Oil & Gas News

U.S. projects higher oil output in 2022 from rebounding shale
14.01.2021
186
U.S. projects higher oil output in 2022 from rebounding shale
The U.S. government is forecasting oil production to rise about 3.5% next year spurred by higher cru…
Turkey and Greece to meet over Mediterranean energy disputes
14.01.2021
141
Turkey and Greece to meet over Mediterranean energy disputes
Turkey and Greece will sit down to try to tackle differences over maritime boundaries and offshore e…
Coretrax saves 14 days rig time offshore Norway with expandable drilling liner
13.01.2021
60
Coretrax saves 14 days rig time offshore Norway with expandable drilling liner
Coretrax has marked a significant milestone with the first deployment of its expandable liner techno…
Saudis raise oil prices for U.S., Asian shipments after output cut
08.01.2021
218
Saudis raise oil prices for U.S., Asian shipments after output cut
Saudi Arabia raised pricing for oil customers in Asia and the U.S. after its shock move this week to…
Texas oil and gas regulator exceeds well site inspection goals
08.01.2021
245
Texas oil and gas regulator exceeds well site inspection goals
In 2018, the Railroad Commission began work toward the ambitious goal of inspecting every one of the…
How U.S. shale exports forever changed global oil markets
08.01.2021
90
How U.S. shale exports forever changed global oil markets
Five years ago on New Year’s Eve, the Theo T left the Texas Gulf Coast with the first U.S. sha…
Oil passes $55 on hopes for more U.S. stimulus spending
08.01.2021
84
Oil passes $55 on hopes for more U.S. stimulus spending
Brent oil climbed to near $55 a barrel as Saudi Arabia’s unilateral output cut eased over-supp…
Petrobras matched Kuwait’s oil production in 2020
08.01.2021
71
Petrobras matched Kuwait’s oil production in 2020
Petrobras wrapped up 2020 with record oil production just as most of its peers reeled from the worst…
ADNOC and TOTAL deliver first unconventional gas from the UAE
15.11.2020
435
ADNOC and TOTAL deliver first unconventional gas from the UAE
ADNOC and TOTAL, announced the delivery of the first unconventional gas from the United Arab Emirate…
ConocoPhillips tallies significant gas discovery offshore Norway
15.11.2020
393
ConocoPhillips tallies significant gas discovery offshore Norway
ConocoPhillips announced a new gas condensate discovery in production license 1009 located 22 miles…
OPEC+ explores a three to six month delay on oil output hikes
15.11.2020
323
OPEC+ explores a three to six month delay on oil output hikes
Talks between OPEC and its allies are zeroing in on a delay to next year’s planned oil-output…
Oil prices fall for second day as virus case count surges
15.11.2020
296
Oil prices fall for second day as virus case count surges
Oil fell for a second day -- dropping below $41 a barrel in New York -- as the ongoing spread of cor…