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Oil & Gas Supply
Shell Plays Down Risk of Stranded Oil and Gas Reserves
Royal Dutch Shell said on Thursday the majority of its oil and gas reserves will be produced by 2050, playing down the risk of stranded assets as it prepares to…
Oil Exploration
Jordan to Allow Exploration in Nine Hydrocarbon Blocks, Energy Minister Says
The kingdom imports more than 90 per cent of its energy needs and is looking to diversify its mix
Oil Exploration
Eni’s Latest Oil Discovery Could Be Big For Angola
Italian firm Eni has made a new light oil discovery off the coast of Angola after exploration activities recommenced following a year of pandemic restrictions.
Oil Field
Southeast Asia Looks To Increase Offshore Oil Production
Malaysia and Brunei have signed an agreement to develop two offshore oil fields on the maritime boundary, with greater exploration of recent ultra-deepwater dis…
Oil Exploration
Eni Announces a New Light Oil Discovery in Block 15/06, Offshore Angola, Through “ILX” Exploration Strategy
Eni has made a new light oil discovery in Block 15/06, in Angola’s deep offshore.
Crude Oil
Santos Restarts Production from Offshore Field Trio
Australian energy giant Santos has restarted production from the Ningaloo Vision FPSO following scheduled maintenance in Singapore.
Oil Exploration
Qatar Petroleum Joins Guyana’s Offshore Project
State-owned Qatar Petroleum has formally joined Guyana's highly prospective offshore oil projects with the government's approval of its farm-in to two blocks, n…
LNG
Petronas Partners China National Offshore Oil Corp for Cleaner Energy Solutions
Malaysia's Petroliam Nasional Bhd has signed a Memorandum of Understanding with China National Offshore Oil Corporation to pursue cleaner energy solutions throu…
Oil Exploration
Adani Welspun makes Gas Discovery of ‘Substantial Significance’ off India
Adani Welspun Exploration Ltd., a joint venture between the Adani Group and Welspun Enterprises, has made a first-ever gas discovery in the NELP-VII block locat…
Oil&Gas Drilling
Santos’ New Authority to Prospect for Gas will Benefit CQ
Natural gas continues to lead the state's COVID economic recovery with Queenslands onshore gas industry contributing $70 billion annually and the green light gi…
Oil Field
Eni Through Var Energi Announces New Oil Discovery Offshore Norway
Eni through Var Energi, jointly owned by Eni and by HitecVision (30.15%) announces a new oil discovery in production licence PL532 in the Barents Sea
Oil Exploration
Adnoc and Petronas Agree to Explore Oil and Gas Opportunities in Abu Dhabi
The two state oil companies will look at exploration and production possibilities in the emirate
Oil Exploration
Seven Oil Players Apply for Production Licences off Norway
Seven oil and gas companies have applied for production licences in the 25th licensing round on the Norwegian shelf, Norway’s Ministry of Petroleum and Energy …
Oil&Gas Drilling
Petronas Hits Oil Offshore Indonesia
Malaysian energy giant Petronas has made an oil discovery at the Hidayah-1 exploration well, located within the North Madura II Production Sharing Contract, off…
Oil Exploration
Shell Delays US Offshore Production Start ups
Shell has delayed the startup of the PowerNap and Vito deepwater projects in the US Gulf of Mexico because of Covid-19-related issues.
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