Industry news

  • Post time: 08-01-2022

    1. Shell invests in the development of jackdaw natural gas field in the North Sea of Britain After obtaining regulatory approval earlier this year, BG International Ltd., a subsidiary of shell UK Limited, has made a final investment decision (FID) to develop the Jackdaw gas field in the North Sea...Read more »

  • Post time: 07-30-2022

    1. ExxonMobil plans to drill another 35 wells off the coast of Guyana ExxonMobil, the American super giant, has found 11billion barrels of oil off the coast of Guyana. The local subsidiary Esso exploration and production Guyana Co., Ltd. (eepgl) has applied to the Guyana Environmental Protection ...Read more »

  • Post time: 07-27-2022

    1. Gazprom will restart the transmission of natural gas from Beixi No.1 pipeline to Europe Gazprom will restart the Beixi gas pipeline on Thursday, but its gas transmission to Europe will decline. It is reported that the Beixi pipeline will resume operation on Thursday after the maintenance work,...Read more »

  • Post time: 07-25-2022

    1. Halliburton profits surge on strong demand for oil drilling Halliburton said on Tuesday its second-quarter adjusted net income surged 41% due to rising drilling activity in North America and international markets, adding that it expects a “multi-year increase” in drilling demand in...Read more »

  • Post time: 07-15-2022

    1. Shell withdraws 4.5 billion impairment of oil and gas assets In its second quarter earnings update, the British energy giant shell said that after raising its oil and gas price expectations, shell would cancel the $4.5 billion write down of oil and gas assets. In a latest report, shell said th...Read more »

  • Post time: 07-13-2022

    1. Five European and American energy giants jointly took 25% of the shares of Qatar north oil and gas field east project   Qatar energy company (QE) announced last week that shell was selected as the fifth partner of Qatar North Tiandong (NFE) LNG project. In this way, the luxury lineup of five E...Read more »

  • Post time: 07-08-2022

    1. Pemex signed an agreement with new fortress energy to restart the lakach offshore natural gas project Pemex plans to restart production after six years of shutdown at the lakach deepwater field near the coast of Veracruz. Pemex has signed a letter of intent with new fortress energy on this pro...Read more »

  • Post time: 07-06-2022

    1. Suriname will start international bidding for large-scale offshore oil blocks at the end of the year Glenn Corrie, vice president of the Suriname national oil company (staatsolie), said last week that Suriname was preparing to tender 60% of the offshore blocks in the next 12 months, and the fi...Read more »

  • Post time: 07-04-2022

    1. Schlumberger will not apply for Iraqi Kurdistan oil bidding Schlumberger Ltd., a US energy company, recently said that it would not apply for any bidding in the oil and gas field in the Kurdistan Region of Iraq without Baghdad’s consent. In February this year, the Iraqi Federal Supreme C...Read more »

  • Post time: 06-28-2022

    1. ExxonMobil calls for higher carbon pricing ExxonMobil CEO Darren Woods said last week that the company hopes to increase the carbon capture and storage tax credit from the current $50 per ton to $100 as a means to stimulate carbon capture and storage (CCS) projects.   2. Tubacex to establish O...Read more »

  • Post time: 05-27-2022

    1. Baker Hughes: the number of oil and gas drilling rig operations in the United States increased for the ninth consecutive week Data released by Baker Hughes, a US energy service company, on Friday showed that the number of us oil and gas drilling rig operations increased for the ninth consecuti...Read more »

  • Post time: 05-26-2022

    1. Us shale gas M & A has created a new giant worth US $7 billion Centennial resource development and Colgate energy partners III, LLC said on Thursday that the two sides agreed to merge at a scale of US $7 billion to establish the largest pure exploration and production company in the Pe...Read more »