Europe6 months agoGermany’s Oil and Gas Output Is Dwindling as Prices RiseNatural gas production in Germany has fallen about 80 percent in the past two decades even as the country seeks…
Middle East6 months agoMiddle East conflict puts up to 2 million bpd of Gulf refining capacity under threat – Rystad Energy’s Oil Market UpdateAs the Strait of Hormuz remains closed in the wake of the US-Iran military escalation, Gulf countries’ oil inventory levels…
Middle East6 months agoExxonMobil Scales Back Middle East Operations, Evacuates StaffExxon Mobil has evacuated non-essential employees from its operations in the Middle East, CEO Darren Woods said in an interview…
Middle East6 months agoSlow Depletion of Big Reserves Exposes Kuwait to Oil Demand RisksKuwait risks becoming the custodian of a vast, stranded asset if it cannot align its production pace with the closing…
Asia6 months agoSLB OneSubsea wins contract for work offshore MalaysiaPTTEP subsidiary gives deal to joint venture for Kikeh 3B’s second phase SLB OneSubsea has won a major subsea production…
Europe6 months agoN-Sea Expands Fleet with Offshore Support Vessel NewbuildN-Sea Group has entered into a long-term charter agreement with Rederij Groen for the newbuild offshore support vessel Dominus, which…
6 months agoSaudi Arabia closes key oil fields as Strait of Hormuz, oil crisis mountSaudi Arabia has reportedly begun shutting down some of its oil fields and reducing oil production in response to the…
South America6 months agoExclusive: Chevron, Shell closing in on first big oil production deals in Venezuela since US captured Maduro, sources sayInternational oil majors Chevron, opens new tab and Shell, opens new tab are closing in on the first big oil…
Europe6 months agoArcher Secures Long-Term Extension with Norwegian Oil and Gas FirmArcher has secured a three-year contract extension with a major operator on the Norwegian continental shelf under a long‑term frame…
Australia6 months agoWoodside, Pemex Start Drilling for Trion Development ProjectWoodside Energy Group Ltd and Petróleos Mexicanos have launched drilling for the Trion field, a Mexican “ultra-deepwater” development that the…
