Oil & Gas News

Equinor to Extend Statfjord Field Life with 100 New Wells
13.01.2020
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Equinor to Extend Statfjord Field Life with 100 New Wells
Equinor and its partners in Norway’s Statfjord area have identified and approved plans to exte…
China Offers Access for Foreign Oil and Gas Explorers as Part of U.S. Trade Deal
13.01.2020
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China Offers Access for Foreign Oil and Gas Explorers as Part of U.S. Trade Deal
China said it will open up oil and gas exploration to private and foreign firms, offering further de…
Oil Buyers Fear Iraqi Supply Hit, in Spillover from Iran Crisis
08.01.2020
308
Oil Buyers Fear Iraqi Supply Hit, in Spillover from Iran Crisis
Oil buyers in Asia are increasingly wary that Iraq’s entanglement in the worsening dispute bet…
Oilfield services face crisis as shale slowdown worsens
06.01.2020
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Oilfield services face crisis as shale slowdown worsens
The first and third-largest oilfield service companies in the world saw their earnings hit in the th…
Have Oil Prices Reached An Inflection Point?
05.01.2020
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Have Oil Prices Reached An Inflection Point?
Oil prices have hit three-month highs, driven higher by the OPEC+ cuts, the U.S.-China trade de-esca…
Revealing The True Extent Of Exxon’s Natural Gas Blow Out
05.01.2020
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Revealing The True Extent Of Exxon’s Natural Gas Blow Out
A natural gas well operated by Exxon that blew out in 2018 released a lot more methane than previous…
Oil Slump to $50 Seen Triggering Rapid Decline in U.K. North Sea
04.01.2020
367
Oil Slump to $50 Seen Triggering Rapid Decline in U.K. North Sea
Oil and gas production in the U.K. North Sea could fall “briskly” if crude returns to $5…
Equatorial Guinea Expects $1.4 billion in Oil Investments in 2020
04.01.2020
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Equatorial Guinea Expects $1.4 billion in Oil Investments in 2020
Equatorial Guinea forecasts investments of at least $1.4 billion in its hydrocarbon sector next year…
Oil rises further above $62 as trade hopes support
12.11.2019
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Oil rises further above $62 as trade hopes support
Oil rose further above $62 a barrel on Tuesday, supported by hopes that U.S. President Donald Trump…
Equinor Makes Norway Oil, Gas Find of up to 100 million barrels
08.11.2019
471
Equinor Makes Norway Oil, Gas Find of up to 100 million barrels
Norwegian energy major Equinor and its partners have found oil and gas at the Echino South prospect…
Wood Group Launches Technical Consulting Solutions Unit
08.11.2019
415
Wood Group Launches Technical Consulting Solutions Unit
Wood announced the creation of a new Technical Consulting Solutions (TCS) business unit, combining i…
Shell Buys Offshore Wind Developer in Renewable Power Expansion Bid
08.11.2019
401
Shell Buys Offshore Wind Developer in Renewable Power Expansion Bid
Shell has agreed to buy French offshore wind developer Eolfi SA, continuing its expansion into renew…