Karim Badawi, Minister of Petroleum and Mineral Resources, has unveiled a series of new incentives designed to increase crude oil and natural gas production. This initiative, a key objective of the sector, will be pursued in collaboration with partners involved in exploration, drilling and production activities. During a wide-ranging meeting with international oil production partners, […]
Jotun, one of the world’s leading experts in paints and coatings, has published a new report highlighting the growing strategic importance of maintenance in the oil and gas sector. The report is based on a survey of more than 1,000 senior professionals and reveals a significant shift in the perception and prioritization of maintenance, particularly […]
(Bloomberg) — Brazil’s state-controlled oil and gas producer Petroleo Brasileiro SA (Petrobras) is seeking shale gas deals in Argentina, according to people familiar with the strategy, part of a larger plan to boost supplies of the fuel to spur industrial growth. YPF’s operations in Vaca Muerta (Source: YPF) Among the assets in which […]
ASHEVILLE, NC (WLOS) — The average price of gasoline in Asheville fell 2.0 cents per gallon over the past week, averaging $3.14 per gallon on Monday, August 26, according to GasBuddy’s survey of 259 Asheville gas stations. In Asheville, prices are 15.0 cents per gallon lower than a month ago and 37.4 cents per gallon […]
ASHEVILLE, NC (WLOS) — The average price of gasoline in Asheville fell 2.0 cents per gallon over the past week, averaging $3.14 per gallon on Monday, August 26, according to GasBuddy’s survey of 259 Asheville gas stations. In Asheville, prices are 15.0 cents per gallon lower than a month ago and 37.4 cents per gallon […]
(Bloomberg) — Brazil’s state-controlled oil and gas producer Petroleo Brasileiro SA (Petrobras) is seeking shale gas deals in Argentina, according to people familiar with the strategy, part of a larger plan to boost supplies of the fuel to spur industrial growth. YPF’s operations in Vaca Muerta (Source: YPF) Among the assets in which […]
The Northern Hub is expected to play a key role in Eni’s operations. Image credit: Massimo Todaro/Shutterstock. The Italian energy group Eni has received permits and license extensions from the Indonesian authorities, paving the way for the expansion of gas and condensate production. The Indonesian authorities have given Eni the green light for the Plan […]
OMV (Norge) AS, operator of PL 1194, completes drilling in the Norwegian Sea for the “Haydn/Monn” exploration areas. The well encountered gas with an estimated total recoverable volume of 30 to 140 million barrels of oil equivalent (boe). “By focusing on gas as a transition fuel, OMV is investing in affordable energy solutions and contributing […]
The Met Office said it was monitoring a cloud of sulphur dioxide moving across the UK following a volcanic eruption in Iceland. The gas cloud apparently moved across the country early Sunday morning and has now moved towards the southeast. The particle was released high into the atmosphere by a volcano in Iceland and is […]
NEW DELHI: oil and gas production out of ONGCThe $5 billion flagship project off the Andhra coast is expected to go up after the state-run explorer commissioned the fifth of the 13 deepwater wells. KG-D5 This move will increase government revenue and help reduce the country’s dependence on imports.The oil well was opened on Saturday, […]
