Oil and Gas
OMV announces major gas discovery in the Norwegian Sea
This major gas discovery in the Norwegian Sea has an estimated value of up to 140 million barrels of oil equivalent.
Latest Oil and Gas News
Oil and Gas
Company seeks to build new ethane cracker plant in Louisiana
Shintech, a subsidiary of Shin-Etsu Chemical, has filed a permit application with the Louisiana Department of Environmental Quality (LDEQ) to construct a new ethane…
Oil and Gas
Proposed law seeks to ban fracking in Colombia
The project has obtained the support of both pro-government and center-right political parties.
Environment
Chevron expands CCS portfolio with greenhouse gas assessment permit in Western Australia
Obtaining the greenhouse gas assessment license in Western Australia boosts the company's offshore carbon capture and storage (CCS) strategy.
Oil and Gas
Dozens of NGOs accuse UK offshore oil and gas licenses of “illegality”
The legal action is supported by organizations such as Greenpeace and Friends of the Earth.
Oil and Gas
Vår Energi’s Balder X project suffers production delay
Balder X will allow the Balder field to continue producing oil beyond 2045, ensuring the extraction of approximately 150 million additional barrels.
Oil and Gas
Norway plans to increase oil and gas exploration and production through 2050
Maintaining Norway's competitiveness as an oil and gas producer will depend on exploration and production from existing infrastructure and additional resources.
Oil and Gas
Eni starts gas production at the Argo Cassiopea field in Sicily
All gas production at Argo Cassiopea takes place underwater, minimizing visual impact and maintaining near-zero emissions.
Oil and Gas
Petrobras signs contract to acquire subsea equipment in the Roncador Field
This equipment is essential for offshore oil and gas production.
Oil and Gas
Valeura Energy starts oil production at Nong Yao C in the Gulf of Thailand
Oil production targets at Nong Yao C are to exceed 11,000 barrels per day in the coming months.
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