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Australia labor strikes could disrupt 10% of global LNG exports

(Bloomberg) Potential strikes at three major liquefied natural gas (LNG) facilities in Australia could disrupt about 10% of global exports of the fuel and deliver a new energy price shock across Asia and Europe. Workers at Chevron Corp. and......【More】

2023-08-14

CNPC starts drilling Shendi Chuanke 1 Well in Sichuan

On July 20, CNPC started drilling the Shendi Chuanke 1 Well in the Sichuan Basin. It is the second over 10,000-meter-deep borehole in China after the Shendi Take 1 Well in the Tarim Basin in the Xinjiang Uygur Autonomous Region. Located in......【More】

2023-08-11

LNG Japan joins “giant” natural gas project with $880 million deal with Woodside Energy

(Bloomberg) LNG Japan Corp. agreed a deal worth as much as $880 million for a stake in a giant natural gas project off Australia, a new step to secure supply of a fossil fuel the nation expects to retain a key role in its energy mix. The jo......【More】

2023-08-09

BlackRock appoints Aramco CEO to board amidst ESG debate

(Bloomberg) BlackRock Inc. has named Saudi Aramco Chief Executive Officer Amin Nasser to its board, underscoring the asset managers commitment to the oil industry in the middle of a debate about its role in ESG investing. headshot of Amin N......【More】

2023-07-24

BW Energy begins oil production from third Hibiscus/ Ruche well offshore Gabon

(WO) BW Energy announced that production has safely started from the third well of the Hibiscus / Ruche Phase 1 development in the Dussafu license offshore Gabon. Well performance is in line with expectations, with current production at app......【More】

2023-07-24

Protestors halt production from major Libyan oil field

(Bloomberg) A major oil field in Libya was fully halted as political tensions resurfaced in the nation that sits atop Africas biggest reserves. oil production rig onshore Libya The Sharara deposit in the southwest of the country began halti......【More】

2023-07-17

Tullow begins production from Jubilee South East project offshore Ghana

(WO) Tullow, alongside its joint venture partners Kosmos Energy, Ghana National Petroleum Corporation, Petro SA and Jubilee Oil Holdings, announced the successful start-up of the Jubilee South East (JSE) Project offshore Ghana. Tullows Jubi......【More】

2023-07-17

Saudi Arabia invites China’s Xi to form energy partnerships

(Bloomberg) Two months after snubbing U.S. President Joe Bidens pleas for oil, Saudi Arabia is rolling out the red carpet for his Chinese counterpart, Xi Jinping. Xi will visit Saudi Arabia from Dec. 7-9, when he will take part in a regiona......【More】

2022-12-23

HydraWell’s industry-first technology paves the way towards rigless operations

(WO) Well-integrity specialist company HydraWell has unveiled its new technology, HydraCT, an advanced perforation, wash and cement (PWC) system specifically designed for coil tubing applications with the potential to cut CO2 emissions by 8......【More】

2022-12-23

CGG agrees to reprocess the Utsira ocean bottom node survey with Carbon Transition

(WO) CGG today announces an agreement with Carbon Transition (under its subsidiary Axxis Multi Client) to reprocess the Utsira ocean bottom node (OBN) seismic survey in the Norwegian North Sea. The reprocessing project has significant indus......【More】

2022-12-22