Overview page containing news articles

Oil

List of the highlighted articles

Posted: 9 months ago

Johan Sverdrup to reach plateau production early

The Equinor-operated Johan Sverdrup field in the North Sea is expected to reach plateau production f...

Categories:
  • Business developments & projects
Posted: 9 months ago
Posted: 9 months ago

Spirit boosts output at two North Sea fields

Following successful offshore drilling campaigns, oil and gas company Spirit Energy has boosted prod...

Categories:
  • Business developments & projects
Posted: 9 months ago
Posted: 9 months ago

BP charters Foinaven FPSO for up to ten years

Teekay, which has recently decided to change its name to Altera Infrastructure, has entered into a n...

Categories:
  • Business developments & projects
Posted: 9 months ago
Posted: 9 months ago

Cairn makes 'significant' reductions to capex

Cairn Energy has made significant reductions and deferrals regarding its 2020 program, representing ...

Categories:
  • Business & Finance
Posted: 9 months ago
Posted: 9 months ago

Oil price drop, coronavirus push EMGS into cost-saving mode

Sharp oil price drop and the global coronavirus pandemic have pushed Norwegian seismic survey compan...

Categories:
  • Business & Finance
Posted: 9 months ago
Posted: 9 months ago

Worker evacuated from FPSO tests positive for coronavirus

Hurricane Energy has confirmed that a crew member on the Aoka Mizu FPSO at the Lancaster field has b...

Categories:
  • Safety
Posted: 9 months ago
Posted: 9 months ago

Valaris gets two rig contract terminations in Angola

Valaris has received contract terminations for two rigs operating offshore Angola, one from Total an...

Categories:
  • Business & Finance
Posted: 9 months ago
Posted: 9 months ago

OMV to make budget cuts for 2020

Joining other oil and gas operators in actions to safeguard their businesses amid coronavirus crisis...

Categories:
  • Market outlooks
Posted: 9 months ago
Posted: 9 months ago

Rystad: Oil price drop to slash African state budgets

Africa’s expected production is set to decline for most of this decade and energy-reliant state budg...

Categories:
  • Market outlooks
Posted: 9 months ago
Posted: 9 months ago

Tsakos: We are experts in navigating things

The first two quarters of 2020 look very promising for the tanker markets, according to Nikolas Tsak...

Categories:
  • Business & Finance
Posted: 9 months ago
Posted: 9 months ago

Eni defends balance sheet and dividend with huge capex and opex cuts

Eni has decided to reduce its capex and opex for this year and the next as a result of the coronavir...

Categories:
  • Business & Finance
Posted: 9 months ago
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Posted: 9 months ago

Vaalco wraps up drilling campaign off Gabon

Vaalco has completed its 2019/2020 drilling campaign in the Etame Marin permit offshore Gabon, which...

Categories:
  • Business developments & projects
Posted: 9 months ago
Posted: 9 months ago

Murphy Oil CEO on medical leave over coronavirus concerns

President and chief executive officer (CEO) of U.S. oil and gas company Murphy Oil has taken a tempo...

Categories:
  • Business & Finance
Posted: 9 months ago
Posted: 9 months ago

ConocoPhillips to take operatorship of Australian permit

Australia’s 3D Oil Limited and ConocoPhillips have executed a joint operating agreement (JOA) in rel...

Categories:
  • Exploration & Production
Posted: 9 months ago
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Posted: 9 months ago

Coronavirus spread pushes Bahamas well drilling to October

London-listed oil company Bahamas Petroleum Company (BPC) has further pushed back the drilling of it...

Categories:
  • Business developments & projects
Posted: 9 months ago
Posted: 9 months ago

Rystad: Over million oilfield jobs on the line

More than a million jobs in the oilfield service industry (OFS) are likely to be cut in 2020 due to ...

Categories:
  • Market outlooks
Posted: 9 months ago
  • long read
Posted: 9 months ago
Premium

Neptune Energy “We need clear policy to further the energy transition”

Global energy demand is increasing and with climate agreements looming, the future of the energy mix...

Categories:
  • Authorities & Government
Posted: 9 months ago
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Posted: 9 months ago

Inpex reviewing investment plans amid oil price decline

Japan’s Inpex Corporation is reviewing its investment plans and looking into other cost-reducing mea...

Categories:
  • Outlook & strategy
Posted: 9 months ago
Posted: 9 months ago

Maersk Product Tankers back to black

Danish tanker owner and operator Maersk Product Tankers returned to black having reported a profit o...

Categories:
  • Business & Finance
Posted: 9 months ago
Posted: 9 months ago

Woodside mulls cost cuts for Sangomar offshore development

Woodside is exploring how the costs for its Sangomar project, located offshore Senegal, can be reduc...

Categories:
  • Business developments & projects
Posted: 9 months ago
Posted: 9 months ago

FAR suspends Gambian drilling plans as gov’t closes borders

FAR Limited has temporarily suspended its plans to drill an exploration well offshore The Gambia as ...

Categories:
  • Business developments & projects
Posted: 9 months ago
Posted: 9 months ago

Equinor joins other majors in slashing spending

Equinor has decided to reduce operating costs and spending to help mitigate the impact of the coron...

Categories:
  • Business & Finance
Posted: 9 months ago
Posted: about 1 year ago

Tullow plans to drill Suriname well next year

Tullow Oil and its partners have decided to drill an exploration well in Block 47 located offshore S...

Categories:
  • Exploration & Production
Posted: about 1 year ago