OTC Asia 2026

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      Algeria to finalize oil and gas exploration deal with Chevron in 2023

      Exploration Development
      Algeria hopes to conclude negotiations with Chevron Corp. this year as the U.S. firm seeks to explore for energy in the North African country. The...

      Foothills Exploration acquires 21 oil and gas wells in Oklahoma

      Exploration Development
      Foothills Exploration, Inc. has acquired four leases and 21 shallow oil and gas wells located in Comanche County, Oklahoma. These stripper wells have an...

      Equinor awards major Hammerfest LNG contract to Aibel

      News
      Equinor awarded Aibel a major contract for Hammerfest LNG modifications in connection with the Snøhvit Future project. The contract is subject to governmental approval...

      A Mega LNG Deal About To Be Struck Between China And Qatar

      News
      Qatar Energy is all set to sign a big deal with the Chinese National Petroleum Corporation so as to go ahead with the long-term...

      Price Cap By Countries Prompts Russia To Cut Oil Production

      Downstream
      Russia is all set to decrease the crude oil production by 500,000 in a day starting March this year. This step comes after major...

      Russia Contemplating Windfall Tax To Cover Oil Revenue Dip

      Downstream
      Moscow is planning to go ahead with a one-time windfall tax on large companies as a stopgap step to keep a check on the...

      3 Permits Awarded For Full Scale CO2 Storage In Denmark

      News
      In what was the first round of tenders when it comes to the storage of CO2 in the Danish North Sea, a total of...

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      Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

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