News
UK boosts energy security with 31 new oil and gas licenses
The North Sea Transition Authority (NSTA) has announced the allocation of 31 new oil and gas licenses, marking a significant...
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ConocoPhillips begins oil production from $1.2 billion Eldfisk North project in North Sea ahead of schedule
The licensees of the Eldfisk Field, operated by ConocoPhillips Skandinavia AS, announced successful first oil production on the Eldfisk North...
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bp begins oil production from major new platform offshore Azerbaijan
bp, as operator of the Azeri-Chirag-Gunashli (ACG) project announced the start-up of oil production from the new Azeri Central East...
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Aramco awards $7.7 billion contracts to add 1.5 bscfd of raw gas to Fadhili Gas Plant
Aramco, one of the world’s leading integrated energy and chemicals companies awarded engineering, procurement and construction (EPC) contracts worth $7.7...
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Kazakhstan go-ahead for Middle East player to help boost major project
Kazakhstan has stepped up efforts to secure investment from the Middle East, as the country’s oil and gas sector struggles...
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Mozambique FLNG vessel reaches production milestone
US-based Air Products said its dual mixed refrigerant LNG process technology and equipment, which has been deployed at Eni’s Coral...
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US Court Upholds The 2022 Onshore Oil & Gas Lease Sales
Western Energy Alliance won a significant victory in court on March 22, as the U.S. District Court for the District...
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The Global LNG Market May Split In Case of EU Carbon Tax
The worldwide liquefied natural gas- LNG market can very well go on to be transformed as well as potentially bifurcate...
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The US Natural Gas Export Pause Is Going To Be Short-Lived
The Biden administration has, in the week ending March 23, 2024, sought so as to reassure sceptical oil as well...
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Low Natural Gas Prices In US To Continue In 2024, Says EIA
The US Energy Information Administration- EIA anticipates that the benchmark Henry Hub spot price will average around US$2.25 per million...
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