Ghana and Equatorial Guinea are a step away from signing the heads of agreement for a 15-year deal for the supply of liquefied natural gas (LNG), Kallanish Energy learns from a statement on the Ghanain presidency website on Tuesday.
Liquefied natural gas (LNG) prices are poised to experience more pronounced seasonal swings, which could trickle through to the U.S. and UK gas prices, a new report by the Bank of America Merril Lynch Global Research has revealed.
The proposed $7.45 billion acquisition of Mærsk Oil by Total will not only benefit the French major’s portfolio in OECD countries, but strengthens its platform for growth in the Middle East and Africa, Wood Mackenzie said on Monday.
For the third time in five weeks – and the first time in 15 months – the number of rigs working onshore in the Lower 48 U.S. states fell, according to data from oilfield services firm Baker Hughes, a GE company.
A federal jury in Oklahoma last week awarded $220,000 in damages to two oil companies after a horizontal; well damaged production in a vertical well, in what observers say is one of the first lawsuits of its kind, Kallanish Energy reports
British independent oil and gas explorer Cuadrilla started drilling on Thursday the country’s first horizontal shale gas exploration well, in the Preston New Road site, northwest England, Kallanish Energy reports.
Lancashire, a county in northwest England, received on Thursday the country’s first Community Benefit Fund payment for “hosting” onshore oil and gas exploration activities, Kallanish Energy reports.