News
Talos signs $1.1bn deal to acquire US Gulf of Mexico oil producer EnVen
Talos Energy has agreed to acquire EnVen Energy, a US-based private operator in the deepwater US Gulf of Mexico, in...
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OMV to drill sidetrack and perform well test after confirming gas and condensate in North Sea well
Austria’s oil and gas company OMV has confirmed a gas-condensate discovery at its Oswig exploration well located in the North...
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UAE accelerates plan to increase its oil production capacity
The United Arab Emirates is accelerating a plan to raise its oil production capacity, according to people familiar with the...
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INEOS and partners approved to develop Solsort field offshore Denmark
INEOS and its partners in the Solsort Unit, Danoil and Nordsøfonden, have agreed on Final Investment Decision regarding the development...
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Allseas lands major Mexico pipelay contract
Allseas has been awarded a substantial construction contract by TC Energy for a major offshore pipeline delivering natural gas to...
Read moreOil Demand Rises In China As Refiners Ramp Up Production
In anticipation of greater demand and a potential increase in fourth-quarter gasoline exports, at least three Chinese state-run oil refineries...
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Time To Tell If New Energy Policies Are Effective In Europe
Another historic week has passed for the European energy markets, with policymakers taking the lead in defending consumers and companies...
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Concerns Over A Supply Shortage Drive Higher Oil Prices
On September 13th, tumultuous trading saw oil prices rise as concerns over limited fuel supply ahead of the winter season...
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Iran Eyes Russia-Sized Vacuum In The European Oil Market
If Iran is able to reach an agreement with global powers over its nuclear programme, it will attempt to fill...
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Texas To Plug 800 Oil And Gas Wells With $25mn Federal Grant
The state's oil and gas department announced that Texas will start capping around 800 abandoned oil and gas wells this...
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