← Go back to All Blogs
ONS announced the finalists for its 2022 Innovation Awards on Tuesday, saying the competition was fiercer than ever. View the full article
Canada’s banks just started on the path toward zeroing-out the carbon emissions of the companies they lend to, and already they’re running into conflicts between what climate activists and ESG investors want and what Canada’s oil-dependent economy demands. View the full article
Energean plc announced that it has extended its growth drilling program by exercising its options to drill two further wells with Stena Drilling Limited and to provide an update on the initial results of the KM-04 appraisal well. View the full article
President Joe Biden said he expects further oil supply increases from Saudi Arabia to help tame fuel costs at home after a landmark meeting with the kingdom’s rulers. View the full article
Barclays Plc and Deutsche Bank AG are among 17 banks accused by climate law activists of “hypocrisy” over work related to a controversial North Sea oil field. View the full article
Shell Enterprises LLC, a subsidiary of Royal Dutch Shell plc, has reached an agreement for the sale of its Permian business to ConocoPhillips, a leading shale developer in the basin, for $9.5 billion in cash. View the full article
Eni SpA signed a framework agreement to boost flows of liquefied natural gas from Egypt to Italy, as European nations step up efforts to wean themselves off Russian energy in the wake of Moscow’s attack on Ukraine. View the full article
Everyone may be back to watching the daily number of coronavirus cases as the omicron variant spreads through Europe, but the energy market is focusing on a more traditional gauge of worry: the temperature. View the full article
“At a time when renewables have developed from niche technologies to global industries, Aker’s ambitions exceed the announced spin-offs in Aker Solutions,” Aker Chief Executive Officer Oyvind Eriksen said in a statement. “We take an active role to position ourselves in a broader and rapidly growing renewable energy industry.” View the full article
The Bonaparte CCS Assessment joint venture between TotalEnergies, INPEX and Woodside has been awarded a permit off the northwest coast of Australia to carry out appraisal work on block G-7-AP, which is considered a promising area for geological storage of CO2. View the full article
The process of industry companies digitally connecting most everything is moving inexorably forward said executive participants in a Tuesday mid-morning panel discussion at the Schlumberger Digital Forum in Luzern, Switzerland. View the full article
Ugandan President Yoweri Museveni is counting on TotalEnergies SE and CNOOC Ltd. to produce oil from its fields in four years, laying the foundation for a new regional fuel hub. View the full article
Leigh Ann Runyan, CMP, will take over as Executive Director of the Offshore Technology Conference in mid-April. She replaces Stephen Graham, who is retiring. Runyan has extensive experience managing OTC and other large events. View the full article
Equinor has agreed to divest its interests in the Bakken field in the US states of North Dakota and Montana to Grayson Mill Energy, backed by EnCap Investments, for a total consideration of around USD $900 million. View the full article
Lukoil PJSC Chairman Ravil Maganov died after falling from a window in a Moscow hospital, according to Russian media reports. View the full article
Offshore energy professionals from around the world convened at the 2022 Offshore Technology Conference to discuss the latest advancements in the offshore oil and gas industry, while touting the role that the offshore energy industry plays within the energy transition. View the full article
Supply chain companies in the UK offshore oil and gas sector are in prime position to win work in carbon capture and storage if urgent action is taken by governments and industry, a new report indicates. View the full article
The American Bureau of Shipping has launched detailed requirements for greener offshore operations in the first sustainability guide to target the offshore industry. View the full article
The British government needs to publish detailed plans on decarbonizing the economy if it wants to prevent a “disorderly” transition to net-zero emissions by 2050, members of Parliament’s upper chamber said Thursday. View the full article
The modest supply boost may ease tight markets. But it leaves unanswered the question of whether the U.S. can turn Saudi Arabia into an ally in its campaign to economically isolate Russia. View the full article
India is looking to double down on its Russian oil imports with state-owned refiners eager to take more heavily-discounted supplies from Rosneft PJSC as international buyers turn down dealings with Moscow over its invasion of Ukraine. View the full article
The court of appeals in Nigeria’s capital, Abuja, overturned a 2019 ruling that granted Shell Petroleum Development Co. the right to renew its operating license for the Oil Mineral Lease 11 field. Those rights will transfer to the state-owned Nigerian National Petroleum Corp. View the full article
The Organization of Petroleum Exporting Countries lifted output by 290,000 barrels a day, slightly more than stipulated by its road map for restoring output, according to a survey. Saudi Arabia and Iraq were the main drivers of the increase. View the full article
Exxon Mobil Corp. is weighing salary increases as it tries to halt employee attrition across its business divisions after sweeping job and benefit cuts. View the full article
Equinor, Shell, TotalEnergies, Gassco and classification society DNV announced the kick-off of a new JIP to develop low-pressure solutions for the transportation of CO2 by ships. View the full article
-
entries
2,314 -
comments
124 -
views
320,990
About this blog
I started this blog to express what I sense about the highs and lows of the oil realm, while cautiously analysing historical data, taking into account the geo-political development at the time of recording them.
I got into this field, having been a passive observer of fluctuations of crude oil prices and their global consequences for years.
Then, when on the day of Great Oil Crash in April, 2020, I made a decision to make my own blog, with the motto, ‘analysing data that really matters’.
Having come from an academic background in mathematics and physics, I analyse data using my own tools, created with JavaScript and Python, taking my decision on board while making decisions.