Enverus, an energy data analytics and SaaS technology company, is releasing its summary of Q1 2022 M&A activity. As the M&A market marched into the new year, $14 billion in deals were announced during the […]
SAO PAULO: Brazil on Wednesday granted 59 exploratory blocks of oil and natural gas to 13 companies, including Shell, TotalEnergies and 3R Petroleum. The auction totaled 422.4 million reais ($90.10 million) in signature bonus, registering […]
Greece plans to step up efforts to explore for natural gas in an attempt to reduce its 40-percent reliance on Russian gas, Greek Prime Minister Kyriakos Mitsotakis said on Tuesday. “Accelerating the exploitation of the country’s national […]
Environmental, Social, and Governance criteria — truncated as ESG — is a doctrine sweeping through America’s corporations, and statements at a gathering of fossil fuel executives show it’s reached Texas’ vaunted oil and gas industry, […]
The Energy Information Administration on Tuesday lowered its average global petroleum and liquid fuels consumption forecast for 2022 to 99.8 million barrels per day from the previous forecast of 100.6 million barrels a day. For […]
Lamprell has entered into a Memorandum of Understanding (MoU) with NOV, a leading energy services company, to support its delivery of three 1 gigawatt (GW) offshore floating wind farms for Cerulean Winds, the UK-based floating […]
(Bloomberg) — Murphy Oil Corp. has begun producing oil from a new deepwater Gulf of Mexico project, months ahead of schedule. The offshore and shale oil producer on Tuesday said its King’s Quay floating production […]
KYIV, Ukraine — DTEK CEO Maxim Timchenko gave a press briefing on April 7, discussing Ukraine’s energy security, as well as efforts to replace Russian supplies. Much of the talk centered around generating electricity and […]
Bloomberg) — Questioned by U.S. lawmakers this week, chief executives from the nation’s biggest oil companies took great pains to explain why they haven’t raised production fast enough to tame skyrocketing energy prices. For Shell […]
U.S. President Joe Biden outlined a series of steps the White House is taking to reduce high prices at the pump. The U.S. President called on Congress on Thursday to make American oil companies pay […]
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