Easing of restrictions and improving employment prospects boost business confidence Overall business confidence in the UK in the first half of September increased by ten points to 46% in September, ...

Norway’s Equinor has exited from the Canadian oil sands operations by divesting its 18.8% stake in carbon-intensive oil sands producer Athabasca Oil. Equinor, formerly known as Statoil, has divested ...

The Phase 1 development of the project is subject to the FID being taken by the end of the first quarter next year. Credit: John R Perry from Pixabay. Australian oil and gas firms Warrego Energy and ...

Air bp CEO Martin Thomsen said: “bp’s ambition is to be a net zero company by 2050 or sooner and to help the world get to net zero. Air bp aims to support our customers and the wider aviation industry ...

Marathon Gas Station in Long Grove, IL. Credit: Bill Crittenden. American petroleum refining and marketing firm Marathon Petroleum (MPC) has signed an agreement to sell its gas stations to the owners ...

Production in the South West Meleiha licence started in 2019. Credit: James Armbruster from Pixabay. Italian exploration and production firm Eni has made an oil discovery at a new well in the South ...

Petrobras said in a press statement: “Comparing the value of this operation with the value of 90% of TAG sale in June 2019, it is necessary to consider that TAG’s debt increased from R$2bn to R$23bn, ...

Irving Oil has announced its plans to downsize 6% of its global workforce, citing Covid-19 crisis. Credit: skeeze from Pixabay. Sign up here for GlobalData's free bi-weekly Covid-19 report on the ...

The move will help the oil and gas companies to test their employees at headquarters and remote rig locations across the US. Credit: ElMelindo. Sign up here for GlobalData's free bi-weekly Covid-19 ...

Gasum has opened Kronoberg County’s first filling station for liquefied gas in Ljungby, Sweden. Credit: Gasum Oy. Finnish state-owned gas company Gasum has opened a filling station for liquefied ...

Specifically, LNG developers feel pressure from potential buyers to offer more flexible terms in their selling contracts. Under such circumstances, developers opt to wait for viable customers that ...

A key objective in any hydraulic fracturing operation is to keep the induced fractures open when the production begins. Proppant is used for this task. Currently, the demand for sand in the Permian ...