Eni announces the discovery of new oil resources in the Western Desert of Egypt with a new exploration well in the South West Meleiha Concession. Production in the Concession started just one year ago and is now in excess …
SHANGHAI , July 27, 2020 /PRNewswire/ — With China’s first 8MW offshore wind turbi…
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Oil & Gas 360 Publishers Note: This is part a larger issue going on in the Mediterranean. There are many countries trying to jockey for the lowest cost, and long term, acquisition of natural gas. This is causing …
Nasdaq
Energy provider NRG Energy (NYSE: NRG) has announced it is acquiring Direct Energy, a North American subsidiary of U.K.-based Centrica PLC (OTC: CPYYF). The all-cash deal is for $3.625 billion, and is expected to close by the end …
World Economic Forum
Oil & Gas Publishers Note: It is nice to look at many different types of articles and opinion articles. While I agree with some of the article, however, take it with a grain (or block) of salt …
RarePetro
Oil & Gas 360 Publishers Note: This is an outstanding piece from Kevin about world oil costs and what the countries need to make in order to keep up with their social programs. We have been covering this topic, …
EIA
Before 2020, Russia’s natural gas processing plant ethane production was approximately 25,000 barrels per day (b/d). If all planned natural gas projects come online, Russia could produce nearly 300,000 b/d of ethane from more than 70 billion cubic feet …
360 Feed Wire
Stans, Switzerland, July 2020 – The ROSEN Group introduces the new TBIT Ultra service for inspection of Aboveground Storage Tanks.
The complex nature of corrosion has compelled ROSEN’s inspection and integrity specialists to consistently improve their knowledge, …
Calgary, Alberta, July 23, 2020 (GLOBE NEWSWIRE) — The Canadian Energy Centre (CEC) launch…
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Canada and Prince Edward Island invest in new transmission line to support wind energy pro…
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The eastern Mediterranean region where a Turkish ship will carry out a seismic survey is part of Turkey’s continental shelf, Ankara said on Wednesday, rejecting Greece’s accusation that the ship is encroaching on its own shelf.
Long-standing tensions between …
Kallanish Energy
Chevron’s recently announced Noble Energy takeover bets on future natural gas demand and more geographic diversity, Kallanish Energy learns from GlobalData.
According to senior O&G analyst Adrian Lara, the $13 billion deal (including debt) signals “the optimal future …
LONDON – The abrupt closure of China’s consulate in Houston marks the latest incident in a rapidly escalating conflict between China and the United States.
Future historians will probably focus on 2020 as the point when intensifying strategic competition …
Reuters
LAUNCESTON: China’s refineries imported and processed record amounts of crude oil in June, and while these are undoubtedly bullish economic signals, it’s worth noting that flows into storage tanks were also likely at an all-time high.
The massive amount …
360 FeedWire
We are in the midst of a dramatic paradigm shift. The way in which we produce,
Argus
PORTSMOUTH, N.H. , July 21, 2020 /PRNewswire/ — Wheelabrator Kemsley, a new waste-t…
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Oil&Gas
Global project sanctioning is set for a staggering decline this year of over 75% from 2019 levels, as the Covid-19 epidemic has caused E&P spending to drop much lower than what was expected at the beginning of the crisis.…
OVID-19 has dealt a massive blow to the energy industry, and national energy companies in the Middle East must pursue …
Global project sanctioning is set for a staggering decline this year of over 75% from 2019 levels, as the Covid-19 epidemic has caused E&P spending to drop much lower than what was expected at the beginning of the crisis. …
Toronto, Ontario–(Newsfile Corp. – July 17, 2020) – Buffalo Coal Corp. (TSXV: BUF) Buffa…
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Reuters
Oil & Gas 360 Publishers Note: This is very sad for the people of Yemen to have this accident waiting to happen. We hope that the oil can be extracted prior to the break up of the tanker.
The …
Norwegian oil firm OKEA has signed a sale and purchase agreement (SPA) with Equinor to acquire the latter’s 40% operated working interest (WI) in two licences offshore Norway.
The acquisition of interests in production licences PL195 and PL195 B …
Trident Energy has completed the acquisition of the Pampo and Enchova clusters offshore Brazil from the state-owned oil company Petrobras.
Trident said on Thursday that the ten concessions in question were initially developed by Petrobras in the 1980s.
Namely, …
Piraeus, Greece, July 16, 2020 (GLOBE NEWSWIRE) — Refinancing of Bank Debt Maturities …
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Oil & Gas 360 Publishers Note: We have been tracking delays and interference in the ability for companies to build pipelines. It is nice to share good news once and a while.
Enbridge Inc. has won a contest with …
360 Feedwire
BERLIN, July 15, 2020 /PRNewswire/ — The German transmission grid needs to quickly and significantly increase its transfer capacity to successfully manage an increasing level of renewables and deliver on the Clean Energy package.
German transmission system …
TEL AVIV, Israel , July 15, 2020 /PRNewswire/ — Ellomay Capital Ltd. (NYSE Americ…
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Saudi Aramco has launched a reorganisation of its downstream business with the aim of maximising value.
The company expects to complete the work by the end of the year.
Aramco Downstream’s senior vice president Abdulaziz M. Al Gudaimi said …
360 Feedwire
The launch was attended by Mohammad Sanusi Barkindo, OPEC Secretary …
