A billion here and a billion there properly spent is going to make a cost difference for the corporate breakeven. Then there is a billion here (on low-cost assets) followed by a billion there of […]
Home Fossil Energy Norwegian oil & gas firm gets the go-ahead to spud North Sea prospect Norwegian oil and gas company DNO has received consent from the country’s offshore safety regulator for exploration drilling in […]
Baker Hughes’ international rig count report shows that the number of offshore rigs was on the rise in March 2023, surging upward by 6 units, compared to the month before. The total number of international […]
Norwegian oil and gas player Aker BP has secured a drilling permit from the country’s authorities for an exploration well in the Norwegian Sea. The drilling work is expected to be carried out using one […]
OPEC’s surprise decision to slash oil production stands to enrich an unexpected cohort: US shale drillers. The shock announcement sent US oil prices up by as much as $6 a barrel, signaling a new round […]
Prospects for Shell stock and other oil majors look good as Russia’s war in Ukraine crimps global energy supplies. One important metric to look for in a stock is an 80 or higher Relative Strength […]
Back to overview Home Fossil Energy Giant Black Sea project weeks away from first gas Premium April 3, 2023, by Melisa Cavcic Türkiye’s government and its national oil and gas company Türkiye Petrolleri A.O. (TPAO) […]
Ovintiv Inc. is nearing a deal to acquire oil and gas assets in the Midland Basin from private equity firm EnCap Investments, according to people with knowledge of the matter.An agreement could be announced as […]
OPEC+ announced a surprise oil production cut of more than 1 million barrels a day, abandoning previous assurances that it would hold supply steady and posing a new risk for the global economy. It’s a significant […]
Russia has decided to keep its oil production at a reduced level through 2023 amid high volatility in the global market, said Deputy Prime Minister Alexander Novak.Russia had previously pledged to cut its crude-only output […]
Copyright © 2025 | Sandstone Group