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CNPC will wait for more guidelines from the U.S. Treasury before further moves in dealing with Venezuelan oil.
Read More »China`s CNPC Suspends Venezuelan Oil Loading
First Oil Flows From Giant $7.7bn UK North Sea Development
The Mariner field is estimated to produce more than 300 million barrels of oil over the next 30 years.
Read More »Shell Profit Drops as Lower Oil Prices Offset Rising Production
Energy majors’ second-quarter results have been hit by lower oil and gas prices versus the same period a year ago.
Read More »BP`s Tankers Avoid Strait of Hormuz
The strong increase in oil and gas production helped BP to offset weaker crude prices and refining profit.
Read More »North Sea Oil and Gas Projects Boosted by Farm-Out Deals
Two North Sea farm-out deals were announced today in another sign that the mature UK basin can still generate fresh investment for oil and gas projects.
Read More »New York ََََََAwards 1.7GW of Offshore Wind Contracts
They are expected to help create more than 1.600 new jobs.
Read More »Libya’s El Sharara Oilfield Shut Down since Friday
The field was pumping around 290.000 bpd prior to the shutdown.
Read More »New Competition Seeks to Improve Wind Energy Resource Estimates
The growing size of offshore turbines and wind farms. extending beyond 200m in height and occupying tens of kilometres. has challenged traditional wind farm models.
Read More »Deal for Hywind Power Makes It Stronger Business. Top Analyst Says
The big ticket buyout of renewable electricity from Equinor’s Hywind project could make it a stronger business in the sector. according to a top energy analyst.
Read More »New Jersey picks Ørsted for First Offshore Wind Project
The 1.100MW Ocean Wind offshore wind farm is expected to power more than half a million homes.
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