The oil and gas industry should not be stigmatised in the climate debate and the sector has a role to play for an orderly energy transition, Reuters reported, quoting Opec leaders attending a climate event in Saudi Arabia.
The most effective way to bring Africa’s oil and gas resources to market is through a quick, efficient partnership approach – as the West African nation has proved.
The total number of active drilling rigs in the United States fell by 4 this week, after falling 7 last week, according to new data from Baker Hughes published Friday.
President Biden has once again reduced oil and gas leasing after focusing on ramping up production from exciting oilfields in the last couple of years.
Low distillate inventories in the United States have tightened the diesel market during the harvest season and ahead of the winter heating season. Diesel and heating oil supply could become even tighter and pricier if U.S. manufacturing activity returns to growth soon.
Last week, OPEC+ decided to keep current oil production cuts in effect until the end of the year.
The Ministry of Energy said on Wednesday that Islamabad was ascertaining facts after Russia’s embassy in the country tweeted that Moscow had made its first Liquefied Petroleum Gas (LPG) delivery to Pakistan.
In keeping with its commitment to local content participation in the oil and gas sector, Tullow has partnered with the Upstream Petroleum Business Academy of the Petroleum Commission (PC), to deliver training to local suppliers in Ghana.
The British government approved the development of a huge oil and gas field in the North Sea Wednesday, sealing its commitment to keep producing fossil fuels for decades to come.
Egypt has awarded four exploration areas to international oil companies just as the North African nation unveiled a new licensing competition.