Equinor aims for output of 2.3mboe/d by 2030 in new growth plans
Norway's state-backed energy giant Equinor has unveiled an ambitious strategy to scale up its global production to 2.3 million barrels of oil equivalent per day by 2030. This target underscores a broa
China Bets on Ultra-Deep Shale Gas to Boost Energy Security
Sinopec's aggressive push into the Sichuan Basin's ultra-deep shale formations represents a high-stakes technological bet to reverse China's chronic underperfor
OilPrice·Jun 17
Oil Tankers Reverse Course on Hopes of Hormuz Reopening
The sudden rerouting of laden crude tankers back toward the Persian Gulf indicates that maritime shippers are rapidly reassessing geopolitical risks in the Stra
OilPrice·Jun 17
US Crude Oil Inventories Down Again, Losing 52 Million Barrels in 9 Weeks
The rapid depletion of US commercial crude stockpiles, which shed over 52 million barrels in just over two months, signals a highly tight physical market that i
OilPrice·Jun 16
Egypt Clears $6 Billion in Energy Debt and Opens Door to a New Gas Boom
Egypt's complete clearance of its $6 billion outstanding debt to international oil companies marks a critical turning point for the East Mediterranean's energy
OilPrice·Jun 16
Jun 16
Oil Extends Losses as Hormuz Reopens
Rigzone
Jun 16
Norway Moves to Extend the Life of Europe’s Most Important Oil Field
OilPrice
Jun 16
Oil Prices Crash as Traders Bet the War Is Over
OilPrice
Jun 16
Chinese Refining in May at Lowest Level in Nearly 4 Years
Rigzone
Jun 16
Hundreds of Well Workers offshore Norway Go on Strike
Rigzone
Jun 16
Trio sets the stage for Mediterranean Sea oil & gas exploration with North African PSA
Offshore Energy
Jun 16
Chevron to partner with HelleniQ Energy on Block 10 in Greece