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US Trade Body Awards Grant to Accelerate India’s Use of Natural Gas, Improve Energy Access
April 21, 2020
A federal US trade body announced to award a grant to an Indian company to accelerate its use of natural gas and improve energy access to support economic growth. Under the grant, the US Trade and Development Agency (USTDA) will
Opec Agrees to Ten Million Barrels Per Day Production Cut
April 14, 2020
The Organization of the Petroleum Exporting Countries (Opec) and its allies have reached a deal to cut crude oil production by ten million barrels per day (bpd) for the months of May and June amid the falling demand for the
Wishing Everyone a Blessed Easter Holiday!
April 10, 2020
May His love fill us with renewed hope and eternal love. May your heart and soul be blessed with the holy spirit of Easter time! Rejoice and celebrate the miracle and triumph of Christ’s resurrection. May God fill your home
Santos to Defer FID on Barossa Gas Project, Slashes 2020 Budget
April 6, 2020
Santos said that it will defer its final investment decision (FID) on the Barossa gas project offshore Australia and also cut its budget for this year owing to the prevailing low prices for oil and also the COVID-19 outbreak. As
Woodside Reduces 2020 Expenditure By 50%, Defers FIDs on Multiple Projects
April 6, 2020
Woodside has announced a reduction of nearly 50 percent in its 2020 total expenditure to about $1.46 billion owing to the disruptions caused by COVID-19 and declining prices of oil and liquefied natural gas (LNG). The Australian natural gas producer
Offshore Union RMT Demands Urgent Action as Oil and Gas Workforce Falls Amid COVID-19
April 6, 2020
Offshore union RMT is demanding urgent and immediate action as operators rush to slash jobs and contracts in response to the Coronavirus emergency and the oil price war which has driven oil to below $25 per barrel. There are reports
UK Oil & Gas Seeks Approval to Drill Arreton Oil Discovery
April 6, 2020
Oil and gas exploration company UK Oil & Gas (UKOG) is seeking approval from the Isle of Wight Council for the appraisal drilling and flow testing of the Arreton oil discovery located in Petroleum Exploration Development License 331. The application
JOGMEC, JX Nippon, and Petronas to Study Development of High CO2 Gas Fields, Malaysia
March 31, 2020
Japan Oil, Gas and Metals National Corporation (JOGMEC) has signed an agreement with Malaysia’s JX Nippon Oil & Gas Exploration, and oil and gas company Petronas to jointly study the development of high CO2 gas fields in Malaysia. The partners
Spirit Energy Expands Production with Two New Wells, North Sea
March 30, 2020
Spirit Energy has increased its production by bringing online two new wells at its fields in North Sea. The company has started gas production at the new C6 well at its Chiswick field in the Southern North Sea. The new
Sinopec Joins Global Fight Against COVID-19, Shipping Over 10,000 Tonnes of Disinfectant
March 25, 2020
As the world battles the COVID-19 pandemic, Sinopec has shown support and solidarity to the international community by supplying 10,256 tonnes of much-needed bleaching powder to countries grappling with an outbreak. To date, Sinopec Jianghan Salt & Chemical Complex has
