A floating storage and offloading (FSO) unit has left a shipyard where it was undergoing construction and set sail toward an oil field off the coast of Vietnam, Southeast Asia.
South African upstream oil and gas company PetroSA is investigating the possibility of restarting operations at a Mossel Bay gas-to-liquid fuel plant.
Kosmos Energy (NYSE/LSE: KOS) (“Kosmos” or the “Company”) is pleased to provide the following update on activities across its portfolio:
Tullow Oil plc (Tullow) is pleased to announce that its wholly owned subsidiary, Tullow Overseas Holdings BV (TOHBV), has agreed to increase the consideration for the shares in Tullow Kenya B.V. sold to Auron Energy E&P Limited by a further $9 million.
A Greek-owned liquefied natural gas carrier was involved in an “incident” in the Strait of Hormuz at the end of last week while exiting the waterway, the owner company said in a statement, as quoted by Reuters.
Kuwait produced 1.971 million barrels of crude oil daily in July, Reuters has reported, citing unnamed sources. That was up from 1.65 million barrels daily in June, the report noted, which in turn was up from just 580,000 barrels daily in May.
Abu Dhabi National Oil Co., the UAE’s state oil company, said it would change how it prices its crude oil grades, months after wild swings in the benchmark it has been using to underpin its sales.
Aberdeen & Grampian Chamber of Commerce (AGCC) has called on the UK government to take swift action to restore investor confidence in the North Sea following bp’s decision to market its UK upstream business for a potential sale. Russell Borthwick, the chamber’s chief executive, said bp’s announcement should serve as a “defining moment” for the country’s […]
OPEC+ approved a further 188,000-bpd production quota increase for September on Sunday, completing the planned unwinding of the voluntary output cuts introduced in 2023 while leaving room for additional supply once Middle East oil flows normalize.
Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today its financial and operating results for the second quarter of 2026. For the quarter, the Company generated net income of $185 million, or $0.31 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net […]