As crude oil begins to slide back down on talk about a possible easing of the OPEC+ production cuts, the Energy Information Administration added to bearish sentiment by reporting a hefty build in crude oil inventories of 5.8 million barrels for the week ending May 18. The EIA report comes a day after the API’s estimate that inventories had ...
The following primary insiders have on the 24th of May 2018 acquired shares in Equinor ASA (OSE: EQNR, NYSE: EQNR) at a share price of NOK 215.96 in connection with the company's long-term incentive programme.
The following primary insiders have on the 24th of May 2018 acquired shares in Equinor ASA (OSE: EQNR, NYSE: EQNR) at a share price of NOK 215.96 in connection with the company's long-term incentive programme.
Investors in the world’s largest oil and gas companies are eyeing a windfall from rising crude prices as the sector heads towards its strongest financial performance in a decade while keeping a tight rein on spending.
Companies including Total SA (NYSE: TOT) and BP Plc (NYSE: BP) have already launched share buyback programs, and Royal Dutch Shell Plc (NYSE: RDS....
SAN ANTONIO, Texas, May 23, 2018 (GLOBE NEWSWIRE) — Lilis Energy, Inc. (NYSE American:LLEX), an exploration and development company operating in the Permian Basin of west Texas and southeastern New Mexico, today announced that the Company has entered into a crude oil gathering agreement with Salt Creek Midstream, LLC, an ARM Energy Holdings’ affiliate. The [Read More…]
More than a tradeshow: inaugural conference to provide forum for industry's most critical conversations CALGARY, May 23, 2018 /CNW/ – Global Petroleum Show (GPS), North American's leading energy event, will kick-off its 50th year next month in Calgary. From June 12-14, over 50,000 industry professionals, government officials, national and international energy companies, thought leaders and influencers [Read More…]
Equinor is pleased to have been awarded 9 new licences in the 30th Offshore Licensing round, 8 as operator, as announced by the Oil and Gas Authority (OGA) today.
The Norwegian Supreme Court onWednesday began hearing an appeal from some of the owners of theGassled gas network involving government cuts to pipelinetariffs. In June 2017, a Norwegian appeals court ruled against theowners in a lawsuit that argued the cut in tariffs was unlawfuland would cost them a combined 15 billion Norwegian crowns ($1.86 billion) [Read More…]
Europe’s gas market is being transformed as new sources of supply and greater network integration benefit consumers while making up for declining indigenous sources LONDON–(BUSINESS WIRE)–A major transformation is poised to advance Europe’s energy security goals and improve natural gas flows in European markets, according to a new report by business information provider IHS Markit [Read More…]
23 May 2018, Limassol, Cyprus SeaBird Exploration is pleased to announce that the company has signed an agreement to supply one 2D vessel for an upcoming survey in North West Europe during this coming summer season. The project is due to commence early Q3-2018 and will run for approximately one month. The company will be [Read More…]
PTT is testing the soil at the former R.E. Burger power plant in Belmont County to ensure the ground can support its proposed $10 billion ethane “cracker."
(Wed, 23 May 2018) In December 2017, the passage of Public Law 115-97 required the Secretary of the Interior to establish and administer a competitive oil and natural gas program for the leasing, development, production, and transportation of oil and natural gas in and from the Coastal Plain (Section 1002 Area) of the Arctic National Wildlife Refuge (ANWR). Previously, ANWR ...
(Wed, 23 May 2018) Canada is the largest energy trading partner of the United States, based on the combined value of energy exports and imports. Although the value of bilateral energy trade with Canada has varied over the past decade, driven primarily by changes in the prices of oil and natural gas, the overall structure of bilateral energy trade flows ...
ExxonMobil, XTO Energy and its current and former employees contributed more than $852,000 to 33 Ohio colleges and universities in 2017, the company announced this week. Part of the ExxonMobil Foundations 2017 Educational Matching Gift Program, the company generously matched almost $217,000 from current and former employees on a three to one basis. This massive contribution to so many of ...
The Oil and Gas Authority (OGA) has offered for award 123 licences over 229 blocks or part-blocks to 61 companies in the 30th Offshore Licensing Round. These successful awards act as a strong platform...
Equinor is pleased to have been awarded 9 new licences in the 30th Offshore Licensing round, 8 as operator, as announced by the Oil and Gas Authority (OGA). ...
Repsol Norge AS (Repsol) has awarded a frame agreement to HydraWell to provide technology and services for the operator’s plug and abandonment on the Norwegian continental shelf. ...
Supporting the modernisation of Egypt’s oil industry, the EBRD is providing a US$200 million for major investments in energy efficiency and refurbishment of the oil refinery owned by Suez Oil Processi...
Libyan protesters shut down the eastern Raguba oilfield which had 5,000 barrels per day (bpd) of crude production feeding Brega port, said a spokesman for the owner, state-run Sirte Oil. ...
Aqualis Offshore has been awarded a one-year Rig Inspection service agreement with Petronas Carigali (Turkmenistan) Sdn. Bhd, to conduct drilling rig integrity inspection services for its drilling pro...
The body of a man identified as the sixth of a group of mine-clearance workers with the TAPI international gas pipeline who were killed this week has been found, officials say.
VICTORIA – The British Columbia government filed a constitutional lawsuit Tuesday countering an Alberta government bill that would limit fuel being sent to the province. It comes weeks after the B.C. government asked its highest court to decide if it has the right to limit the flow of bitumen in the Trans Mountain pipeline. Alberta [Read More…]
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES ANDDOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN. STUDIO CITY, Calif., May 22, 2018 (GLOBE NEWSWIRE) — Petroteq Energy Inc. (the “Company”) (TSXV:PQE) (OTC:PQEFF) (Frankfurt:PQCF), a company focused on the development and implementation of proprietary technologies for the energy [Read More…]