Portuguese oil and gas company Galp has announced the discovery of light oil at the Mopane-1X well offshore Namibia, bringing the total number of oil and gas discoveries to six since 2022. Namibia has reached […]
Russia was on pace for a second year of record oil drilling in 2023, further evidence of the nation’s resilience to Western sanctions. The boom in activity came alongside a recovery in both the volume and value […]
The following content is sponsored by the EnergyX Will Direct Lithium Extraction Disrupt the $90B Lithium Market? Current lithium extraction and refinement methods are outdated, often harmful to the environment, and ultimately inefficient. So much […]
Oil Price Shale tycoon Harold Hamm and U.S. and European supermajors are looking to support university courses in petroleum engineering and related disciplines in a bid to attract young talent to the industry that’s not […]
Daily Standup Top Stories Standard Chartered: Oil Demand Growth To Remain Robust In 2024 And 2025 January 8, 2024 Mariel Alumit Standard Chartered have predicted that oil demand growth in the current year will clock in […]
Daily Standup Top Stories A Natural Gas Plant Guarding US Northeast From Winter Blackouts Is at Risk – Consumers at mortal risk January 7, 2024 Stu Turley (Bloomberg) — A natural gas terminal that’s been operating […]
Defying earlier expectations of slowing growth, U.S. crude oil production has surged this year to extend America’s lead at the top of the ranking of the world’s biggest oil producers. In September, U.S. oil output […]
Takeover chatter dominated trading rooms as speculation swirled that BP could be a target this year amid chaos at the oil giant. Rumours that rival energy major Shell could be a candidate for a mega-merger with […]
Southwestern Energy SWN 7.34%increase; green up pointing triangle and Chesapeake Energy CHK 2.91%increase; green up pointing triangle are close to a merger that would create a roughly $17 billion company ranking as one of the largest natural-gas producers in the U.S. […]
Exxon estimated taking a $2.4 billion to $2.6 billion impairment to oil and gas properties along the Southern California coast. Sable Offshore, a company created in 2020, agreed more than a year ago to pay […]
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