Oil & Gas News

Shell and Baker Hughes to collaborate on energy transition, net-zero emissions solutions
16.11.2021
134
Shell and Baker Hughes to collaborate on energy transition, net-zero emissions solutions
Shell Global Solutions and Baker Hughes have signed a broad strategic collaboration agreement to acc…
Europe’s first winter cold spell already straining natural gas supplies
16.11.2021
107
Europe’s first winter cold spell already straining natural gas supplies
Europe is set to get its first cold spell of the winter season, putting the continent’s alread…
Shell moves HQ to Britain, drops “Royal Dutch” from its name
16.11.2021
105
Shell moves HQ to Britain, drops “Royal Dutch” from its name
Royal Dutch Shell Plc announced a major overhaul of its legal and tax structure that will see the co…
World’s top coal users will still use coal despite COP26 pledge
06.11.2021
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World’s top coal users will still use coal despite COP26 pledge
The UK, Germany, Italy, South Korea, and Indonesia are among the 40 countries that signed a pledge t…
Equinor increases gas exports, sacrificing some oil output
29.10.2021
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Equinor increases gas exports, sacrificing some oil output
Equinor ASA is boosting natural gas exports to ease Europe’s supply crunch, sacrificing some o…
Phillips 66 to buy rest of pipeline unit for $3.4 billion
29.10.2021
261
Phillips 66 to buy rest of pipeline unit for $3.4 billion
U.S. refiner Phillips 66 agreed to buy the rest of its pipeline affiliate that it doesn’t alre…
Oil prices slide as U.S. instructs crude producers to increase output
29.10.2021
291
Oil prices slide as U.S. instructs crude producers to increase output
Oil fell for a second day as one of the top energy diplomats in the U.S. urged producers to hike out…
Pemex oil output rises as new wells offset recent accidents
29.10.2021
167
Pemex oil output rises as new wells offset recent accidents
Petroleos Mexicanos reported a small increase in third-quarter production after adding new wells, wh…
Saudis express ‘huge concern’ over falling global oil supply capacity
29.10.2021
177
Saudis express ‘huge concern’ over falling global oil supply capacity
Saudi Aramco said oil-output capacity across the world is dropping quickly and companies need to inv…
Oil prices may hit $100 this winter
02.10.2021
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Oil prices may hit $100 this winter
The global energy crunch could help propel oil prices above $100 a barrel for the first time since 2…
China releases oil from strategic reserves as energy costs surge
11.09.2021
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China releases oil from strategic reserves as energy costs surge
China made an unprecedented intervention in the global oil market, releasing crude from its strategi…
Aramco may open $110B gas project to foreign investors
11.09.2021
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Aramco may open $110B gas project to foreign investors
Saudi Aramco is considering a bold move to open up one of the world’s largest unconventional g…