HIGHLIGHTS Output seen at over 100,000 boe/d by 2024 Greater Tortue LNG will add incremental growth Strategy of expanding stakes in existing fields Kosmos Energy sees its production increasing 50% in the next two years, […]
The idea is to capture carbon dioxide and store it in old oil and gas wells under the sea. From Texas Standard: Carbon capture is one of the-up-and-coming tools to combat the gas emissions that fuel […]
Inflation in the oil sector is worsening and industry executives see no reason to expect cost pressures on everything from steel pipe to frac sand to ease any time soon. The price spiral has been […]
Big Oil is raking in historic amounts of cash, but the windfall isn’t being invested in new production to help displace Russian oil and gas. Instead, executives are rewarding shareholders — setting the world up […]
The Lithuanian LNG terminal Klaipeda LNG has received the first cargo of liquefied natural gas for Polish gas firm PGNiG. The LNG carrier Aristidis I brought a cargo of about 65,000 tonnes or 150,000 cubic metres of LNG to […]
SANDEFJORD, Norway, May 9 (Reuters) – ConocoPhillips (COP.N) submitted on Monday a plan to develop an oil discovery in the Norwegian North Sea for 10.5 billion Norwegian crowns ($1.10 billion), the first of an expected rush of […]
(Reuters) – U.S. crude exports to Europe climbed in March and April as buyers across the Atlantic snapped up the country’s light sweet grades to offset the expected loss of Russian oil, according to shipping […]
U.S. Senate Judiciary Committee approved the No Oil Producing and Exporting Cartels Act. The NOPEC bill has been on and off the table for decades. It is unclear whether the bill will be signed into […]
Enverus Intelligence Research (EIR) has introduced a new geopolitical risk measure which it says is designed to gauge oil market sentiment and understand price beyond fundamental forecasts. According to the EIR, the company can now […]
Japanese shipping company Nippon Yusen Kaisha (NYK), through its subsidiary, has signed a long-term charter contract with CNOOC Gas and Power Singapore Trading & Marketing, a group company of China National Offshore Oil Corporation (CNOOC), […]
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