Oil prices spiked on Friday morning as Russia announced plans to cut its oil production by 500,000 bpd in March. Oil prices had been under pressure in the second half of the week as the […]
Offshore drilling company Transocean has agreed to invest in DEME Group’s subsidiary Global Sea Mineral Resources NV (“GSR”) in exchange for a non-controlling stake in the company. GSR is the deep-sea mineral exploratory company engaged […]
Three very different but small countries in completely opposite parts of the world share the same characteristics – once they had significant gas resources, now it’s mostly gone. The daily news in the E&P sector […]
Feb 3 (Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs by the most since June 2020, energy services firm Baker Hughes Co said in its closely followed […]
HOUSTON, Feb 1 (Reuters) – U.S. energy pipeline operator Enterprise Products Partners (EPD.N) was bullish on oil production from the top U.S. shale basin, the firm said on Wednesday, predicting that international demand for U.S. oil and […]
Home Fossil Energy Beach Energy still on track for first gas from one of its major growth projects Australian oil and gas company Beach Energy is one approval shy of completing all connection activities for […]
The deep rift between Russia and the West will have lasting impacts on the global energy system and result in lower long-term demand for oil and gas, according to a closely watched annual assessment from […]
US President Joe Biden is nearing a critical decision on a massive proposed oil project in northwest Alaska that could unlock 600 million barrels of crude and has drawn the ire of environmentalists who have […]
Jan 27 (Reuters) – U.S. energy firms this week kept oil and natural gas rigs steady, energy services firm Baker Hughes Co said in its closely followed report on Friday. The oil and gas […]
Home Fossil Energy Brazilian deepwater field’s sale process winds down with total payment of nearly $2 billion Brazilian oil and gas company PRIO, formerly known as PetroRio, has paid almost $2 billion in total for […]
Copyright © 2025 | Sandstone Group