LONDON, Feb 23 (Reuters) – Red Sea shipping delays and OPEC+ supply cuts are tightening physical oil markets in Europe and Africa as well as the Brent crude market structure, lending further support to oil […]
US LNG firm Tellurian, the developer of the Driftwood LNG project in Louisiana, said it had signed a deal to amend the terms of certain debt instruments in order to boost near-term liquidity and provide […]
Woodside Japan’s largest utility JERA has entered into an agreement with Australia’s Woodside to acquire a participation interest in the Scarborough gas field. JERA bought a 15.1% participating interest in the Scarborough gas field development […]
UK’s regulator North Sea Transition Authority (NSTA) has held a workshop on platform electrification with 11 major operators on the UK Continental Shelf (UKCS) and ten technology suppliers to discuss technical solutions to boost the […]
As the largest oil producer in the world, the health of the U.S. oil industry has a major impact on global oil markets. Despite technological gains and increased production, challenges like economic slowdowns and equipment […]
(WO) – Amidst shifting market dynamics, the oil and gas industry faced a significant quarter-on-quarter (QoQ) decline of 16% in disclosed contract volume from 1,401 in Q3 2023 to 1,172 in Q4 2023. Despite this […]
(WO) –Morgan E&P, LLC, a wholly-owned subsidiary of Equus, has completed its first two wells in Billings County, North Dakota, the Baranko 1-28H and the Obrigewitch 1-33H. Morgan received its drilling permits from the North […]
Fervo Energy is getting a lot better at drilling holes. According to data presented this week at Stanford University, it took the company 71 days to drill a geothermal well back in 2022. But last […]
Daily Standup Weekly Top Stories Biden plan will earmark millions of acres of public land for solar development February 11, 2024 Stu Turley On Jan. 17, the Biden administration unveiled a draft analysis of a plan that […]
Major energy companies awarded licences by Israel to explore for gas off Gaza’s coast have been warned that they could face legal action for possible breaches of Palestinian maritime sovereignty and war pillaging. Israel’s Ministry of Energy granted exploration rights to […]
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