Qatar ordered four new liquefied natural gas tankers worth more than 2.8 billion rials ($762 million) from a Chinese shipbuilder, as demand for the fuel booms. SourceContinue Reading
The OPEC+ cartel’s production policy will be the main factor influencing oil prices over the coming months, according to Vitol Group. SourceContinue Reading
The global energy crunch could help propel oil prices above $100 a barrel for the first time since 2014 and spur a global economic crisis, according to Bank of America. SourceContinue Reading
Wood, the global consulting and engineering company, continues to expand its operations in the Southern North Sea with the award of a new operations and maintenance contract with Shell UK and Nederlandse Aardolie Maatschappij. SourceContinue Reading
Now in its second year, this program is free to students and educators and its mission is to empower and encourage them to delve into the energy industry and its many career fields through a variety of video showcases, virtual tours, and virtual visits to classrooms by respected professionals. SourceContinue Reading
China’s central government officials ordered the country’s top state-owned energy companies — from coal to electricity and oil — to secure supplies for this winter at all costs, according to people familiar with the matter. SourceContinue Reading
The deal includes all INEOS Oil and Gas interests in production, licenses, fields, facilities and pipelines, on the Norwegian continental shelf and continues to rebalance INEOS’ oil and gas portfolio. SourceContinue Reading
Nigeria shouldn’t leave its gas in the ground and run the risk of ending up with an energy transition that unfairly deprives its citizens of energy, as well as opportunity. SourceContinue Reading
Oil closed the month almost 10% higher after a tumultuous session where China was said to order its top energy companies to secure supplies at all costs, prompting the White House to reiterate its concern over rising prices. SourceContinue Reading
Schlumberger and AVEVA announced an agreement to integrate edge, AI and cloud digital solutions to help operators optimize oil and gas production. SourceContinue Reading
