Pipe-laying Operation Starts Ahead of Nord Stream 2 Project
A pipe- laying vessel starts its operation in Danish Water before the resumption of construction of the Nord Stream 2 pipeline.
US | Egypt Oil & Gas - Part 9
Indian Oil Imports from Africa, US Rise in November
Data obtained from industry sources showed that Indian oil imports from Africa and US, in November, has risen but dropped from Middle East and Latin America.
Number of US Oil, Gas Rigs Rises for Third Consecutive Week
US energy firms have added oil and gas rigs for a third week in a row following oil price increases, something that has not been seen since October 2018.
US Shale to Decline by 68,000 bbl/d in October
US oil output is predicted to fall in October by 68,000 barrels per day (bbl/d) after output is set to decrease from seven major shale formations.
US Oil Production Rises 4% in June
US oil production showed signs of recovery after June saw an increase of 4.1%, however, production levels have not fully recovered from the dramatic plunge in May.
Sempra LNG Terminal Commences Commercial Operations
American energy company, Sempra Energy, has announced that it has commenced commercial operations at its Cameron liquefied natural gas (LNG) terminal in Louisiana.
US Sends First Crude Shipment to Saudi After Hiatus
Data released from the US Census Bureau has shown that US sent the first shipment of crude oil to Saudi Arabia in June since the end of banning crude exports in 2015.
US LNG Exports to Jump for First Time Since February
US liquified natural gas (LNG) exports are expected to be increased in August for the first time in six months which will help rising gas prices by more than 17%.
Chevron Approves $5 B Takeover of Noble Energy
American supermajor Chevron Corporation has agreed to acquire the remainder of Noble Energy’s shares for a total of $5 billion, or $10.38 per share.
Chesapeake to Half Number of Active Rigs
Chesapeake Energy has announced its long-term plan amidst filing for bankruptcy and will operate half the number of active rigs in the second half of the year compared to Q1.
