Primary Vision’s Frac Spread Count, an estimate of the number of crews completing wells, rose to 214 during the week of February 28, compared to 210 in the week prior, and up from 201 at the beginning of the year. The latest data reflects the highest frac spread count this year
Three years ago, Europe suffered one of its biggest energy crises in modern history following Russia’s invasion of Ukraine.
Norwegian oil and gas operator DNO ASA has reached an agreement to acquire 100% of its compatriot and rival Sval Energi Group from European private equity firm HitecVision, the parties announced on Friday.
The United Arab Emirates’ biggest oil company is seeking to buy its first natural gas producing fields in the US to deepen its presence in the country, according to people familiar with the matter.
Shell PLC and its partners have begun producing petroleum in the Gumusut-Kakap-Geronggong-Jagus East (GKGJE) Phase 4 deepwater project on the border of Malaysia and Brunei.
Africa’s national oil companies (NOC) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players.
Turkmenistan is trying to shed its long-standing image as a hermit kingdom, at least when it comes to natural gas exports. Over the past few months, Ashgabat has gone on a deal-making binge that, over the long term, could significantly alter the European Union’s energy-import pattern.
The eight OPEC+ countries that pledged additional voluntary output reductions in 2023 have announced that they will proceed with their plan to gradually roll back the reductions.
Talks on resuming Iraqi oil flows to Turkey once again have ended in deadlock for the second time in a week despite Washington applying pressure to Iraq to resume the exports, Reuters has reported.
Gas Prices Heat Up as Europe Rushes to Refill Storage