The largest oil companies are playing an increasingly important role in high impact exploration but performance was down in 2018.
Read More »Norwegian Oil Patch Ramps Up Spending To Counter Decline
Norway’s oil and gas companies plan to spend 17 percent more this year. at about US$21.11 billion as they step up their exploration.
Read More »Saudi will Supply an Extra 2 Million Barrels a Month to Indian Oil Corp from July
India had bought about 300.000 barrels per day (bpd) of Iranian oil under the six-month U.S. sanctions waiver.
Read More »Putin Prepares to Withdraw Support for Maduro
PDVSA is trying to retool the upgrades to process a simpler form of heavy oil.
Read More »Shell`s New Deepwater Discovery in Gulf of Mexico
This discovery in a Shell heartland adds to the company’s Paleogene exploration success in the Perdido area.
Read More »The Future of Oil is too Risky
The oil business will be a major and important industry in Norway for many years to come.
Read More »Google. Microsoft. and Big Tech are Automating the Climate Crisis
Last year. Google quietly started an oil. gas. and energy division.
Read More »BP. Exxon. Total. 13 others Bid for Ghana’s Oil Fields
Sixteen companies. including five majors. have submitted 60 applications for the five acreages on offer in Ghana’s first licencing round.
Read More »European Companies have Outspent U.S. Rivals on Clean Energy Investments
ExxonMobil was heavily criticized over its slower move to embrace the concerns of climate change.
Read More »Oil Major Chevron to Leave Norway`s Offshore Sector
Chevron is investing billions of dollars in a new reinjection system that will put the sour gas back into the reservoir.
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