The well, drilled by the Transocean Norge rig, encountered estimated recoverable volumes between 30 million and 140 million barrels of oil equivalent (MMboe). SourceContinue Reading

Senegal’s government set up a commission to examine natural-resource contracts awarded to foreign investors and establish whether they comply with the West African nation’s laws, Prime Minister Ousmane Sonko said. SourceContinue Reading

Halliburton Co., the world’s biggest provider of fracing services, said it’s alerting customers and other stakeholders after an unauthorized third party gained access to some of its systems. SourceContinue Reading

UK’s $5.6 Billion Electricity ‘Superhighway’ Gets Green Light | OilPrice.com Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – Aug 23, 2024, 4:00 PM CDT The UK’s energy regulator, Ofgem,...Continue Reading

$1 Trillion LNG Infrastructure Boom Threatens Climate Goals | OilPrice.com Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – Aug 23, 2024, 2:00 PM CDT A report by Earth Insight...Continue Reading

This move is part of bp’s broader strategy to cut emissions and enhance efficiency through advanced infrastructure, including the development of centralized processing facilities and innovative drilling technologies. SourceContinue Reading

Russia’s Coal Reserves to Last Over a Century Despite Market Pressures | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Aug 23, 2024, 12:30 PM CDT Russia has announced that it possesses...Continue Reading

U.S. Oil, Gas Drilling Activity Declines | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Premium Content By Julianne Geiger – Aug 23, 2024, 12:13 PM CDT The total number of active drilling rigs for oil and gas...Continue Reading

KazMunayGas Hasn’t Been Asked to Reduce Output In Line With New OPEC+ Plan | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Aug 23, 2024, 11:30 AM CDT Kazakhstan may have announced...Continue Reading

OMV Announces Major Gas Discovery In Norwegian Sea | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Aug 23, 2024, 11:00 AM CDT OMV announced a major natural gas discovery offshore Norway on Friday. OMV estimates total recoverable natural...Continue Reading