Company News
Rosneft, Lukoil to slash oil shipments from Novorossiisk port on Black SeaÂ
Rosneft and Lukoil are set to significantly decrease their oil exports from the Black Sea port of Novorossiisk in July, reported Reuters.
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Hydrocarbon
Now in power, we consider the reality of Labour’s oil and gas plans
Labour will now need to put its oil and gas manifesto commitments into practice, and Offshore Technology looks at those election promises.
Deal News
Aramco and ADNOC weighing acquisition of Australian gas company SantosÂ
Saudi Aramco and ADNOC are examining the prospect of bidding for Australian gas producer Santos, reported Bloomberg, citing sources.Â
Industry News
Europe turns away from US crude oil as imports hit two-year low in June
US shipments to Europe have fallen again in June, reaching a two-year low in June.
Industry News
Increasing US gasoline inventories drag down gasoline prices, EIA saysÂ
Weekly average gasoline prices in the US have dropped by 19 cents per gallon since reaching a high in April.
Features
Strong oil and petrochemical demand likely to 2030, despite IEA data
GlobalData argues growing demand for energy and petrochemicals, and ongoing energy security concerns, could prompt rising oil demand to 2030.
Deal News
Nigerian oil assets sale of Eni and Equinor approved by regulatorÂ
NUPRC has approved the sale of key onshore oil assets by Eni and Equinor, reported Reuters, citing the head of the agency, Gbenga Komolafe.Â
Company News
Oil production commences from Winterfell in US Gulf of MexicoÂ
Kosmos Energy has announced the commencement of oil production at the Winterfell development located in the US Gulf of Mexico. Â
Company News
ADNOC Drilling secures $733m contract for three newbuild island rigs Â
ADNOC Drilling has secured a $733m contract from ADNOC Offshore to supply three newbuild island rigs for Zakum project.
Contract News
TotalEnergies selects SLB OneSubsea to work on project offshore AngolaÂ
TotalEnergies has awarded a contract to SLB’s OneSubsea joint veture for the Kaminho deepwater project offshore Angola. Â