LAKE CHARLES, La. (KPLC) – A big change to how oil and gas companies do business in the Gulf.
The Biden administration plans to decrease the number of offshore oil and gas leases over the next 5 years.
On some level Colorado will always be an attractive place to do business. Our intangibles are nearly unbeatable — the weather, the incredible access to an outdoor lifestyle a healthy and thriving populace — but we’re concerned Colorado could lose some of its competitive edge if it’s perceived to be hostile to business. That’s why we hope the legislature rejects SB24-159, which would direct Colorado to stop issuing oil and gas permits by 2030
Seatrium has reached in-principle settlement agreements with the Brazilian authorities concerning “Operation Car Wash”, a probe into allegations of bribes to secure contracts in the country’s offshore energy sector.
SLB (NYSE: SLB) today announced a significant step toward fully autonomous drilling operations at Equinor’s Brazilian Peregrino C platform. SLB digital technologies for surface automation, autonomous on-bottom drilling, and directional drilling were combined to enable 99% of a 2.6-kilometer section to be drilled in autonomous control mode. Over a five-well program, a 60% increase in rate of penetration was achieved, resulting in faster well delivery while reducing cost and carbon emissions.
British supermajor Shell last week exited Iraq’s potentially game-changing US$11-billion Nebras Petrochemical Project.
Shell signed the NPP deal, having agreed to the original memorandum of understanding back in 2012.
The key problem stopping Iraq from fulfilling its potential in oil, gas, and petrochemicals, remains the widespread corruption in its oil and gas sector, among others,
Discover how Kosmos Energy defied economic uncertainties to achieve unprecedented growth in the oil industry through stringent cost controls, strategic foresight, and promising future prospects.
DALLAS and CAESAREA, Israel, Feb. 26, 2024 /PRNewswire/ — Zion Oil & Gas, Inc. (OTC: ZNOG) announces the full acceptance of its work plan by the Supervisory Committee in Israel.
Nigeria, Africa’s largest oil producer, is the second most expensive place globally to extract crude oil, BusinessDay has reported.
Tullow has entered a partnership with Innohub, a leading enterprise support organisation, to empower small and medium-scale enterprises across Ghana’s agricultural value chain.
The Institute for Energy Security (IES) and the Chamber of Petroleum Consumers (COPEC) have called on the National Petroleum Authority (NPA) to publish the list of sanctions it made against Chinese-owned Sentuo Oil Refinery.IES and COPEC raised concerns on Wednesday, February 21, 2024, about the refinery operating without theappropriate permit from the National Petroleum Authority […]