Sobriety has the upper hand, for now, in exploration
A small group of deep-pocketed companies increasingly dominates exploration and, as yet, they are avoiding the boom-and-bust mentality of previous oil cycles.
A small group of deep-pocketed companies increasingly dominates exploration and, as yet, they are avoiding the boom-and-bust mentality of previous oil cycles.
Reuters Events - announced the launch of Hydrogen North America 2022 (October 12-13, Houston, Texas). The two-day summit will unite policymakers and industry leaders to collaborate and foster a hydrogen society.
Thailandโs dependence on imported liquefied natural gas (LNG) continues to expand despite soaring global prices. Significantly, the increasing demand for LNG is being exacerbated by production declines across ageing domestic fields, particularly Erawan.
The euro areaโs pandemic recovery would almost grind to a halt, while prices would surge even more quickly if there are serious disruptions to natural-gas supplies from Russia, according to new projections from the European Commission.
The foremost digital strategists of the oil and gas sector will descend on Houston, Texas, this June to reveal unique insights into data-driven operations.
UK Prime Minister Boris Johnson will meet with key oil and gas producers to discuss the industryโs role in shoring up the countryโs supplies, following up on a new energy security strategy announced by the government earlier this month.
Italian energy giant Eni is preparing to open ruble accounts at Gazprombank JSC, allowing it to potentially comply with Russian demands that gas must be paid for in local currency, according to people familiar with the matter.
A group of investors led by BlackRock Real Assets and Mubadala Investment Co. infused 40 billion rupees ($525 million) into the renewable energy unit of Tata Power Co., the Mumbai-based company said.
The merger between Woodside and BHPโs entire petroleum business will see the combined decommissioning costs for the new super independent hit $6.7 billion over the next 30 years, according to Woodsideโs prospectus filed to the London Stock Exchange this week.
Oil resumed its decline as Chinaโs virus resurgence worsened, raising concerns about demand from the worldโs biggest crude importer.
A multi-national partnership aims to establish what could be the first green e-methanol plant in Southeast Asia. The partnership, which includes Thailandโs PTT Exploration & Production (PTTEP), aims to establish Asiaโs first green e-methanol plant which converts captured biogenic carbon dioxide (CO2) into green e-methanol, a low carbon fuel.
Oil prices have fallen to levels that donโt reflect the risk of disruptions to Russian exports or the ability of China to keep the coronavirus pandemic under control, according to the worldโs biggest independent crude trader.
Parkmead has said it is nearing a drilling decision on its Skerryvore field in the UK North Sea.
North Sea stalwart Melfort Campbell has been honoured at the Offshore Achievement Awards.
A flagship North Sea project has finally achieved first gas after being beset by a series of delays.
Japanese shipping company Mitsui OSK Lines (MOL), Toho Gas and Hokuriku Electric Power, will buy a 25% share in the 128 MW Formosa I offshore wind project in Taiwan from Macquariesโ Green Investment Group, which is exiting the countryโs first utility-scale offshore wind farm.
Questions of green or blue hydrogen are by the by, there is a major need for construction to get under way in order to achieve net zero participants at the fourth episode of Hydrogen โ Tracking Transition said recently.
ADM Energyโs board has seen off a shareholder activist attempt at revolution, while a legal challenge over an oilfield in Nigeria has been pushed back.
Kazakh President Kassym-Jomart Tokayev accepted the governmentโs resignation Wednesday after increases in fuel prices led to clashes between protesters and police in central Asiaโs largest energy producer.
Malaysiaโs Petronas, along with Japanese companies Sumitomo and Tokyo Gas, will carry out a feasibility study to establish a supply chain of โcarbon neutral methaneโ to Japan.
Andrew Austin's new venture Kistos has successfully drilled a North Sea well.
Global oil prices may rise to as high as $120 by the middle of next year as the ability of OPEC+ to meet demand is at risk from under-investments and sanctions, according to a Rosneft PJSC executive.
Green energy projects on Eigg and in Orkney are among four initiatives in Scotland to share funding of almost ยฃ400,000 from Centrica.
Chinaโs energy crisis has highlighted weaknesses in one of President Xi Jinpingโs top priorities -- energy security -- that could have ramifications for the power system for years to come.
Protests will kick off tomorrow aimed at reforming South Africaโs Department of Mineral Resources and Energy (DMRE).