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Libya’s Oil Exports Are Set To Fall Even Further

Libya is set to export even less crude oil in July than it did in June, while its state oil firm continues negotiations to end…

$8B Atlantic Coast Gas Pipeline Canceled As Costs Nearly Doubled

Despite a major win on a right-of-way issue at the U.S. Supreme Court last month, the developers of the Atlantic Coast natural gas pipeline are…

Saudis hike oil prices to key markets on rising energy demand

DUBAI (Bloomberg) – Saudi Arabia raised pricing for August oil shipments to Asia, the U.S. and northern Europe amid signs that energy demand is continuing…

Total’s CEO Pouyanne plots successful course while competitors stumble

PARIS (Bloomberg) — Europe’s oil giants came into 2020 promising shareholders they can “do it all” — maintain generous dividends, keep the crude flowing and…

Stauper Offshore wins Martin Linge platform upgrade contract

SANDEFJORD, NORWAY – Stauper Offshore AS was awarded a contract by TechnipFMC for the upgrade of the Compact Flotation Units (CFU) at Equinor´s Martin Linge…

Brent oil passes $43/bbl on climbing equity markets, Saudi price hikes

Oil rose in London to above $43 a barrel as Saudi Arabia hiked its official selling prices, and as global equity markets climbed. Brent gained…

Dutch North Sea goes from gas to green

The Netherlands plans to repurpose its declining North Sea and onshore assets to serve the energy transition With Dutch gas production crumbling to its lowest…

Energy Transfer Twists Oil Companies’ Arms On Dakota Access Pipeline

Energy Transfer, the company behind the controversial Dakota Access oil pipeline, has declared force majeure on the project to stop companies from pulling out of…

Total Sends Drilling Rig To South Africa To Capitalize On Previous Success

French oil giant Total SA has sent a drilling rig to South Africa in the hopes of duplicating its massive find there last February, Total’s…

Houthis Aim To Repair Unrepairable Oil Tanker In Vital Shipping Lane

The Houthi rebels in Yemen claim they have sent a team to repair an oil tanker full of 1 million barrels of oil sitting off the Yemeni…

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