Impact Oil & Gas Limited (Impact), an African-focused exploration company, has agreed to farm-out a 50% working interest and operatorship in the Transkei & Algoa exploration block to BG International Limited, a wholly-owned subsidiary of Shell.
Following a set of tests at Gazprom’s Leningradskoye field, the commercial gas inflow reached the heights of 1 million cubic meters per day (mcm/d).
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) are looking into the possibility of further cuts early next year in an effort to try and revitalize the oil market.
Saudi Aramco, the world’s largest oil-producing company, has released its financial results for Q3 2020 with the company pledging to maintain its dividend payment of $18.75 billion.
The Nigerian National Petroleum Corporation (NNPC) and FIRST Exploration and Petroleum Development Company (FIRST) Joint Venture (JV) has announced the commencement of oil production from the Anyala West oil field.
Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC), the World’s Largest Gathering of Oil and Gas Industry Players, is set to hold its next series of conferences virtually starting November 9.
Iraq’s state-run Oil Marketing Company (SOMO) has announced its intentions to launch a third strain of crude oil export-grade called Basra Medium.
Equinor has announced its ambition to become a net-zero energy company by 2050.
The Iranian Offshore Oil Company (IOOC) has introduced new look measures to try and enhance oil production at Forouzan offshore field.
China National Offshore Oil Corporation (CNOOC) announced on November 2 that the Liuhua 29-1 gas field has commenced production.
