The plans by the UK government to increase the Energy Profits Levy (EPL) would eventually have a detrimental impact on Britain’s economy.
China’s Sinochem is reportedly planning to divest its 40% stake in a US shale joint venture (JV) Wolfcamp, reported Reuters, citing sources.
Seismic work at the offshore gas fields shared by Venezuela and Trinidad and Tobago is set to start soon, reported Reuters.
OPEC+ is likely to implement a planned rise in oil output in October, to balance cuts by some members and the drop in Libya’s oil output.
Oman has signed a concession agreement with Daleel Petroleum to enhance oil and gas exploration and development in Concession Area No. 15.
A consortium led by Chevron has submitted a revised development plan for the Aphrodite gas field to the Cypriot government.
The integrated oil and gas company is looking to expand the Bina facility in Madhya Pradesh which produces an array of petrochemicals.
From energy, telecoms to urban infrastructure, a warming planet risks large-scale damage across the board.
Hunting has announced securing organic oil recovery (OOR) contracts, set to enhance oil extraction for major North Sea operators.
CNOOC has estimated that global oil prices will stay between $75 and $85 per barrel for the rest of the year.
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.
