Tag Archives: Drilling

Colorado explorers pumped the most crude on record last year even after the state tightened restrictions on oil and gas drilling.

Saudi Aramco has announced that it will be pumping $110 billion over the next couple of years to develop the Jafurah gas field.

The European Union blacklisted two Turkish nationals as retaliation over Ankara’s energy drilling off Cyprus in a move that has more political symbolism than economic punch.

The Trump administration is moving to sell drilling rights in the Arctic National Wildlife Refuge. Interior Secretary David Bernhardt said.

The U.S. Energy Information Administration projected crude output will rise about 8% in 2020.

Cyprus and Greece dispute Turkey’s claims in the region.

Over recent years. the South Pars Phase 11 (SP11) development project has been one of the most controversial projects in Iran.

Turkey has consistently contested the Greek Cypriot administration’s unilateral drilling in the area.

Chevron’s future growth prospects may be dimming after the oil explorer pumped more crude than it discovered or bought last year. eroding its portfolio of untapped fields.

A buyer of liquefied natural gas has canceled two cargoes from Cheniere Energy Inc.. the biggest U.S. exporter. as a global glut pummels prices for the fuel and threatens to shut a key outlet for shale production.