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Turkey Halts Oil Flows to Mediterranean Port After Quake
Monday, February 06, 2023The 7.7-magnitude earthquake struck the Turkish city of Gaziantep.

Fed Will Be One Of The Leading Oil Price Drivers in 2023
Monday, February 06, 2023The Federal Reserve will be one of the leading oil price drivers this year, according to Stephen Brennock, an oil analyst at PVM Oil Associates.

Signs of Progress at Freeport LNG
Monday, February 06, 2023There were 'signs of progress' at Freeport LNG in the week commencing January 23, Rystad Energy outlined.

Next Steps Following US Pacific Wind Leasing Round
Monday, February 06, 2023California held its first offshore wind leasing round in December, but prices paid in the round came nowhere close to the New York Bight lease round.

Modi Says India Can Add Oil and Gas While It Chases Green Goal
Monday, February 06, 2023India is planning for an expansion of its oil and gas sectors even as it aims to hit net-zero by 2070.

US Oilfield Services Firms Money Policy Could Hinder Industry Growth
Monday, February 06, 2023Like E&Ps, oilfield services firms are prioritizing cash generation and distributions to shareholders creating a constraint on the industry's growth.

Oil Market Is In A State of Flux
Monday, February 06, 2023One of Rigzone's regular energy prognosticators takes a look at U.S. Energy Information Administration data, trader reaction, and what's needed to get Brent to the $90 mark.

Australian Budget Must Focus On New Gas Supply, Industry Says
Monday, February 06, 2023Australia's oil and gas industry has urged the Federal Government to use the 2023-24 Budget to encourage investment in new gas supply and emissions reduction measures.

Plenitude Starts Production From Texas Solar Project
Monday, February 06, 2023Plenitude began production at the 263 MW Golden Buckle Solar Project in Brazoria County, Texas, USA.

Jumbo Completes Installation Works For Technip FMC
Monday, February 06, 2023Jumbo Offshore has completed the transportation and wet storage of a riser caisson for Technip FMC.

Woodside To Pick Development Concept For Timor-Leste Gas Project
Monday, February 06, 2023Woodside Energy and its partners have agreed to quickly begin a concept select program for the Greater Sunrise natural gas project off Timor-Leste.

USA Drops Rigs
Monday, February 06, 2023The U.S. dropped 12 rigs week on week.

Fate Of $8Bn Alaska Oil Project To Be Resolved In Next 30 Days
Friday, February 03, 2023Climate activists have one final, brief window of opportunity to quash ConocoPhillips' proposed $8 billion oil development in Alaska.

Shell CEO Says World 'Desperately In Need' Of Natural Gas
Friday, February 03, 2023Shell natural gas business can grow after record profits in 2022, as the global thirst for the fuel shows no signs of slowing, said CEO Wael Sawan.

Gov't Tampering Puts Australian Gas Market In Unenviable Position
Friday, February 03, 2023Gas prices in Australia already spiked 400 percent above normal levels in 2022, and this year's winter is just around the corner.

Texas Power Outages Increase As Ice Storm Persists
Friday, February 03, 2023Texas will face a fourth day grappling through an ice storm that has caused power outages, grounded flights, and triggered deadly accidents on slippery roads.

NSTA's Energy Pathfinder Proving Its Worth
Friday, February 03, 2023Energy Pathfinder continues to bring business opportunities in the North Sea closer to the growing base of subscribers.

Capricorn Reshapes Its Board of Directors
Friday, February 03, 2023Capricorn energy has made a raft of new appointments to its board of directors following the company's General Meeting.

TotalEnergies, Air Liquide To Make Heavy-Duty Hydrogen Stations
Friday, February 03, 2023TotalEnergies and Air Liquide created a joint venture to develop a network of hydrogen stations for European heavy-duty vehicles.

Rovco Gets New Head Of Geoscience
Friday, February 03, 2023Rovco has strengthened its senior leadership team with the appointment of Graham Bell as Head of Geoscience.

Shell's Record Earnings Draw Angry Reactions
Friday, February 03, 2023Shell's highest earnings in its 115-year history announced in the 2022 financial report have drawn the ire of politicians, unions, policy analysts, and the public.

Oil And Gas Firms Need To Accelerate Shift To Low Carbon Energy
Friday, February 03, 2023OEUK urges the oil and gas industry to do more on helping create the UK's low-carbon future energy systems.

OPEC+ Exports Show Russia Surges While Saudi Arabia Dials Back
Friday, February 03, 2023Russia's oil industry may be coming under increasingly intense international pressure, but its seaborne exports are far from retreating.

Stock Buybacks Race To Record $132 Billion Start
Friday, February 03, 2023In the first month of 2023, announced buybacks more than tripled to $132Bn from a year ago, reaching the highest total ever to start a year.

Oil Posts Second Weekly Loss as Stockpiles Swell
Friday, February 03, 2023Oil tumbled to the lowest levels since early January as long-term headwinds overwhelmed the positive sentiment from a strong US jobs report.

Shell Posts Record 2022 Profit
Thursday, February 02, 2023Shell's integrated gas unit was firing on all cylinders in the final quarter.

Maritime Security Report Shows Incident Trends Down YoY
Thursday, February 02, 2023'West Africa continues to represent the most significant and persistent decline in incidents'.

Energy Services Sector Will Grow To $1 trillion In 2025
Thursday, February 02, 2023The global market for oil and gas contractors to rise to a peak of $1 trillion in 2025 and remain at high levels for several years thereafter.

Big Oil Shareholders Biggest 2022 Winners With Massive Payouts
Thursday, February 02, 2023For every $1 extra operating cash flow in the first nine months of 2022, $0.44 went on dividends and share buy-backs.

Decom Engineering Starts Year 2023 With New Projects
Thursday, February 02, 2023Decom Engineering has secured a number of contracts at the start of 2023.

GES And GPS Merge Into Global Energy Storage Group
Thursday, February 02, 2023GES has combined its business with GPS, creating a major player in the energy storage sector named Global Energy Storage Groups.

Keppel O&M To Deliver Guyana's Third FPSO To SBM Offshore
Thursday, February 02, 2023Keppel Offshore & Marine is on track to deliver the third Guyana FPSO to SBM Offshore in the first quarter of 2023.

Will A New Iran Nuclear Deal Be Agreed to in 2023?
Thursday, February 02, 2023PVM Oil Associates and Fitch Solutions Country Risk & Industry Research focus on the Iran nuclear deal.

NSTA Creates Oversee Team For Carbon Storage Developments
Thursday, February 02, 2023The NSTA has responded to the rapid growth of the UK's CCS industry by setting up a dedicated carbon transportation and storage team.

New SPR Bill Passes House
Thursday, February 02, 2023The H.R.21 bill still needs to pass the Senate and go to the President to become law.

Westwood: Several Macroeconomic Factors Make 2023 Unpredictable
Thursday, February 02, 2023Economic recession, the weather, the war in Ukraine, and the Covid pandemic in China are the key macroeconomic factors weighing on oil and gas markets in 2023.

TC Energy Pipe to LNG Site Sees Costs Soar to $10.9B
Thursday, February 02, 2023The price tag for TC Energy Corp.'s Coastal GasLink project has jumped.

ADNOC Signs Deals With 23 Firms Worth $4.6 Billion
Thursday, February 02, 2023ADNOC has signed agreements with 23 companies for local manufacturing opportunities across a wide range of critical industrial products worth $4.63Bn.

Winter Storm Mara Update
Thursday, February 02, 2023'Natural gas supply is holding strong'.

NNPC Signs $741MM Refinery Deal with Daewoo
Thursday, February 02, 2023Nigeria's state energy company struck a $741 million deal with Daewoo Engineering & Construction Co. Ltd.

Oil Struggles as Growth Stocks Excel
Thursday, February 02, 2023Oil struggled to find a bid after the Federal Reserve's recent comments spurred traders to shun energy and pour money into interest-rate sensitive stocks.

Exxon Beats Earnings Record With With Massive $56 Billion
Wednesday, February 01, 2023ExxonMobil has announced fourth-quarter 2022 earnings of $12.8Bn, resulting in full-year earnings of $55.7Bn making it a record year for the company.

Biden To Support ConocoPhillips Alaska Oil Project, Defying Greens
Wednesday, February 01, 2023Washington is on track to telegraph support for a scaled-back drilling plan at ConocoPhillips' proposed Willow project in northwest Alaska.

Cnooc's $3Bn UK Portfolio Sale Has Stalled Over Valuation Gap
Wednesday, February 01, 2023Cnooc has paused a planned sale of its UK North Sea portfolio, which could have been valued at as much as $3Bn.

Russian Refinery Products Will Flow In 2023 Despite EU Price Cap
Wednesday, February 01, 2023EU's proposed price cap on Russian diesel, jet fuel, and gasoline as well as a cap on discounted products like fuel oil, will not severely impact Russian refiners.

European Union Debuts First-Ever Carbon Border Tax
Wednesday, February 01, 2023In December 2022, the EU reached a provisional agreement on a first-of-its-kind Carbon Border Adjustment Mechanism.

OPEC+ Keeps Output Steady Amid China and Russia Uncertainty
Wednesday, February 01, 2023An OPEC+ committee recommended keeping crude production steady, delegates said, as the oil market awaits clarity on demand in China and supplies from Russia,

Samsung Engineering Posts Highest Financial Figures Since 2012
Wednesday, February 01, 2023Samsung Engineering has ended the year 2022 on a high, posting the highest figures since 2012.

Technip Energies Scores FEED Work On Exxon's Hydrogen Project
Wednesday, February 01, 2023Technip Energies have been hired to complete the FEED for ExxonMobil,s hydrogen project in Baytown, Texas, in the United States.

US DOE Provides Funds For Affordable Clean Hydrogen Technologies
Wednesday, February 01, 2023The U.S. Department of Energy has announced up to $47M in funding to accelerate RD&D of affordable clean hydrogen technologies.

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