More Top Stories in Exporation & Production

US Investors Form Venture to Pursue Oil and Gas Projects in Venezuela

U.S.-based Gramercy Funds Management and Atmos Global Energy said their JV would work with an arm of Inelectra Group, which holds a stake in the Gulf of Paria East oil project off Venezuela’s eastern coast.

July 6, 2022

Op-ed: America Is in Uncharted Waters Without Final Offshore Leasing Program

NOIA President Erik Milito discusses the need for policies that enable the development of domestic oil and gas supplies, promote the energy transition and strengthen national security, including a timely leasing program.

July 6, 2022

Explosion at Giant Tengiz Oil Field in Kazakhstan, Two Killed

Tengiz is Kazakhstan’s largest oil field, operated by the country’s top oil venture Tengizchevroil, in which Chevron Corp. holds a 50% stake.

July 6, 2022

What Biden and Oil Producers Can Actually Do to Lower Pump Prices

In an exclusive video interview with Hart Energy, Baker Botts’ Clint Rancher discusses steps that the Biden administration and oil and gas industry can collectively take to lower soaring gasoline prices.

July 6, 2022

QatarEnergy Selects Shell as Final Partner in Mega LNG Project

QatarEnergy’s agreement with Shell this month is the last related to the $28.8 billion North Field East expansion project, the world’s single largest LNG project.

July 5, 2022

Canadian Oil Regulator Charges Exxon Mobil-owned Hibernia for 2019 Oil Spill

The Canada-Newfoundland and Labrador Petroleum Board laid three charges against Hibernia for a spill that occurred in July 2019. Exxon Mobil is the biggest Hibernia shareholder with a 33% stake.

July 5, 2022

Norway Oil Workers End Strike as Government Steps In

“Norway plays a vital role in supplying gas to Europe, and the planned escalation [of the strike] would have had serious consequences, for Britain, Germany and other nations,” Labor Minister Marte Mjoes Persen told Reuters.

July 5, 2022

Petroecuador Recoups Some Lost Oil Production after Protests End

Ecuador’s Petroecuador has recuperated around 91% of its oil production lost in June due to protests over rising food and fuel prices, the state-owned company said on July 4.

July 5, 2022

Biden Administration Releases Proposed Offshore Leasing Plan

The release of the proposal by the Biden administration is only the second part of a three-step process to finalize “whether or how many” lease sales will be held in the five-year plan.

July 5, 2022

Wyoming Energy Authority Takes Production Challenges by the Pronghorns

Organization’s leader, Paul Ulrich of Jonah Energy, describes for DUG attendees the benefits of advocating for the oil and gas industry and devising solutions, rather than grousing about sage grouse regulations.

July 5, 2022