International8 months agoGlobal oil prices dropping to $40-50 to reduce Russia’s revenues significantly – expert’s opinionWith the OPEC’s new policy, decreasing oil prices to USD 40-50 per barrel of Brent crude oil will significantly limit…
International8 months agoBW Contracts Rig for the First Drilling on the Kudu Field in 18 YearsThe Norwegian oil producer BW Energy, has contracted a rig for the drilling of the Kharas appraisal well on the…
International8 months agoSaipem and Subsea 7 sign merger deal to create offshore engineering powerhouseItalian offshore engineering and construction giant Saipem and offshore engineering and services player Subsea 7 have signed a binding merger…
International9 months agoChevron Alerts State to 575 Layoffs at Hess’ Houston OfficeChevron’s reduction reported to the Texas Workforce Commission on July 21 represents more than a third of the Hess Corp.…
International9 months agoEquinor rattled by falling oil prices and $1bn US hitNorwegian energy company Equinor saw its profits slide as it unveiled a near $1bn writedown to its wind assets in…
International9 months agoWhat could biggest oil discovery in Poland’s history mean for Europe’s energy mix?Euronews asked analysts if the huge oil and gas deposits discovered under the Baltic Sea offer Europe a chance to…
International9 months agoTullow Oil Sells Its Kenyan Assets to Gulf Energy Ltd in KSh 15.5b DealTullow Oil released a statement on Tuesday, July 22, on the sale of its assets in the South Lokichar Basins…
International9 months agoBrava Energia Brings FPSO Atlanta Up to Speed with Six Connected WellsBrazilian oil and gas company Brava Energia has connected two more wells at Atlanta field to the floating, production storage,…
International9 months agoChevron completes acquisition of hess corporationCreates premier integrated oil & gas company Combines world-class assets, people and capabilities Drives industry-leading free cash flow growth and…
International9 months agoGalp Ups Profit Target as it Eyes Oil and Gas Partner for NamibiaPortugal’s Galp Energia on Monday raised its core profit target for the full year after a better-than-expected performance in the…
