Author: admin@erthaenergy

Saudi Arabia is poised to reduce its July crude oil prices for Asia to a six-month low, mirroring declines in benchmark prices.

Permian Basin Royalty Trust has initiated legal action against Blackbeard Operating, seeking over $9m in damages for alleged underpayment of royalties.

The National Iranian Drilling Company (NIDC) has completed the drilling of 20 onshore oil and gas wells in the span of two months, ending 21 May.

NesmaKent Energy has secured a contract with Aramco, marking the start of the National EPC Champion Initiative’s first phase.

The recent downturn in the sales of drilling rights in Alberta, Canada, signals a potential cooling off of the region’s oil boom.

Authorities in Kerala have initiated a containment operation following the sinking of a Liberian-flagged vessel carrying oil and hazardous materials.

South Africa has proposed purchasing liquefied natural gas (LNG) from the US as part of a broader trade deal negotiation.

The PY-3 offshore field in the Cauvery Basin has recommenced crude oil production after a 13-year hiatus.

Energy services provider Expro has secured multi-year tubular running services (TRS) contracts with two operators in the Gulf of America.

Iraq’s oil ministry has formalised an agreement with China’s Geo-Jade Petroleum and Basra Crescent, to augment the Tuba oil field’s capacity.