APA Corp.’s Confidence Grows in Developing Suriname Oil Hub
APA Corp.’s confidence is growing offshore Suriname, where the company sees the potential to develop the South American country’s first offshore oil hub while it continues to run five rigs in the Permian Basin.
TotalEnergies Among Investors in Zhero Europe Renewable Energy Projects
A spate of companies including TotalEnergies, Baker Hughes and Technip Energies signed a preliminary agreement to invest in Zhero Europe’s renewable energy projects.
Eni Resumes Production in Three Libyan Exploration Assets
Eni’s security risk assessment of the exploration assets yielded positive results and the force majeure was lifted.
E&P Highlights: July 24, 2023
Here’s a roundup of the latest E&P headlines, including ramping up production offshore Gabon and delays for Sangomar offshore Senegal in the upstream oil and gas industry.
Oil Steadies as Investors Eye US Crude Supplies
Prices fell more than 1.5% on July 17 following lackluster economic data from China, the world’s largest oil importer, as well as the partial restart of some Libyan oilfields.
E&P Highlights: July 17, 2023
Here’s a roundup of the latest E&P headlines, including the Jubilee South East project reaching production of 100,000 bbl/d and new contract awards in the upstream oil and gas industry.
What's Affecting Oil Prices This Week? (July 17, 2023)
Oil prices are being affected by production shutdowns in Libya, inflation falling in the U.S. and the sentiment of oil traders.
Brent Oil Hovers Above $81 After Supply Disruptions
Global benchmark Brent crude hovered above $81/bbl on July 14, with bullish sentiment over U.S. demand bolstered by supply disruption in Libya and Nigeria.
Jubilee South East Goes Onstream
The $1 billion subsea development offshore Ghana is expected to deliver over 1 Bboe in production, field partner says.
E&P Highlights: July 10, 2023
Here’s a roundup of the latest E&P headlines including progress redeveloping the Tyra Field and new contract awards in the upstream oil and gas industry.