Oil and Gas
Chevron pulls out of the North Sea after 55 years
Chevron owns a 19.4% interest in the Clair field, the largest in the British North Sea.
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Oil and Gas
Qatar secures more LNG contracts this year
Qatar plans to increase its LNG production capacity to 142 million tons per year.
Oil and Gas
Russia discovered oil and gas reserves in Antarctica
The oil reserves discovered are equivalent to ten times the production of the North Sea in the last 50 years.
Oil and Gas
India extends bidding deadlines for 28 oil blocks
Some market analysts suggest that a lack of investor interest could be a determining factor.
Oil and Gas
ExxonMobil Set to Launch Oil Exploration in Angola
The Likembe-01 well reached a final depth of 3,013 meters, crossing Miocene formations and confirming the presence of oil.
Oil and Gas
South Africa Sees First Natural Gas-to-Power Conversion Success
The quality of the gas used is high, with a calibrated meter showing almost 99% methane and only 1% nitrogen.
Oil and Gas
China wins key oil and gas contracts in Iraq
Iraq is seeking to increase its local production of petrochemicals and reduce its dependence on gas imports from Iran.
Oil and Gas
An oil platform anchored in the port of Montevideo
The Posh Xanadu oil platform has a capacity for 700 people.
Oil and Gas
Maritime dismantling work completed in Thailand
Real-time cut verification technology reduced cut times by 50%.
Oil and Gas
Australia Plans to Use Gas Beyond 2050 Despite Zero Emissions Goal
Natural gas accounts for 27% of Australia's energy market and 14% of the country's export earnings.
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