Category Archives: News

Apache to End North Sea Oil Production by 2030 Amid Increased UK Windfall Tax

APA Corporation cites higher tax burdens and regulatory uncertainties as primary reasons for the decision.

India’s Imports of Russian Crude Oil Continue to Climb

India continues to boost imports of Russian crude oil as Russia continues to be the

Petroperu still operating without a board after last month’s mass resignation

(WO) – Peru’s government can’t find board members to lead its struggling state-owned oil company

Petrobras E&P strategy aims to get max oil output from current fields

(WO) – Petrobras is pushing to extract as much oil as possible from its existing

Geopolitical risk premium in oil market slips slightly, Goldman Sachs says

Oct 9 (Reuters) – Geopolitical risk premium gauges in the oil market have decreased slightly

Iran suffers oil leak near top export terminal in Persian Gulf

(WO) – Iran suffered an oil leak just a few miles from Kharg Island, its

South Africa poised for LPG gas boom amid electricity price hikes

CAPE TOWN, Oct 9 (Reuters) – South Africa’s liquefied petroleum gas (LPG) business is poised

CNOOC begins oil production offshore China utilizing new deepwater facility models

(WO) – CNOOC Limited announced that the Liuhua 11-1/4-1 oil development offshore China has commenced

TotalEnergies’ $9 billion investment offshore Suriname expands Atlantic oil and gas boom

(Bloomberg) – Total Energies SE is assembling a fleet of Deepwater rigs, support vessels and

Wildcat exploration wells unearth oil and gas in Equinor’s latest North Sea discovery

(WO) – According to the Norwegian Offshore Directorate, Equinor and its partners have made an