Japan’s Inpex Corp. agreed on a framework with Indonesia for the $20-billion Abadi liquefied natural gas project. a key step toward reaching final investment for one of the world’s biggest export ventures.
Read More »OPEC should Raise Oil Output
Iraq’s government is expected to launch a tender to develop the field this year.
Read More »Schulich Buys 5% of MEG Energy Despite Canadian Energy Concerns
Schulich bought about 5% of MEG Energy for the first time in the last couple of weeks. underscoring his bullish view on energy despite his concerns that Canada is squandering its resource legacy.
Read More »Danos Provides Integrated Operations for Shell`s Enchilada
Danos has been awarded multiple contracts with Shell Exploration and Production Company. a subsidiary of Royal Dutch Shell plc. to provide integrated operations on its Enchilada platform.
Read More »U.S. Blames Iran for Oil Tanker Attacks as Gulf Tensions Climb
The Trump administration blamed Iran for attacks on two oil tankers near the entrance to the Persian Gulf. escalating tensions between the two rivals despite denials from officials in Tehran that they were behind the incidents.
Read More »Shell Ships First LNG Cargo from Prelude FLNG. Offshore Australia
Shell announced that the first shipment of liquefied natural gas has sailed from the company’s Prelude floating liquefied natural gas (FLNG) facility.
Read More »$220bn at Stake as Project Sanctioning Gears Up
Cost uncertainty for offshore oil and gas projects around the globe could be as high as $220bn over the next four years.
Read More »The 2020 Oil Market is Quickly Turning Ugly
Oil bulls thought 2020 would be their year.
Read More »Gazprom Neft. Repsol and Shell to Develop Major Exploration Cluster on Gydan Peninsula
Gazprom Neft. Repsol and Shell have signed a memorandum of understanding at this year’s St. Petersburg International Economic Forum.
Read More »ExxonMobil Staff will Return to Work in Iraq
The state of emergency was declared as a precaution because of floods that hit the region over winter and spring.
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