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Policy & Regulation
Liz Truss Resigns, Becomes the Shortest Serving Prime Minister in History
New UK PM Liz Truss, the former oil economist for Shell, tendered her resignation on Thursday, just days after putting forward a budget that wreaked havoc in th
Oil & Gas
UK Launches Licensing Round for New Oil and Gas Projects
Nearly 898 blocks and part blocks could potentially be developed under the new awarded licenses
Oil & Gas
‘New North Sea Oil and Gas Projects at Odds with UK Climate Goals’
New oil and gas fields cannot alleviate the financial pressure caused by rising energy bills, according to a report
Oil & Gas
BP, Chevron Cut Offshore Oil Production Ahead of Hurricane Ian
BP Plc and Chevron Corp on Monday said they have shut-in production at offshore oil platforms in the Gulf of Mexico, as a powerful Hurricane Ian bore down on th
Policy & Regulation
US Offshore Regulator Seeks to Strengthen Well Control Rules
Proposed changes include altering several adjustments made during the Trump administration
Oil & Gas
No Luck for Equinor and ConocoPhillips With Exploration Wells Offshore Norway
Separate wells drilled near Balder and Oseberg Ost fields
Oil & Gas
Adnoc and Eni Evaluate ‘Fast Track’ Development Options for Sizeable Offshore Discovery
Project centres around leveraging other schemes currently being developed in Abu Dhabi as well as utilising existing Adnoc facilities
Energy Economy
New UK Prime Minister Opposes Windfall Tax on Energy Companies
UK's new Prime Minister Liz Truss said she was against the windfall tax on oil and gas companies operating in the UK.
Energy Economy
Four Global Companies Shortlisted for $2BN Petrochemicals Complex in Egypt
Anchorage Investments has selected Hyundai, Samsung, Technip Energies and Tecnicas Reunidas to compete to be the main contractor for Ain Sokhna project
Oil & Gas
Australia’s BPH Energy Explores Legal Avenues Over Project Permit
Australia's BPH Energy Ltd said on Tuesday it was conducting a review of options, including potential for legal avenues, after reports said former Prime Ministe
Oil & Gas
Shell: UK North Sea Needs Investments in New Oil and Gas Projects
The UK North Sea oil and gas sector needs more investments in new developments as Britain will need domestic fossil fuel resources, Shell’s UK head of upstream
Oil & Gas
China’s First Self-Developed Shallow-Water Subsea Xmas Tree System Successfully Put Into Use
China's first self-developed shallow-water subsea Xmas tree system was successfully put into operation in the Jinzhou waters of the Bohai Sea, China National Of
Oil & Gas
Biden: “Exxon Made More Money Than God This Year”
The US President has slammed the oil sector over huge profits amid the energy crisis.
Oil & Gas
Aussie Giant Gas Probe Under Way
Australian independent Western Gas has spudded one of the nation’s most keenly anticipated offshore wildcats of 2022.
Oil & Gas
Shell, BP Strike US Gulf Deal Ahead of Planned Drilling
Shell and BP have finalized an exchange of acreage in the deepwater Gulf of Mexico ahead of planned drilling in the greater Mars Basin, one of the region’s mos
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Pemex Deer Park, Texas, Refinery Reports Spill Into Houston Ship Channel
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China's Bohai Oilfield Completes Drilling of 6,088-Meter Well
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Gulf of Thailand Development Starts Producing Oil
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State Companies Plan to Extract 15 Cubic Meters of Gas and Two Million Tons of Oil This Year and Have Launched Seven New Gas Wells.
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MHI Selected as Technology Licensor for EET Industrial Carbon Capture Targeting UK's First Low Carbon Refinery
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Nostra Terra Gives Update On Its Texas Oil And Gas Production, Operations
