Several top energy executives were dropped from the schedule of the WPC Energy Congress in Riyadh, as Saudi authorities pressed ahead with the event despite deadly attacks on the capital claimed by Yemen's Iran-aligned Houthis.The chief executives of ExxonMobil…
US producers in the Gulf of Mexico shut in about 1.3 million barrels per day of oil production and 1.1 billion cubic feet per day of natural gas as Hurricane Isaias blew through the corridor ahead of an expected landfall somewhere between southern Alabama and the Florida Panhandle later this week…
Subsea Equipment specialists Legasea have launched a new basket rental service for decommissioning and seabed clearance projects, offering credit against rental costs when recovered equipment can be reused.The service uses a fleet of five subsea baskets…
Brazil awarded 56 oil and gas exploration blocks in two licensing rounds held on October 7, with Petrobras, Equinor, QatarEnergy, Galp and Chinese energy companies among the successful bidders, according to the country's National Agency of Petroleum…
Oil prices settled lower on Wednesday following a choppy session after the International Energy Agency agreed to speed up a release of oil stocks and prioritize diesel in a bid to curb record-high fuel prices as the Iran war squeezes global supplies…
The US Environmental Protection Agency said on Wednesday it would soon propose scrapping a Biden-era rule aimed at curbing large leaks of methane from oil and gas operations.The move is part of a broad Trump administration effort to slash regulations…
Equinor and its partners have made a gas discovery at the Gullfaks South field in the Norwegian North Sea, with estimated recoverable resources of between 3.3 million and 10.3 million barrels of oil equivalent (boe).The discovery, located about 190 kilometers northwest of Bergen…
Nigeria has launched its 2026 oil and gas licensing round, offering 40 blocks spanning onshore, shallow-water and deepwater areas as the country seeks new investment and higher production.Nigerian Upstream Petroleum Regulatory Commission (NUPRC)…
The cost of Aker BP's major ongoing oil and gas development projects, Yggdrasil and Valhall-Fenris, has risen by 9.8% and 23%, respectively, from nominal estimates a year ago, data from the government's fiscal budget showed on Wednesday.The…
Chevron and the Egyptian Natural Gas Holding Company (EGAS) have signed an agreement covering at least $88 million of investment in natural gas and crude oil exploration and production in the Lotus offshore area in the Mediterranean Sea.The…
Shell's third-quarter integrated gas production was expected to be about 740,000 to 780,000 barrels of oil equivalent per day, the company said on Wednesday, compared with a previously expected range of 570,000 to 630,000 boed.In the second quarter…
Oil prices climbed on Wednesday as the market weighed supply constraints from a storm heading for US oil-producing regions and attacks by Yemen's Iran-backed Houthis on Saudi Arabia against increased supplies of Middle East crude.Brent futures LCOc1 rose 81 cents…
Failure to secure approval for the Rosebank and Jackdaw projects would be a major setback for Equinor's Adura joint venture with Shell in the North Sea, Equinor CEO Anders Opedal said on Tuesday.'Not approving Rosebank would be contradictory to energy security…
KBR has been awarded a contract by Saudi Aramco to provide engineering and project execution services for upgrades to offshore facilities at the Marjan oil and gas field in the Arabian Gulf.The scope covers key offshore processing, gas compression…
Shipping bottlenecks, deep cuts in refinery output and inventory draws that could take years to replace will keep global oil prices high beyond this year, industry executives said at a conference in London on Monday.Following the start of the US-Israeli war on Iran at the end of February…
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