reached an agreement, in the range of $450 million to $550 million, for supply of Liquefied Natural Gas (LNG) to a subsidiary of P…
Energy Investment
Britain’s Windfall Tax Risks North Sea Cash Flight, Output Drop, Industry Warns
North Sea oil and gas producers hit back after Britain's decision to raise a windfall tax on the sector, warning the move risked jeopardizing investment in the …
Canada
Canada, Nigeria Target Oil and Gas Methane Emissions With New Laws
Oil and gas producers Canada and Nigeria have become the latest countries to tackle the potent greenhouse gas methane with laws to rein in emissions in the foss…
United Kingdom
UK Approves 25% Windfall Tax on Oil and Gas Producers
British lawmakers have officially approved a 25% windfall tax on oil and gas producers that will earn the government nearly $6 billion in one year to put toward…
Oil Price
UK Imposes 25% Energy Windfall Tax to Help Households as Bills Surge
Britain announced a 25% windfall tax on oil and gas producers' profits on Thursday, alongside a 15 billion pound ($18.9 billion) package of support for househol…
Oil Shale
U.S. Shale Producers Oasis, Whiting to Merge in $6 Bln Deal
U.S. shale oil and gas producers Oasis Petroleum Inc OAS.O and Whiting Petroleum Corp WLL.N will merge in a $6 billion deal, the companies said on Monday.
Oil & Gas Trade
Middle East Oil Exporters To See Fast Economic Growth In 2022
The six major Middle Eastern oil and gas producers part of the Gulf Cooperation Council are set to book faster economic growth in 2022 than previously expected,…
China
China's National Oil Companies Outline Early Green Energy Plans
China's top state oil and gas producers - PetroChina, Sinopec Corp and CNOOC Ltd are working on the following green initiatives.
Oil&Gas Drilling
Global Oilfield Services Under Pressure from Oil Price Drop
Exploration-focused oilfield service companies will face the largest demand decline as a result of oil and gas producers cutting their capex and operating expen…
Clean emission
Royal Dutch Shell Commits To Net Zero Emissions By 2050
Royal Dutch Shell PLC, one of the world's largest oil and gas producers, on Thursday promised to become net carbon neutral by 2050 at the latest.
Oil & Gas Trade
Oil Bankruptcies Are Reaching Worrying Levels
Law firm Haynes and Boone recently released its updated Energy Bankruptcy Reports. These reports cover North American oil and gas producers, oilfield services a…
