The energy body anticipates that OPEC+ production cuts will decrease global oil reserves, as global oil consumption is expected to outstrip global oil production.
OPEC’s monthly report indicates a 2025 growth at 1.7 million barrels per day (mbbl/d), slight below this year’s figure.
Equinor and its partners have confirmed a gas/condensate discovery at well 6406/2-L-2 H, located 260km southwest of Brønnøysund.
CNOOC has achieved a milestone in ultra-deepwater natural gas exploration by drilling a well in the Liwan 4-1 structure.
Saipem and Newcleo have partnered to study the how nuclear power can make offshore drilling practices more environmentally friendly.
American oil company APA has announced the signing of an agreement to sell non-core producing properties in the Permian Basin for $950m.
Saudi Arabian energy giant Aramco has announced a series of new initiatives aimed at bolstering digital development within its operations.
Leading oil and gas players have set themselves decarbonisation targets for both the medium and long term, relying on existing and emerging technologies.
OQ is reportedly planning to launch an IPO for its exploration and production division, OQ Exploration & Production, to raise around $2bn.
A study has looked at about 20 possible options for the Corrib gas field, which will then be examined in more detail.
We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.
© 2025 Ertha Energy 202201027126 ( 1472823-P). All Rights Reserved. Powered by Shinjiru Technology.
We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.
