News
National Fuel to Acquire Shell Integrated Upstream and Midstream Assets in Pennsylvania
National Fuel Gas Company announced that it has entered into a purchase and sale agreement with SWEPI LP, a subsidiary...
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Oil Down on Signs Russia May Ease Supply Cuts
Oil declined from the highest settlement in 11 weeks on signs Russia was planning to start easing supply cuts from...
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OMV receives permit to drill Norwegian Sea appraisal well
Austrian oil and gas company OMV is set to drill an appraisal well in the Norwegian Sea after receiveing an...
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Bahamas Petroleum signs rig contract for exploration well
Explorations and production firm Bahamas Petroleum Company (BPC) has signed an offshore drilling rig contract with Stena Drilling to use...
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Oil prices fall due to weaker fuel demand in US
Oil prices have slipped after US inventory data showed a weaker fuel demand in the country. Brent crude dropped 25...
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Total Confirms the Sale of UK Assets to NEO Energy
Total confirmed its commitment to completing the sale of its UK North Sea non-core assets, first announced in July 2019....
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Eni launches eniSpace, a collaborative platform for its suppliers
Eni’s dedicated portal for suppliers has been completely reimagined: say hello to eniSpace (Supplier Portal and Collaboration Environment), a platform...
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ConocoPhillips Completes Sale of Interests in Australia-West
ConocoPhillips announced the completion of the sale of its subsidiaries that hold its Australia-West assets and operations to Santos. The...
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Yinson and Sumitomo partner on Brazil FPSO project
Malaysia’s Yinson Holdings has agreed to share a vessel chartering contract with Japan’s Sumitomo. The two will collaborate on a...
Read moreCovid-19 creates supply and demand crisis for oil and gas
Oil prices have decreased by around 50% since January 2020, with the US market reporting record lows. With countries on...
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