Feed on Feeds - Shared Items from News Oil & GAS by Jadel Ltd

South Hook is seeking to broaden its sources of supply as robust Asian demand diverts cargoes from Qatar.
Echo Energy plc announces a gas discovery at the ELM-1004 exploration well, which is located at the company's Fracción C asset onshore Argentina.
Oil prices fell, but Brent crude marked its sixth straight week of gains.
Justin Trudeau's pipeline nightmare may be only getting started.
Hyundai Oilbank will expand its heavy oil upgrading capacity during a scheduled maintenance in August.
Russian energy companies have been increasingly shifting their focus to petrochemicals in a drive to capitalize on the fast-growing sector.
Petrobras may raise its capital expenditure program.
Flow testing at SDX Energy Inc's Ibn Yunus-1X discovery, located within South Disouq in Egypt, exceeds the company's expectations.
BP and ConocoPhillips are in discussions for an asset swap deal, according to sources.
Echo Energy plc announces a gas discovery at the ELM-1004 exploration well, which is located at the company's Fracción C asset onshore Argentina.
Oilfield service firm Petrofac Ltd secures more than $1.7 billion of new orders so far this year.
Ophir Energy plc announces that Nicholas Cooper, its current chief executive officer and executive director, has stepped down from the board with immediate effect.
Putin says he would stand up to any attempts by US President Donald Trump to block a Russian-German gas pipeline project.
Ophir Energy plc announces that Nicholas Cooper, its current chief executive officer and executive director, has stepped down from the board with immediate effect.
The executive chairman of Union Jack Oil plc says the company was 'delighted' by the Secretary of State for Business, Energy and Industrial Strategy's recently released written statement on UK shale.
Ophir Energy plc announces that Nicholas Cooper, its current chief executive officer and executive director, has stepped down from the board with immediate effect.
The US oil rig count held steady this week after rising for 6 weeks in a row even as crude prices soar to multi-year highs.
The executive chairman of Union Jack Oil plc says the company was 'delighted' by the Secretary of State for Business, Energy and Industrial Strategy's recently released written statement on UK shale.
Flow testing at SDX Energy Inc's Ibn Yunus-1X discovery, located within South Disouq in Egypt, exceeds the company's expectations.
BP and ConocoPhillips are in discussions for an asset swap deal, according to sources.
Oil prices fell, but Brent crude marked its sixth straight week of gains.
Saudi Arabia says it is consulting other oil producers in and outside OPEC to ensure the world has adequate supplies to support economic growth.
Saudi Arabia says it is consulting other oil producers in and outside OPEC to ensure the world has adequate supplies to support economic growth.
Echo Energy plc announces a gas discovery at the ELM-1004 exploration well, which is located at the company's Fracción C asset onshore Argentina.
The US oil rig count held steady this week after rising for 6 weeks in a row even as crude prices soar to multi-year highs.
The executive chairman of Union Jack Oil plc says the company was 'delighted' by the Secretary of State for Business, Energy and Industrial Strategy's recently released written statement on UK shale.
Oilfield service firm Petrofac Ltd secures more than $1.7 billion of new orders so far this year.
Petrobras may raise its capital expenditure program.
Ghana is set to award nine new upstream oil blocks for commercial exploration off its western coast beginning this year.
Oil firms that have won drilling rights during Mexico's landmark energy reforms have made little progress on developing the projects.
Land acquisition has always been a contentious issue in rural India.
Faroe Petroleum plc completes the sale of its 17.5% working interest in the Fenja development, located in PL586 in the Norwegian Sea.
The Secretary of State for the UK's Business, Energy and Industrial Strategy department issues his backing for the UK's onshore shale gas industry and set out a series of actions to support the sector.
U.S. investment fund Harbour Energy formalises its $10.36 billion bid for Australia's Santos Ltd on Thursday but fails to sweeten its offer.
ENN is seeking a commissioning cargo for the country's first privately owned LNG import terminal.
Oil prices climbed above $80 a barrel for the first time since November 2014.
Oil prices climbed above $80 a barrel for the first time since November 2014.
Faroe Petroleum plc completes the sale of its 17.5% working interest in the Fenja development, located in PL586 in the Norwegian Sea.
Drilling in the South China Sea by Rosneft is within Vietnamese territorial waters, the Russian state oil firm says.
A study into the body sizes of UK offshore workers on board various helicopter crafts has been given the William Floyd Award for outstanding and innovative contributions to ergonomics and human factors.
A study into the body sizes of UK offshore workers on board various helicopter crafts has been given the William Floyd Award for outstanding and innovative contributions to ergonomics and human factors.
The Secretary of State for the UK's Business, Energy and Industrial Strategy department issues his backing for the UK's onshore shale gas industry and set out a series of actions to support the sector.
Oil firms that have won drilling rights during Mexico's landmark energy reforms have made little progress on developing the projects.
Ghana is set to award nine new upstream oil blocks for commercial exploration off its western coast beginning this year.
Oil prices are now in the top half of the cycle, with benchmark Brent trading above $80 per barrel for the first time since November 2014.
President Trump's nominee for the top US State Department job dealing with matters related to energy and the global oil industry was approved by a Senate committee.
Crude settled at the highest since 2014 as shrinking US oil, gasoline and diesel stockpiles signaled tightening global supplies.
Norway is not happy with the asset swap deal between Austria's OMV and Gazprom that would give the Russian gas giant access to the Norwegian continental shelf.
Total says it will not risk investing in Iran following the return of US sanctions, unless it can secure a waiver.
Global demand for oil is likely to moderate this year, as the price of crude nears $80 a barrel and many key importing nations no longer offer consumers generous fuel subsidies, the IEA says.
Which downstream employers do Rigzone survey participants think are most desirable to work for?
The price of Brent Crude oil will average between $80 and $90 per barrel in the 2020s, according to oil and gas analysts at BMI Research.
Norwegian production drops month-on-month in April, according to preliminary output figures released by the Norwegian Petroleum Directorate.
Chevron extends invitation to Woodside and Shell to collaborate on shared infrastructure development.
The price of Brent Crude oil will average between $80 and $90 per barrel in the 2020s, according to oil and gas analysts at BMI Research.
Wintershall Norge AS submits a $1.2 billion plan for development and operation for the North Sea Nova field.
The DTM-3 appraisal well, located at the Tortue field within the Dussafu License offshore Gabon, encounters approximately 98-feet of hydrocarbon-bearing reservoir.
The risk of OPEC, non-OPEC production deal compliance slippage has increased with U.S. President Trump's decision to withdraw from the Iranian nuclear accord, analysts say.
More than 500 oil and gas industry jobs will be sustained or created in Scotland over the next 6 years as a direct result of OGIC's support for research and development.
Physical markets for oil shipments tell a different story.
With sanctions barring Russia's largest oil producer from offshore extraction with Western companies, Rosneft is looking to its operations in Vietnam for the experience needed to expand its global reach.
Statoil's name change is edging closer.
Santos Ltd's suitor Harbour Energy says it is working with its target's top shareholders toward sealing a takeover offer for the Australian gas producer.
More than 1,000 XTO Energy employees will relocate to Houston after the company closes the doors to its Fort Worth headquarters this summer.
Poor mental health in the oil and gas industry is at an all-time high, says The Sober Advantage's David Steward.
The DTM-3 appraisal well, located at the Tortue field within the Dussafu License offshore Gabon, encounters approximately 98-feet of hydrocarbon-bearing reservoir.
UK oil and gas workers still feel discriminated against when trying to find jobs outside the sector, according to a new poll.
More than 1,000 XTO Energy employees will relocate to Houston after the company closes the doors to its Fort Worth headquarters this summer.
UK oil and gas workers still feel discriminated against when trying to find jobs outside the sector, according to a new poll.
Poor mental health in the oil and gas industry is at an all-time high, says The Sober Advantage's David Steward.
More than 500 oil and gas industry jobs will be sustained or created in Scotland over the next 6 years as a direct result of OGIC's support for research and development.
Oil prices settled a shade firmer after retreating from multi-year highs hit early in the day.
The risk of OPEC, non-OPEC production deal compliance slippage has increased with U.S. President Trump's decision to withdraw from the Iranian nuclear accord, analysts say.
Ophir Energy plc enters into a farm-out agreement with Kosmos Energy for the EG-24 exploration license in Equatorial Guinea.
Yemen's armed Houthi movement launch a missile at a distribution center belonging to oil giant Saudi Aramco, the group's al-Masirah TV reports.
Proserv completes a financial restructuring, which it says has strengthened its long-term plans.
Oil prices rose as OPEC reported that the global oil glut has been virtually eliminated.
US shale production is expected to rise by about 145,000 barrels per day.
Ophir Energy plc enters into a farm-out agreement with Kosmos Energy for the EG-24 exploration license in Equatorial Guinea.
Statoil ASA says it expects to implement its name change to Equinor ASA from, and including, May 16.
The Scottish government claims that it has not issued a ban on fracking in Scotland, according to Tom Pickering, operations director at Ineos Shale.
Bowleven plc says a 2 well appraisal drilling campaign on Cameroon's Etinde asset is due to commence at the end of May.
Capital spending with free cash flow, rather than debt, is a hallmark of the 'new normal.'
Bowleven plc says a 2 well appraisal drilling campaign on Cameroon's Etinde asset is due to commence at the end of May.
The Trump administration will propose sweeping changes to the nation's biofuel policy, a source says.
JXTG Holdings, Japan's biggest oil refiner, will likely turn to other Middle Eastern suppliers to meet shortfalls if it has to curb Iranian crude purchases after the resumption of U.S. sanctions on Tehran.
Vitol's future growth will increasingly be driven by gas and LNG, especially in emerging markets, as peak oil demand approaches, its head of gas and power investments says.
The emphasis is shifting in downstream projects in the Middle East.
The Scottish government claims that it has not issued a ban on fracking in Scotland, according to Tom Pickering, operations director at Ineos Shale.
US energy companies added oil rigs for a sixth week in a row as crude prices continue to soar to multi-year highs.
US energy companies added oil rigs for a sixth week in a row as crude prices continue to soar to multi-year highs.
Capital spending with free cash flow, rather than debt, is a hallmark of the 'new normal.'
Reach Subsea hails its workforce after securing a 5 year frame agreement with Statoil for inspection, maintenance and repair services.
Subsea UK Chief Executive Neil Gordon says it is 'encouraging' to see that the UK O&G sector will continue to need tens of thousands of new people over the next 20 years.
Bowleven plc says a 2 well appraisal drilling campaign on Cameroon's Etinde asset is due to commence at the end of May.
The emphasis is shifting in downstream projects in the Middle East.
Crude prices fell in a see-saw session, retreating after early gains.
The geologist who earned the wrath of shale drillers a decade ago with forecasts that natural gas was about to run out is now warning that the Permian Basin has just seven years of proven oil reserves left.
The Scottish government claims that it has not issued a ban on fracking in Scotland, according to Tom Pickering, operations director at Ineos Shale.
Subsea UK Chief Executive Neil Gordon says it is 'encouraging' to see that the UK O&G sector will continue to need tens of thousands of new people over the next 20 years.