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U.S. Average Gasoline Prices This Thanksgiving are Higher than the Previous Two Years

Source: U.S. Energy Information Administration, Gasoline and Diesel Fuel Update Heading into the Thanksgiving holiday weekend, U.S. retail regular-grade gasoline averaged $2.57 per gallon (gal), up 41 cents/gal from the same time last year. Although gasoline prices are higher than in both ...

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Posted 1 day agoOpinion > EIAEnergy Information Administration EIAUnited States +1

UK Trade Body Welcomes Budget Green Light to Tax Change That Will Unlock Investment

The Chancellor today announced a tax measure that will unlock further investment in the UK North Sea by enabling more assets to change hands and allow new owners to provide fresh investment in many mature oil and gas fields. Oil & Gas UK has been working constructively with HM Treasury for a numbe ...

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Posted 1 day agoOpinion > United KingdomBudgetTax +3

Asia Supply Shortfall Lifts Diesel Spreads in 2018

Global demand growth will outpace supply growth in 2018, according to ESAI Energy's recently published  Global Diesel Outlook . This will allow diesel spreads to continue recovering from 2016 lows. The biggest support for spreads will come in Asia-Pacific. Refineries in three of the main exporters ...

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Posted 1 day agoOpinion > ESAI EnergyAsiaDiesel +1

Europe’s Top 41 High Growth Potential Cleantech Companies Announced at the Tech Tour 2017 Cleantech Summit

Tech Tour announces the top 41 high growth potential cleantech companies in Europe , chosen by a selection committee of active cleantech investors and industry experts, who will present at the Tech Tour 2017 Cleantech Summit in Rotterdam on the 22-23 of November, 2017. Over 200 companies applie ...

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Posted 1 day agoPress > europeCleantechVenture Capital +1

ONGC Videsh Acquires 15% Interest in Eco Atlantic’s PEL 0030 “Cooper Block”, Offshore Namibia

Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX-V:EOG), is delighted to announce that ONGC Videsh, through its wholly owned subsidiary ONGC Videsh Vankorneft Pte. Ltd. (“OVVL”), has entered into agreement with Tullow Namibia Limited (“Tullow”) whereby OVVL will acquire a 15% working interest in the ...

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Posted 1 day agoPress > ONGC VideshAcquisitionEco Atlantic +6

Prospex Oil and Gas Plc - Commencement of Drilling, Onshore Italy

Further to the Company's announcement of 31 October 2017, Prospex Oil and Gas Plc, the AIM quoted investment company, is pleased to confirm it has been advised by the operator, Po Valley Energy ("PVE"), that the Podere Maiar-1d appraisal/redevelopment well ('Podere Maiar' or 'the Well') on the Pode ...

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Posted 1 day agoPress > Prosper Oil and GasDrillingonshore +3

Suncor Energy Announces Further Debt Reduction

All financial figures are in Canadian dollars As announced earlier today, Suncor successfully closed the sale of a 49% equity interest in the East Tank Farm Development project for aggregate proceeds of $503 million. Suncor is directing the proceeds from this sale, together with the proceeds fro ...

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Posted 1 day agoPress > Sunoco EnergyDebt ReductionCanada +1

Statoil: Dudgeon Offshore Wind Farm Officially Opened

Today, operator Statoil and partners Masdar and Statkraft officially opened the Dudgeon offshore wind farm in Great Yarmouth, UK. Since the investment decision was made in 2014, construction costs have been reduced by more than 15%, from GBP 1.5 billion to approximately GBP 1.25 billion. ...

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Posted 1 day agoPress > Dudgeon Offshore Wind FarmUnited KingdomStatoil +3

Atlantic Petroleum Announces New Interim CEO

Atlantic Petroleum (NASDAQ Copenhagen: ATLA DKK & Oslo Stock Exchange: ATLA NOK) today announces that Graeme Fawcett will replace Ben Arabo as Interim CEO when Ben Arabo leaves the company 1st December. Graeme Fawcett has got more than 30 years' experience in the oil and gas industry working on as ...

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Posted 1 day agoPress > Atlantic PetroleumceoNASDAQ Coepnhagen +1

Range: Termination of Proposed Acquisition of West Coast Assets

As announced on 11 August 2017, Range entered into a binding sale and purchase agreement (“SPA”) to acquire certain producing assets in Trinidad from a wholly owned subsidiary of Trinity Exploration and Production plc (“Trinity”). Completion of the acquisition was conditional (amongst other things) ...

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Posted 1 day agoPress > RangeWest CoastTrinity Exploration & Production +2

Eight Energy Companies Commit to Reduce Methane Emissions Within Natural Gas Industry

BP, Eni, ExxonMobil, Repsol, Shell, Statoil, Total and Wintershall today committed to further reduce methane emissions from the natural gas assets they operate around the world. The energy companies also agreed to encourage others across the natural gas value chain – from production to the final co ...

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Posted 1 day agoPress > Methan Emissionsnatural gasBP +7

Norwegian Petroleum Directorate: Production Figures October 2017

Preliminary production figures for October 2017 show an average daily production of 1 901 000 barrels of oil, NGL and condensate, which is an increase of 141 000 barrels per day compared to September. Total gas sales were 10.9 billion Sm 3 (GSm 3 ), which is an increase of 1.5 GSM 3 from the pr ...

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Posted 1 day agoPress > NorwayNorwegian Petroleum DirectorateProduction Figures

Gazprom Resuming Gas Deliveries to Azerbaijan

Gazprom Export  and the State Oil Company of the Azerbaijan Republic (SOCAR) reached an agreement to resume natural gas supplies to Azerbaijan. A contract to that effect was signed in Moscow on November 21, 2017. Gas supplies are to start on November 22, 2017. It is planned to deliver a total of 1 ...

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Posted 1 day agoPress > GazpromexportsAzerbaijan +2

Petsec Energy Announces First Production from Hummer Gas/Oil Field Development Offshore Louisiana, Federal Waters, U.S.A.

Petsec Energy (the “Company”) is pleased to announce the commencement of production from the Company's Hummer Development in the Gulf of Mexico, offshore Louisiana, USA. Following the successful installation of the Main Pass 270 “B” platform deck facilities during the first half of November, t ...

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Posted 1 day agoPress > Petsec EnergyGulf Of MexicoLouisiana +4

Minor Gas Discovery and Dry Well Northwest of 7220/11-1 (Alta) in the Barents Sea – 7219/12-2 S and 7219/12-2 A

Lundin Norway AS, operator of production licence 533, is in the process of completing the drilling of wildcat wells 7219/12-2 S and 7219/12-2 A. The wells were drilled about 20 kilometres west of the discovery well 7220/11-1 (Alta) and about 50 kilometres southwest of the discovery well 7220/8-1 ...

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Posted 22 hours agoPress > Lundin NorwayGas DiscoveryBarents Sea +2
Last fetch 11/24/2017 10:56:08 AM