Turkey plans oil and gas exploration off Cyprus despite warning
The tensions worsened when a senior Cypriot official said that Nicosia will issue arrest warrants ‘for all involved’ in drilling operations...
Tag : oil and gas
Trump’s executive orders to revive US energy sector and jobs
Trump’s orders are in line with the Republican strategy to increase US energy sector jobs...
Growing disruption underpins distress across industries: AlixPartners Survey
New technology, rapid-fire shifts in consumer behavior, changing regulation, a fragile global economy, the spectre of trade barriers, and tectonic changes like Brexit all threaten to significantly impact companies and re-shape sectors...
Russian gas major Gazprom’s profits soar five fold to $3.8 billion
Second-quarter net profit jumped to the current amount from $708 million in the year-earlier period...
Europe’s natural gas prices surge to records for summer season
Higher-than-expected summer demand and a tighter market drive natural gas price to record levels last seen during this past winter’s supply crunch...
Africa Oil Week to present myriad opportunities for oil and gas sector
“On top of the 13 confirmed ministers who will lead delegations to Africa Oil Week, we now have a partnership with the government of Uganda to host a huge opportunity for the global private sector," says conference director Paul Sinclair...
Gazprom is investing more in Oil and Gas than Exxon
The Russian, state-controlled natural gas giant leads a ranking of oil and gas big spenders with an estimated capex of $160 bn on 84 oil and gas projects worldwide...
Proposed oil, gas pipelines from Russia to China via Mongolia
"We plan to upgrade the Ulaanbaatar Russian−Mongolian railway and adjacent sections. We are developing an upgrade project for this railway through 2030," says Putin...
Shell publishes new report on strategy for energy transition
The report provides examples of how Shell is already active in many of the growth areas that will drive its continued success and resilience...
Bahrain announces its newfound oil & gas reserve the largest in its region
The Kingdom of Bahrain procures 80% of its revenue from oil, and gets 150,000 bpd from the Abu Safa oilfield in part...