Equinor bumps up US operations
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Norwegian oil and gas giant Equinor is due to boost its stake at the Caesar Tonga oil field in the
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Hormuz explosion pushes up oil prices
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Oil futures rose today (Monday) amid increasing concerns about West Asian supply disruptions despite the standoff in US-China trade talks.
Saudi export rise to prop up US Iran sanctions
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Oil prices have hit a six-month peak as Opec apparently looks to raise output following Donald Trump’s decision not to
ConocoPhillips ditches North Sea assets
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Houston-based ConocoPhillips has jettisoned its North Sea exploration and production after selling its UK-based oil and gas assets to Chrysaor
Markets await renewed Iran waiver
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Donald Trump has discussed Abu Dhabi’s “contributions to the global energy markets as a reliable supplier of oil” during talks
Cyprus and Lebanon eye oil and gas alliance
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Lebanese Foreign Minister Gebran Bassil has announced an agreement with Cyprus to address their maritime border to enable “an oil
China unveils nuclear fusion project
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Chinese scientists say they want to start generating electricity from an experimental nuclear fusion reactor by around 2040. China is
Goldman forecasts 11%-oil-price boost
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Investment banking giant Goldman Sachs has boosted its second-quarter Brent crude price forecast by 11.5 per cent from US$65 per
Kazakhstan prepares for Uzbek oil exports
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Kazakhstan is due to begin annual deliveries of up to 2 million tonnes of oil to neighbouring Uzbekistan. The new
Libya braces for renewed clashes
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Libya’s battle to control the country’s oil fields is ongoing, with US$80 billion in oil revenues and foreign reserves managed
North Sea drilling comes up dry
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Disappointing results from a North Sea test well hammered Jersey Oil and Gas shares during the week as the Verbier
‘Giant’ North Sea field poised to start production
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Hurricane Energy says it expects to generate US$200-million per year from gas and oil production from a giant field west
Equinor eyes Aegean floating wind farm
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Norwegian gas and oil giant Equinor says it is interested in developing floating offshore wind in Greece, which is still
Ireland launches wind power campaign
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Ireland has launched an advertising campaign to highlight the key role of wind energy in addressing climate change. Ireland’s Minister
Gazprom: China pipeline to be ready three months early
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Russia’s de-facto gas export monopoly Gazprom says it will start filling the Power of Siberia pipeline to China from September