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Oil & Gas
Pioneer Natural Resources to Increase Return Targets for Oil Wells
U.S. shale oil producer Pioneer Natural Resources will reshuffle its drilling portfolio next year to target wells with potentially higher returns, a move to boo
Oil & Gas
Oil Giant Schlumberger Rebrands Itself as SLB for Low-Carbon Future
Schlumberger, the world's largest oilfield services provider, is rebranding itself with a new name, color scheme and logo that underscores its ambitions for a l
Energy Economy
UK’s Lloyds Ditches Project Finance for New Oil and Gas Fields
Britain's biggest domestic bank Lloyds said on Thursday it would not support direct financing to develop new oil and gas fields, joining a small number of lende
Oil & Gas
Baker Hughes Sees Bright 2023 for U.S. Oil
Baker Hughes Co. reported third-quarter results and posted a loss, compared with a profit last year.
Energy Economy
Norway’s Equinor Considers Buying Chinese North Sea Oilfields
Reuters reported on Monday that Norway's Equinor ASA is considering buying oilfields in the British North Sea from China's CNOOC Ltd.
Oil & Gas
No Luck for Equinor and ConocoPhillips With Exploration Wells Offshore Norway
Separate wells drilled near Balder and Oseberg Ost fields
Oil & Gas
How Norway Can Expand Its Oil Industry and Reduce Emissions
Norway is aiming to cut its emissions by 55 percent from 1990 levels by the end of the decade, an ambitious target for the world’s 13th largest oil-producing n
Climate Change
Norway’s Climate Choice: Old Oil, Gas Fields Switch to Green Power or Close Early
Norway will have to phase out some of its old oil and gas fields prematurely to achieve its 2030 climate goals, unless it can use carbon-free power on more offs
Oil & Gas
China Heralds Another Major Oil Discovery
China’s state-run China Petrochemical Group, Sinopec, says it has discovered a massive oilfield in the Tarim Basin, containing 1.7 billion tons of oil reserves
Oil & Gas
First Oil Flows From North Sea Field
German oil and gas company Wintershall Dea has started production from its operated Nova oil field in the Norwegian sector of the North Sea.
Oil & Gas
Green Light From TotalEnergies for Oil Project off Angola
France-headquartered energy giant TotalEnergies has taken a final investment decision (FID) to develop an oil development project located offshore Angola.
Oil & Gas
Life Extension Granted for North Sea Field
Norway’s offshore safety regulator has granted Aker BP, a Norwegian oil and gas company, consent for a life extension for a field located in the North Sea.
Oil & Gas
Norway’s Equinor Shuts Down Three Oilfields Due to Strike
The shutdown of the Gudrun, Oseberg South and Oseberg East fields comes after the Norwegian Organisation of Manager and Executives (Lederne) trade union went on
Oil & Gas
Norway’s Equinor Sells Shares in Two North Sea Fields for over $1 Billion
Norwegian state-owned giant Equinor and its compatriot Sval Energi have entered into an agreement for the sale of Equinor’s non-operated share in two North Sea
Oil & Gas
Equinor Sells Stakes in 2 Norway Fields to Sval Energi
Norwegian oil major Equinor said on Tuesday it had agreed to sell its 7.6% stake in Norway's giant Ekofisk field as well as a 19% stake in the Martin Linge fiel
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