Oil & Gas News
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U.S. oil rig count falls as prices slide
The the number of active oil and gas rigs fell in the United States again this week according to Bak…
China says massive shale oil reserves found in north
China has found massive shale oil reserves in its northern Tianjin municipality, Chinese news agency…
Oil prices slip amid worries of surging US supply
Oil prices slipped on Friday as surging U.S. supply and concerns of global economic slowdown kept a…
Will Trump take action against OPEC?
Brent is creeping back up towards the high-$60s per barrel, prompting a scolding of OPEC by Presiden…
Saudi Aramco to discontinue fuel oil production by 2024
Saudi Arabia’s oil giant Saudi Aramco targets to stop producing fuel oil at its refineries by…
IEA: nuclear power decline could challenge energy security
The share of nuclear power generation in the global energy mix is set to decline through 2040 if the…
Surprise crude oil draw sends oil prices higher
The American Petroleum Institute (API) reported a surprise draw in crude oil inventory of 4.2 millio…
Europa Oil & Gas announces new prospect inventory for LO 16/20
Europa Oil & Gas has announced a new prospect inventory for Licensing Option (‘LO’)…
Independent Oil and Gas announces project and funding update
Independent Oil and Gas plc, the development and production company focused on becoming a substantia…
Equinor awards three 4D contracts to Shearwater GeoServices
GC Rieber Shipping ASA's 20% owned geoservices company Shearwater GeoServices ("Shearwater&…