Occidental to sell certain Permian Basin acreage to Colgate Energy
The assets to be acquired by Colgate have a current production capacity of approximately 10,000boepd.
Fossil
Quantum computing beginning to make inroads in the oil and gas industry
Many companies such as ExxonMobil, Total, Shell and BP are opting for quantum computing, which...
Enbridge to sell stake in gas distributor Noverco for $943m
Subject to completion of the deal in early 2022, Trencap will fully own Noverco.
Another year, another rise in climate tensions at big oil AGMs
Years of rising support for climate-based resolutions have started to deliver change for investors and...
McDermott completes work on KG-D6 Satellite Cluster Project in India
The KG-D6 Satellite Cluster Project is located in the Krishna Godavari Basin, off the east...
Karoon Energy takes FID to develop Patola Project offshore Brazil
Australian company Karoon Energy has taken the final investment decision (FID) to develop the Patola Project in the Santos Basin, offshore Brazil. The development will entail an investment of around…
Renewable power becoming a promising avenue for oil and gas majors
GlobalData’s latest thematic report, ‘Renewable Power in Oil and Gas’ provides an outlook for renewable power technologies around the world along with the role played by leading oil and gas…
Sakhalin Energy begins maintenance of largest production platform
Russia’s Sakhalin Energy has commenced the annual maintenance of the Piltun-Astokhskaya-B (PA-B) offshore platform. The PA-B platform, the largest oil and gas production platform of the Sakhalin-2 project, will remain…
Equinor secures drilling permit for well 6407/1-9 in North Sea
Equinor Energy has secured permission from the Norwegian Petroleum Directorate (NPD) to drill an exploration well in the North Sea. The company will drill well 6407/1-9 using West Hercules drilling…
Gazprom resumes oil production in Libya
The Russian majority state-owned multinational energy corporation Gazprom has resumed oil production in Libya following a ten-month hiatus. The ports, export terminals and production facilities in Libya have gradually restarted…
T&T is at risk of undersupplying its downstream demand of feedstock natural gas
The oil and gas sector of Trinidad and Tobago (T&T) is dominated by the production of natural gas and exports of liquified natural gas (LNG). Natural gas production in the…
