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
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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
Melisa Cavcic
07:21
ExxonMobil to stay busy with Guyana’s deepwater oil & gas development ops in 2025
With nearly $55 billion committed to the development of six government-sanctioned projects, ExxonMobil is going to remain hard at work during
