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World Oil News
Heerema Marine Contractors crossed the Storebaelt Bridge, known as the ‘gate to the Baltic Sea’ with the semi-submersible crane vessel Thialf, marking the first time a Heerema crane vessel has accessed the region. Source
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American operator Zion Oil and Gas continues to be optimistic about a wildcat well it has drilled onshore Israel. Source
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These studies provide an accurate, unique, and independent assessment of carbon storage opportunities coupled with a desktop-ready database required for informed and rapid decision making. Source
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Hungary is one of the EU nations most reliant on Russia for energy, and has seen the cost of oil and gas imports soar to an estimated $19 billion this year from $4 billion in 2019, according to government data. Source
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OPEC+ will consider cutting oil output by more than 1 million barrels a day, according to delegates, when it meets in person on Wednesday for the first time in more than two years. Source
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Skyrocketing oil prices have helped make oil and gas producers the best performers in the stock market this year, triggering a rapid rise in dividend payments and a bonanza of special dividends. Source
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The American Petroleum Institute (API) and American Fuel & Petrochemical Manufacturers (AFPM) released a statement after a meeting that included Secretary of Energy Jennifer Granholm, senior White House officials and leaders of the top U.S. refining companies. Source
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Skyrocketing oil prices have helped make oil and gas producers the best performers in the stock market this year, triggering a rapid rise in dividend payments and a bonanza of special dividends. Source
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Belgian and Danish government representatives have entered into a ground-breaking agreement to enable captured CO2 to be shipped across their borders to be permanently stored in a sandstone reservoir 1800 meters beneath the seabed of the Danish North Sea. Source
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Salunda Limited announced an exclusive license agreement with Transocean to make, develop and sell HaloGuard®, the offshore drilling industry’s first safety system that integrates camera and sensor technology with drilling equipment and machine controls. Source
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