Oil & Gas News

Britain surpasses major energy landmark
10.06.2020
150
Britain surpasses major energy landmark
Britain just passed a significant landmark — at midnight on Wednesday, it had gone two full mo…
BP to dismiss 10,000 employees as part of carbon reduction plan
09.06.2020
743
BP to dismiss 10,000 employees as part of carbon reduction plan
BP Plc plans to cut 10,000 jobs as the coronavirus pandemic accelerates the company’s move to…
Small shale companies are big winners in the post-OPEC+ market
09.06.2020
427
Small shale companies are big winners in the post-OPEC+ market
Small shale producers and offshore drillers are among stocks soaring after the wider OPEC+ group agr…
Weatherford C-suite leaders step up as McCollum leaves the company
08.06.2020
436
Weatherford C-suite leaders step up as McCollum leaves the company
Weatherford International announced that Mark A. McCollum, President, CEO and a director, has left t…
Oil prices stumble as Saudis set end date for new OPEC+ cuts
08.06.2020
539
Oil prices stumble as Saudis set end date for new OPEC+ cuts
Oil traded near $42 a barrel in London after OPEC and its allies agreed to extend historic output cu…
Oil prices rise as OPEC+ plans to extend production cuts
06.06.2020
398
Oil prices rise as OPEC+ plans to extend production cuts
Oil headed for a sixth weekly gain after OPEC+ reached a tentative agreement to prolong its record p…
Aker Energy commits to making the Pecan field offshore Ghana a success
06.06.2020
151
Aker Energy commits to making the Pecan field offshore Ghana a success
Aker Energy Ghana Limited (“Aker Energy”) reaffirms its commitment to finding a solution…
Weatherford introduces Velox Wellhead System
06.06.2020
332
Weatherford introduces Velox Wellhead System
Weatherford International introduced the Velox™ wellhead system, a best-in-industry solution f…
Tullow Oil suspends Kenyan oil-export program
06.06.2020
377
Tullow Oil suspends Kenyan oil-export program
Tullow Oil’s export and testing of Kenya’s crude under a pilot plan ended June 2, as tim…
Oil piled up in storage worldwide will be OPEC’s next challenge
01.06.2020
620
Oil piled up in storage worldwide will be OPEC’s next challenge
While OPEC has helped global oil markets recover from the coronavirus crisis, the cartel will soon f…
Qatar signs $20B vessel contract to cement LNG leadership role
01.06.2020
155
Qatar signs $20B vessel contract to cement LNG leadership role
Qatar has signed a deal worth around $20 billion with South Korean shipbuilders to help cement its p…
Shell offers staff voluntary severance pay
22.05.2020
205
Shell offers staff voluntary severance pay
As the price of a Brent barrel is trading at nearly half of what it was at the beginning of the year…
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