News
Perenco Brazil’s FSO ‘sets sail to Pargo Cluster offshore Brazil
Perenco Brazil announced that the Floating Storage and Offloading (FSO) vessel, “FSO PARGO”, left Dubai and is on its way...
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Eni to invest $8 billion in two Libyan natural gas fields
Eni SpA is set to push ahead a potential investment of $8 billion in two natural gas fields in Libya,...
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Norway Plans To Offer Record 92 Oil & Gas Exploration Units
Norway on January 24 expressed that it plans to offer energy companies a record number of blocks in the Arctic...
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No New Oil-Gas Exploration Contracts On Cards In Columbia
The Colombian government has decided to forego awarding new contracts for oil and gas exploration and instead focus its financial...
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Response To UK Oil & Gas Licencing Bids Exceeds Expectations
For its most recent round of oil and gas licencing and priority blocks, those with the potential for quick development,...
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UN Condemns Energy Giants For Ignoring Science of All Things
Antonio Guterres, who happens to be the UN Secretary General, condemned the major fossil fuel players on January 18 for...
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MoU For Development of Ammonia Plants For Global Hydrogen
A memorandum of understanding has been signed between the Abu Dhabi National Oil Company (Adnoc) and Thyssenkrupp, the German engineer,...
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Indonesia Authorises $3 Billion Gas Block Development Plan
Indonesia has cleared the initial development plan for the offshore Tuna gas resource, with a total estimated commitment of $3.07...
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Despite Demand Uncertainties, Oil Price End 2022 On A High
Despite a sudden increase in US crude supplies, worries about the recession, and worries about demand because of a repeat...
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Oil Expected To Conclude Tumultuous 2022 Slightly Higher
In a year marked by limited supply because of the crisis in the Ukraine, a strong currency, and poor demand...
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