Natural Gas
Texas, Oklahoma mulling state cuts to oil, gas production
Texas and Oklahoma are both looking at cutting production of crude oil and natural gas because of low prices tied to the coronavirus pandemic and the oil ...
BP to delay Greater Tortue Ahmeyin LNG project by one year
British oil major BP seeks to delay first gas on its operated Greater Tortue Ahmeyin project by one year due to the coronavirus pandemic, Kallanish Energy reports. Liquefied natural gas ...
Repsol to build 860 MW wind project in Spain
Spanish oil major Repsol said Friday it will build another 860 megawatts (MW) of renewables capacity in northern Spain, through 26 onshore wind farms, Kallanish Energy reports. ...
NNPC Reports: Lagos Explosion Triggered by Gas Cylinders Incident
The Nigerian National Petroleum Corporation (NNPC) has released a report stating that the recent explosion in Lagos was triggered by a gas cylinders incident. The explosion, which occurred in a ...
Pointe LNG raising investment capital for La. project
A proposed liquefied natural gas facility in Louisiana that had been dormant is alive again, Kallanish Energy reports. Pointe LNG has hired Whitehall & Co. to raise investment capital and ...
Wintershall Dea’s production up 9%, costs down 20%
German independent gas and oil producer Wintershall Dea reported this week a 9% increase on its output in 2019 and a 20% reduction on its production costs, Kallanish Energy reports. ...
Putin says shale oil technologies are ‘barbaric’
Russian President Vladimir Putin has criticized countries like the U.S. for ignoring the environmental impact of shale oil and natural gas production, describing it as a “barbaric” process the ...
EOG Resources cuts $2 billion or 31% from capex budget
Texas-based EOG Resources is cutting its 2020 capital spending by $2 billion or 31%, in the wake of the spreading coronavirus and the crude oil price war ...
BP eyes 10 FIDs by 2021, reviews exploration approach
British oil supermajor BP has roughly 10 new projects in the pipeline expected to receive a final investment decision (FID) by 2021, potentially adding 900,000 barrels of oil-equivalent per day ...
BLM withdraws acreage from Nevada O&G lease sale
The U.S. Bureau of Land Management has pulled 332,247 acres from the Nov. 12 oil and natural gas lease sale in Nevada due to a court order blocking ...