Biden Administration Reveals Plans To Refill Oil Reserve

Friday, May 06, 2022 - 7:31 AM

The Biden administration announced a plan Thursday to begin purchasing oil to refill the nation's emergency reserve.

Cheniere Pens Cheniere Stage III Gas Supply Deal With ARC

Friday, May 06, 2022 - 3:26 AM

Cheniere Energy has secure 140,000 MMBtu per day of natural gas for its Corpus Christi Stage III project through a deal with ARC Resources.

Aker BP Becomes Operator Of All NOAKA Area Discoveries

Friday, May 06, 2022 - 3:03 AM

Equinor and Aker BP have agreed to make the latter the operator of all discoveries in the NOAKA area.

Equinor Dishes Out Over $2 Billion In Contracts

Friday, May 06, 2022 - 2:53 AM

Equinor is extending its contracts with Baker Hughes, Halliburton, and Schlumberger for integrated drilling and well services on its fields on the Norwegian continental shelf.

U.S. Shale Cash Flow About to Wipe Out A Decade Worth Of Losses

Friday, May 06, 2022 - 2:28 AM

U.S. shale oil and gas producers are on the cusp of making back their losses from the last decade.

U.S. DOE Investing $2.3 Billion To Cut Carbon Dioxide Pollution

Friday, May 06, 2022 - 2:12 AM

The U.S. Department of Energy has announced more than $2.3 billion for the advancement of diverse carbon management approaches that reduce CO2 pollution.

Gastrade Kicks Off Alexandroupolis FSRU Project Realization

Thursday, May 05, 2022 - 2:41 PM

The kickoff for the realization of Gastrade's LNG FSRU in Alexandroupolis took place in the Alexandroupolis Port Customs on May 3, 2022.

Oil Steadies on Supply Worries as EU Plans Russian Sanctions

Thursday, May 05, 2022 - 2:00 PM

Oil settled at the highest in nearly three weeks after a volatile session that saw the market eventually pivot back to supply concerns stemming from a European Union's proposal to sanction Russian oil.

Maersk Drilling Finds Work For Jack-Up Rig With Aker BP

Thursday, May 05, 2022 - 9:32 AM

Maersk Drilling has won a contract with Aker BP for the jack-up rig Maersk Invincible for work on the Ivar Aasen field off Norway.

Kongsberg Vessel-to-Cloud Infrastructure Picked For 100 Ships

Thursday, May 05, 2022 - 9:07 AM

Over 100 vessels will be getting Kongsberg Digital's vessel-to-cloud infrastructure, Vessel Insight.

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