Libya’s biggest oil field stopped producing just one week after it reopened, forcing the OPEC member to declare force majeure at a key export terminal.
Source: Offshore
Libya Halts Sharara Oil Loadings as Biggest Field Shuts Down
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The shale oil boom has transformed the US and global energy sector to such an extent that it has upended traditional supply dynamics and made forecasts far more polarized.
Source: Offshore
Oil Surplus Or Scarcity? Shale Makes It Even Harder To Predict
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Japan begins preparations for a second production test to extract methane gas from methane hydrate deposits offshore Japan’s central coast.
Source: Offshore
Japan To Conduct Second Test To Produce Gas From Methane Hydrate
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Brexit will ‘negatively impact’ the ability of the North Sea’s oil and gas sector to fulfil the vision set out for the UKCS by its industry regulator, Scottish Energy Minister Paul Wheelhouse says.
Source: Offshore
Energy Minister: Brexit Will 'Negatively Impact' North Sea Oil Sector
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Petronas has pitched an estimated $1 billion stake in a prized upstream local gas project to potential bidders including Royal Dutch Shell and ExxonMobil Corp.
Source: Offshore
Petronas Pitches B Offshore Gas Project Stake To Oil Firms
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BP plc employed 74,500 people in 72 different countries in 2016, all of whom helped the company produce 3.3 million barrels of oil equivalent per day, according to a BP statement.
Source: Offshore
BP Employs 74,500 People in 2016, Produces 3.3MM Boepd
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ANP will submit next month the calculations to base the revision of a large contract with Petrobras known as the Transfer of Rights, the Energy Minister Fernando Coelho Filho says.
Source: Offshore
Brazil To Get Data For Revision Of Large Petrobras Contract In May
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Sonatrach and Total sign a new deal to strengthen their existing partnership and have agreed to settle earlier disputes.
Source: Offshore
Total Signs New Deal With Algeria's Sonatrach And Settles Earlier Disputes
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The countdown has begun as on 12 July, the Trump administration will decide whether or not it will eliminate economic and financial sanctions on Sudan for the first time in its 20-year bloody history Source: African Review Osama Faisal: "Sanction relief is a 'win win situation' not just for Sudan but for the whole world"…
DetailsUS drillers added oil rigs for a 12th week in a row, extending the recovery into an 11th month as energy companies boost spending on new production to take advantage of a recovery in crude prices.
Source: Offshore
Baker Hughes: US Drillers Add Oil Rigs For 12th Straight Week
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