Russia claimed it damaged ground infrastructure of one of the largest natural gas storage sites in Ukraine’s Lviv region during a series of attacks on the country’s energy sector on Wednesday.
Oil surpassed $80 a barrel for the first time since August as US inventories tightened and fresh sanctions on Russia began to affect crude flows.
BP and the Iraqi government agreed the majority of commercial terms toward reviving the Kirkuk oil field on Tuesday, further progress toward a final agreement that is expected early this year.
Talos Energy Inc. (Talos) has announced that the Katmai West #2 well located in the Ewing Bank area of the U.S Gulf of Mexico successfully encountered commercial quantities of oil and natural gas.
Highwood Emissions Management has announced the launch of their Emissions Intelligence Platform (EIP), a software that streamlines complex measurement-informed methane emissions accounting and reporting for the oil and gas industry.
TGS has been awarded four 4D streamer contract acquisition projects, three in the North Sea and one in the Barents Sea, the company announced.
Among the swathe of Chinese entities last week placed by the U.S. Department of Defense (DOD) on a blacklist of firms believed to be supporting Beijing’s military were several from its energy sector. Most notable of all, perhaps, were the China National Offshore Oil Corporation’s (CNOOC) international oil trading arm and the COSCO Shipping Corporation. […]
The two-day oil price rally on Friday and Monday following the latest U.S. sanctions on Russia’s oil exports goes to show that geopolitics will continue to play a key role in oil price action and market balances this year.
Alberta Premier Danielle Smith is no shrinking violet when it comes to disagreements with the Canadian government over energy policy.
Equinor has been awarded stakes in 27 production licences on the Norwegian continental shelf, the company said on Tuesday.Equinor has been awarded stakes in 27 production licences on the Norwegian continental shelf, the company said on Tuesday.