Multi-billion projects at stake: Another blow for UK’s largest untapped oil & gas duo but Shell, Equinor, and Ithaca remain upbeat
Which side will come on top is not yet clear, but it is unlikely that either will throw in the
All posts by Melisa Cavcic
Read More »
Melisa Cavcic
03:20
With final say on arbitration due by August-end, Chevron readying for ‘prompt close’ of Hess merger in 2025
Chevron is confident that its rival, Hess Corporation, will emerge as the winner in the ongoing arbitration proceedings the remaining
Melisa Cavcic
09:25
$1.3 trillion windfall coming up on America’s GDP horizon with LNG bonanza
With 14 multibillion-dollar projects lined up on the LNG export menu, America seems poised to reach the $1.3 trillion gross
Melisa Cavcic
12:20
Workforce cuts on the rise: Oil & gas giants’ cost-saving quests fuel layoffs’ wave
Price volatility, rise in costs, climate change, energy transition agendas, rising power demand, and emerging technologies and innovations, including market
Melisa Cavcic
21:20
CNOOC earmarks up to $19 billion for oil & gas, offshore wind, solar, and AI-integrated plays
China's CNOOC has set out its multibillion-dollar business strategy and development plan for 2025. The post CNOOC earmarks up to
Melisa Cavcic
16:20
Petronas moves forward with oil field development in Indonesian waters
Petronas has confirmed a final investment decision (FID) for an oil field in the North Madura II contract area, East Java,
Melisa Cavcic
11:22
BP eyes first gas months earlier with subsea ops already underway, as Valaris rig moves to next well
UK-headquartered energy giant BP has wrapped up drilling activities at two wells, targeting to bring them on stream next month.
Melisa Cavcic
10:20
BP shuts down production at offshore platform, Azerbaijan cuts off gas supplies to Bulgaria and Serbia
A pipeline malfunction has forced BP, the UK-headquartered energy giant, to temporarily stop production from a platform at one of
Melisa Cavcic
10:20
Namibia’s Orange Basin still oil-rich but Shell’s discovery deemed ‘commercially unfeasible’
Shell has decided to write down $400 million, citing technical and geological difficulties encountered at the petroleum exploration license (PEL)
Melisa Cavcic
07:20
UK hits Chinese oil & gas giant’s European arm with £125K fine in flaring and venting clampdown
North Sea Transition Authority (NSTA) has imposed a penalty of £125,000 on a European affiliate of China’s state-owned oil and
