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Analysts Examine USA Gas Inventory
Friday September 22, 2023
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Prospects for a 4+ trillion cubic foot end of October U.S. gas inventory level have faded, according to a new BofA Global Research report.
Industry Headlines
Vietnam Upstream Sector Outlook Brightening
Friday, September 22, 2023Vietnam's upstream sector outlook is brightening, according to analysts at BMI, a Fitch Solutions company.
Analysts Examine USA Gas Inventory
Friday, September 22, 2023Prospects for a 4+ trillion cubic foot end of October U.S. gas inventory level have faded, according to a new BofA Global Research report.
UK Offshore Wind Industry Risks Cancellations: Hedge Fund Chief
Friday, September 22, 2023'The industry needs a complete reset'.
Energy Focused Law Firm Oliva Gibbs Keeps Growing
By Oliva Gibbs, LLP Oliva Gibbs LLP, has opened a new office in Midland, Texas, just in time to mark the company’s 10-year anniversary.
Oil Drops Slightly as Russia Bans Fuel Exports
Thursday, September 21, 2023Oil steadied as a broad, risk-off sentiment eroded gains driven by Russia's ban on gasoline and diesel exports, further tightening an already stressed global fuel market.
USA Crude Oil Stocks Drop
Thursday, September 21, 2023U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, decreased by 2.1 million barrels, according to the EIA.
Sunak Gambles on Voters Focusing More on Costs Than Climate
Thursday, September 21, 2023Rishi Sunak's decision to water down a key part of the UK's green agenda represents a gamble.
Oil Price Rally Continues Apace in September
Thursday, September 21, 2023'Physical markets have tightened'.
Is AI Affecting the Oil and Gas Job Market?
Thursday, September 21, 2023Rigzone speaks to representatives of Piper-Morgan Associates Personnel Consultants, OneSource Professional Search, and Kaye/Bassman's Energy Practice.
Venezuela, Trinidad Sign Gas Profit-Sharing Deal: Maduro
Thursday, September 21, 2023Venezuela and Trinidad and Tobago signed a profit-sharing agreement to export gas from the PDVSA-owned Dragon offshore project.
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Most Popular Articles
Exploration
Longboat Announces Minor Find at Velocette
Thursday, September 21, 2023'The presence of good quality sandstone reservoir, which was the main pre-drill risk, and the presence of gas is encouraging'.
Zion Oil Scores New Israel Exploration License
Wednesday, September 20, 2023The onshore license encompasses about 75,000 acres.
DNO Makes Gas Condensate Discovery in Norwegian North Sea
Wednesday, September 20, 2023DNO made a gas condensate discovery on the Norma prospect in the Norwegian North Sea.
Valaris Scores BP, TotalEnergies Contracts for Brazil, Indonesia Drilling
Wednesday, September 13, 2023Valaris has won contracts from BP and TotalEnergies for drilling offshore Brazil and Indonesia.
API: Cancellation of Alaska Leases Sets Concerning Precedent
Tuesday, September 12, 2023The u-turn 'sets a concerning precedent for the future of oil and natural gas leasing, exploration and production on federal lands'.
Arena Energy Mobilizes Refurbished Rig for GOM Operations
Friday, September 08, 2023There are now six active jack-up rigs in the Gulf of Mexico.
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Production
Equinor Submits Plan for Norway's Eirin Field
Wednesday, September 20, 2023Equinor expects to recover 27.7 MMboe, mainly gas, in Eirin.
ExxonMobil Expands Chemical Production in Baytown Facility
Wednesday, September 20, 2023ExxonMobil has launched two new chemical production units at its manufacturing facility in Texas.
Who Produced the Most Natural Gas in 2022?
Wednesday, September 20, 2023Which country produced the most natural gas last year?
How Much Crude Oil Will the USA Produce in 2023 and 2024?
Tuesday, September 19, 2023How much crude oil will the U.S. produce this year and next year?
Libya Says Oil Production Remains Unaffected by Deadly Floods
Friday, September 15, 2023Libya's state oil company said there has been no disruption to crude output following a storm that unleashed deadly flooding.
Sembcorp Agrees Key Terms for Gas Supply from Indonesia's Mako Field
Friday, September 15, 2023The planned sales gas volume totals about 293 Bcf.
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Finance and Investing
Union Jack Acquires Interest in German Assets Through Beacon
Friday, September 22, 2023Union Jack Oil has acquired a 3.22 percent interest in Beacon Energy.
OPEC Fund Chips In for $200MM Financing for Egypt Food Security
Friday, September 22, 2023The OPEC Fund has committed $10 million to Egypt for the import of vital food and agricultural commodities.
TotalEnergies, Adani to Form 1,050MW Renewables JV in India
Thursday, September 21, 2023TotalEnergies has committed $300 million in equity investment to form an Indian JV with Adani targeting a renewables portfolio of 1,050 MW in capacity.
Predator Posts Operating Loss of $2.9MM for First Half
Thursday, September 21, 2023The increase in operating loss is mostly attributed to increased drilling activity in Morocco.
Costs of Equinor's Johan Castberg Project Rise by $1.2B
Thursday, September 21, 2023Costs for the flagship Johan Castberg project have ballooned to $7.38 billion.
Vital to Expand in Permian Basin with $1.17B Acquisitions
Wednesday, September 20, 2023Vital expects the new assets to add 35,000 boepd to production capacity.
Yellen Says Oil Climb Undesirable but Should Stabilize in Time
Tuesday, September 19, 2023Treasury Secretary Janet Yellen said the recent increase in oil prices is unwanted, but they should stabilize in time.
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Company Operations
Carbonvert-Castex JV to Develop CCS Hub in Louisiana
Thursday, September 21, 2023The offshore project is planned to store up to 250 million metric tons of CO2.
Aker Solutions Bags Contract from Shell to Service Norway Gas Facility
Thursday, September 21, 2023Aker Solutions has been recontracted to provide brownfield modification services and maintenance support for the Nyhamna facility.
PDVSA Ordered by USA Court to Pay Defaulted Notes
Wednesday, September 20, 2023A three-judge panel of the court in Manhattan Wednesday upheld lower court rulings that Petroleos de Venezuela SA had to make good on a set of promissory notes.
Ford Says UK Weighing Petrol-Car Ban Delay Risks EV Shift
Wednesday, September 20, 2023Ford Motor Co. said the transition to electric cars will suffer should the UK follow through on delaying a ban on sales of petrol and diesel cars.
TWMA Scores Long-Term Deal With Equinor
Wednesday, September 20, 2023TWMA has secured a 10-year deal with Equinor for drilling waste management services.
OEUK Awards 2023 Finalists Revealed
Wednesday, September 20, 2023Finalists of the 2023 OEUK Awards have been unveiled.
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