Author: admin@erthaenergy

Saudi Arabia has seen its IMF growth projections downgraded, in a move that reflects its recent move to reduce output.

Enersol, a joint venture between ADNOC Drilling and Alpha Dhabi, has agreed to acquire a 51% stake in NTS AMEGA for $58m.  

Chesapeake Utilities has announced that it has secured approval for three natural gas projects from the US Florida Public Service Commission. 

According to a new report published by GlobalData, Permian Basin oil and gas production growth is set to continue.

A free trade arbitration tribunal has dismissed Canadian company TC Energy’s $15bn claim against the US government over the cancellation of its Keystone XL pipeline project.  

Energy Transfer, a US pipeline operator, and Sunoco, a fuel distributor, have teamed up to form a joint venture (JV) that will combine their crude oil and produced water-gathering operations in the Permian Basin, US. 

Bolivian government has announced the discovery of a significant natural gas reserve, reported Reuters, citing the country’s President.

The International Energy Agency (IEA) reported a huge 60% increase in global gas demand in the first half of 2024, largely driven by Asia.

CNOOC has reported a new record for gas tested productivity at the Mesozoic buried hill in Bohai Bay in the Longkou 7-1 oilfield.  

US oil major ExxonMobil is gearing up to drill as many as 30 wells in its latest project in Guyana, reported Reuters.