oil and gas

Maersk Drilling selected for two-rig Suriname campaign by Total

November 26, 2020

Maersk Drilling has received a conditional letter of award (CLOA) from Total E&P Suriname, Suriname Branch for the supply of two deepwater rigs,......

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Oil prices rise as vaccine optimism sustains rally despite stockpile gain

November 26, 2020

TOKYO - Oil rose for the fourth straight session on Wednesday as the market shrugged off an industry report showing U.S. crude stockpiles rose more......

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Aker BP and Cognite Pioneer Robotics Deployment Offshore to Transform Oil and Gas Industry with Autonomous Mission

November 25, 2020

Cognite a global industrial AI software-as-a-service (SaaS) company supporting the full-scale digital transformation of heavy-asset industries around......

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TrønderEnergi takes majority stake in Scandinavian Biogas

November 23, 2020

Norwegian energy company TrønderEnergi has become the largest shareholder in Scandinavian Biogas, a leading producer of biogas in the Nordics.......

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Public money guarantees ‘risky’ fossil fuel projects: Experts

November 16, 2020

Energy firms are undertaking financially risky natural gas extraction projects from the Arctic to Africa made feasible by government-backed loans......

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Over $27bn in loses in Saudi due to oil price crash

November 15, 2020

Saudi Arabia will lose more than 100 billion riyals (over $27 billion) in 2020 due to the fall in crude oil prices this year amid the COVID-19 pandemic,......

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Germany’s gas demand to top 110 Bcm by 2034 and Nord Stream 2 is the cheapest new supply option

November 12, 2020

OSLO — Germany’s gas demand, which is currently just above 90 billion cubic meters (Bcm) per year, is set to increase to more than 110......

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Nigeria to reform oil and gas industry to weather market uncertainties

November 12, 2020

Nigeria, an Opec+ member and Africa’s biggest oil producer, is reforming its oil and gas sector to help it weather market uncertainties, according......

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ADNOC LNG signs long-term LNG supply agreements with Vitol and Total

November 12, 2020

ABU DHABI, 11th November, 2020 (WAM) -- ADNOC LNG has signed up to a six-year supply agreement with Vitol for the sale of 1.8 million tonnes per......

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NuScale Power Announces an Additional 25 Percent Increase in NuScale Power Module™ Output; Additional Power Plant Solutions

November 11, 2020

NuScale Power today announced that through further value engineering efforts, using advanced testing and modeling tools, NuScale analyzed and concluded......

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