Liberty Petroleum Corporation (“Liberty” or the “Operator”) is pleased to announce the signing of three Production Sharing Agreements (“PSA’s”) between the Federal Government of Somalia and [...]
When Overgas was formed by six entrepreneurial engineers in 1991, one of them Sasho Dontchev, who is nowadays a majority shareholder and the President of Overgas. Its mission was to make natural [...]
Vietnam’s Deputy Prime Minister Tran Hong Ha recently approved the National Energy Masterplan over 2021-2030 with a vision to 2050 focused on energy security and stable energy supply. The [...]
Houston-based APA Corp., one of the last US operators in the North Sea, does not see “any” stability in the country’s upstream oil and gas sector so is changing its approach to [...]
The wildfires in Canada have caused a massive surge in global greenhouse gas emissions in the first seven months of this year, the EU’s Copernicus Atmosphere Monitoring Service said Aug. 3. [...]
OPEC+ leaders Saudi Arabia and Russia are set to keep tightening the oil market into the autumn, announcing Aug. 3 they will extend their supply cuts through at least September. Saudi Arabia will [...]
The UK government has given the go-ahead for a 10 million barrel tie-in project in the North Sea known as Teal West, intended to boost oil flows through the Anasuria Floating Production Storage [...]
Crude tanker markets remain supported by resilient, unseasonal oil demand growth despite downward pressure from the supply cuts by OPEC and its coalition partners, Euronav said Aug. 3 while [...]
