Oil & Gas News

Is China headed to peak oil demand?
14.02.2021
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Is China headed to peak oil demand?
The world's top oil importer, China, could be just years away from its own peak in domestic dema…
Oil price’s record climb continues on falling global crude inventories
10.02.2021
955
Oil price’s record climb continues on falling global crude inventories
Oil rose again to extend the longest run of gains in two years with an industry report showing falli…
LLOG strikes deal with Eni and Marubeni for deepwater Mississippi Canyon tieback
10.02.2021
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LLOG strikes deal with Eni and Marubeni for deepwater Mississippi Canyon tieback
LLOG Exploration Offshore and Eni S.p.A. announced the signing of an Infrastructure Agreement in the…
Abu Dhabi grants Japan’s Cosmo offshore oil exploration rights
10.02.2021
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Abu Dhabi grants Japan’s Cosmo offshore oil exploration rights
Abu Dhabi awarded Japan’s Cosmo Energy Holdings Co. the right to explore for offshore oil and…
Equinor sells Bakken shale assets to Grayson Mill Energy
10.02.2021
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Equinor sells Bakken shale assets to Grayson Mill Energy
Equinor has agreed to divest its interests in the Bakken field in the US states of North Dakota and…
U.S. projects higher oil output in 2022 from rebounding shale
14.01.2021
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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
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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
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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
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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
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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
603
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
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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…
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