News
Algeria to finalize oil and gas exploration deal with Chevron in 2023
Algeria hopes to conclude negotiations with Chevron Corp. this year as the U.S. firm seeks to explore for energy in...
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Foothills Exploration acquires 21 oil and gas wells in Oklahoma
Foothills Exploration, Inc. has acquired four leases and 21 shallow oil and gas wells located in Comanche County, Oklahoma. These...
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Equinor awards major Hammerfest LNG contract to Aibel
Equinor awarded Aibel a major contract for Hammerfest LNG modifications in connection with the Snøhvit Future project. The contract is...
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A Mega LNG Deal About To Be Struck Between China And Qatar
Qatar Energy is all set to sign a big deal with the Chinese National Petroleum Corporation so as to go...
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Price Cap By Countries Prompts Russia To Cut Oil Production
Russia is all set to decrease the crude oil production by 500,000 in a day starting March this year. This...
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Russia Contemplating Windfall Tax To Cover Oil Revenue Dip
Moscow is planning to go ahead with a one-time windfall tax on large companies as a stopgap step to keep...
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3 Permits Awarded For Full Scale CO2 Storage In Denmark
In what was the first round of tenders when it comes to the storage of CO2 in the Danish North...
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Italy Intends To Be Energy Hub of Europe With Funds From EU
Italy has plans to utilise the funds coming from the European Union under the REPowerEU scheme so as to completely...
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Reduced Saudi Crude Prices Expected For 4 Months Straight
For the straight fourth month this march, world’s largest oil exporter, Saudi Arabia may reduce prices of grades that are...
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Offshore Gas Field Nod From The US To Trinidad And Tobago
As per the Trinidadian and U.S. officials, the Biden administration has given Trinidad and Tobago approval in order to make...
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