China and Russia Power Iran’s Next Oil Surge
There are three reasons behind recent announcements from Iran that it is targeting big oil and gas production…
Appalachian gas returns to steady growth
New pipeline projects will boost egress from the region as the gas market expands amid datacentre demand and…
Why China’s Oil Production Keeps Growing Despite Lower Oil Prices
Over the past couple of years, China’s oil industry has revealed a peculiar trend, with production maintaining an…
Equinor granted drilling permit for well 6407/1-B-2 H
The Norwegian Offshore Directorate has granted Equinor a drilling permit for well 6407/1-B-2 H in production licence PL 1121.…
Annual US Crude Production Sets New Record in 2024, But Growth Pace Slows: EIA
The United States pumped an all-time high of 13.3 million barrels per day (bpd) of crude oil in…
Saudi, Argentina, and China Push to Tap Giant Shale Reserves
Over the past decade, the United States has become the world’s biggest crude oil producer and the top…
Despite Delays Suriname’s Oil Boom is Fast Becoming a Reality
It is a long time coming, but the impoverished South American country of Suriname is poised to enjoy…
Is China Moving Into Position To Take Over Iraq’s Key Oil Project From The West?
The Common Seawater Supply Project (CSSP) is the key to unlock massive gains in oil output from Iraq.…
Big Oil’s “Managed Decline” Strategy Masks An Expansion Push
For years, the talk in boardrooms and investor presentations has been about “discipline” and “capital efficiency.” These are…
Vaca Muerta Shrugs Off Frac Cuts With Record Oil and Gas Gains
Argentina’s booming Vaca Muerta shale play isn’t immune to the decline in oil prices and company spending this…
U.S. Majors Cash In as Permian Dominance Widens the Oil Gap
Upstream oil and gas—industry-speak for the exploration and production end of the business—has always been a game of…
bp sells U.S. onshore wind business, continuing pivot back to oil and gas
(Bloomberg) — bp Plc has agreed to sell its U.S. onshore wind business to LS Power, as the…