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Reuters reported that China’s demand for natural gas will continue to soar toward 2040, outstripping domestic output by around 43 percent, according to an International Energy Agency (IEA) report.

Posted By : Rabi Wangkhem 2 days 18 hours 41 minutes ago
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The OPEC Reference Basket surged near 10% to USD 60.74/b in November, its highest since June 2015. Crude futures prices improved further to levels not seen since summer 2015.

Posted By : Rabi Wangkhem 2 days 18 hours 43 minutes ago
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BHP, the world’s largest miner, has asked four investment banks to help it prepare for either a sale or spin-off of its underperforming US shale oil and gas unit, with a view to taking a decision in early 2018.

Posted By : Rabi Wangkhem 2 days 18 hours 45 minutes ago
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Reuters reported that US dry natural gas production was forecast to rise to 73.55 billion cubic feet per day in 2017 from 72.85 bcfd in 2016, according to the Energy Information Administration's (EIA) Short Term Energy...

Posted By : Rabi Wangkhem 2 days 18 hours 46 minutes ago
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Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, provides an operational update prior to its 31 December year end.

Posted By : Rabi Wangkhem 2 days 18 hours 48 minutes ago
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Europa Oil & Gas (Holdings) plc, the UK and Ireland focussed exploration, development and production company, announced an update on its 100% owned Licensing Option (‘LO’) 16/20 in the Slyne basin, offshore Ireland...

Posted By : Rabi Wangkhem 2 days 18 hours 50 minutes ago
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Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway, the UK and Atlantic Margin, reports that production from the Tambar field in...

Posted By : Rabi Wangkhem 2 days 18 hours 51 minutes ago
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A regular meeting of the Joint Coordinating Committee (JCC) of Gazprom and CNPC moderated by Mr Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee, and Wang Dongjin, Vice President of CNPC, took place...

Posted By : Rabi Wangkhem 2 days 18 hours 53 minutes ago
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Repsol and Microsoft signed a strategic agreement that will allow the energy company to advance its digitalization process, and allow the software and cloud computing company to develop innovative solutions for the...

Posted By : Rabi Wangkhem 2 days 18 hours 55 minutes ago
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Bibby Offshore, a leading subsea services provider to the oil and gas industry, has successfully completed a multi-million pound contract with Maersk Oil UK, providing both subsea structure and pipeline inspection...

Posted By : Rabi Wangkhem 2 days 18 hours 56 minutes ago
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