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Libya declares force majeure on El-Feel oil field amid production shutdown

(Bloomberg) – Libya’s state oil firm declared force majeure on key field El-Feel amid a widening shutdown of production triggered by a power struggle in the OPEC member. Libya’s El-Feel oil field The […]

NNPC to be sole buyer of Dangote Oil Refinery’s gasoline

*A view of the newly-commissioned Dangote Petroleum refinery is pictured in Ibeju-Lekki, Lagos, Nigeria May 22, 2023. REUTERS/Temilade Adelaja/File Photo. – Refinery promises to ease Nigeria’s reliance on costly imports– Sole fuel importer NNPC Ltd […]

Oil edges higher as halted Libyan exports balance expected OPEC+ supply boost

*General view of the Libyan state National Oil Corporation (NOC) in Tripoli, Libya July 14, 2022. REUTERS/Hazem Ahmed/File Photo – OPEC set to increase production from October– Oil exports at major Libyan ports halted– China […]

CNC Helikopter Service secures North Sea contracts for key drilling rigs from DNO

(WO) – CHC Helikopter Service announced the signing of a new contract with DNO to support its operations in the North Sea. CHC and DNO have a history of collaboration that dates back several years. […]

CNC Helikopter Service secures North Sea contracts for key drilling rigs from DNO

(WO) – CHC Helikopter Service announced the signing of a new contract with DNO to support its operations in the North Sea. CHC and DNO have a history of collaboration that dates back several years. […]

World’s strongest crane to meet “soaring” demand for oil and gas infrastructure

(Bloomberg) – A Dutch company has erected the world’s strongest crane to help meet soaring demand for massive new energy infrastructure — including giant wind turbines. Mammoet SK6000 The crane, built by heavy […]

Oil slips on demand concerns, prospect of OPEC+ hike

^Crude oil barrels News wire — Oil weakened on Friday and was on track for a weekly drop, pressured by concerns about demand and the prospect of bigger supply from OPEC+, although Libyan output disruptions […]

TotalEnergies launches “pioneering” decarbonization plan to power Culzean platform offshore UK with floating wind energy

(WO) – TotalEnergies has launched a pilot project consisting of a floating wind turbine to supply renewable power to Culzean offshore platform in the UK North Sea, thus pioneering an innovative decarbonization scheme. […]

Billionaire Carlos Slim-backed Talos Energy surprises oil and gas industry with surprise CEO departure

(Bloomberg) –Talos Energy Inc., a U.S. oil producer whose biggest shareholder is billionaire Carlos Slim, slid after the unexpected departure of its chief executive officer. Former Talos Energy CEO Tim Duncan Tim Duncan, […]

Ukraine will honour contracts for oil transit to Europe, official says

“Ukraine has fulfilled and will fulfill its contractual obligations in full until the scheduled completion date… because it concerns our bilateral relations with European countries,” Podolyak said. The head of Ukrainian oil and gas group […]