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Halliburton, Baker Hughes express cautious optimism following first-quarter results
Oilfield services firms Halliburton and Baker Hughes have reported their first-quarter results this week, and comments from the companies’ executives illustrate a cautious optimism that is tempered by short-term warnings.
India’s oil, gas production continues to fall
Indian oil and gas production fell in fiscal year 2020-2021, which ended on March 31, as the country’s lockdowns in response to the coronavirus (COVID-19) pandemic forced state-run and private operators to curb output.
EPS reports net profit of RSD11.6bn in 2020
Turkmenistan agrees security measures with Afghanistan for restarting work on TAPI pipeline section
Bulgaria hikes natural gas price by 16% as of April
Petrovietnam to build LNG-fired power plant
State-owned Petrovietnam reportedly intends to build a $1.5bn liquefied natural gas (LNG) fired thermal power plant in the country’s southern province of Ca Mau.
Petronas launches new small field PSC model
Malaysia’s state-owned Petronas has marked the launch of its new small field asset (SFA) production-sharing contract (PSC) model by awarding a shallow-water project to one of its upstream subsidiaries.
Calls for Indonesia upstream reforms mount
Upstream watchdog SKK Migas is pushing for the government to do more to increase the attraction of the country’s upstream.
BP aims to eliminate onshore US flaring by 2025
BP has unveiled a new target to phase out routine flaring of associated natural gas across its onshore US operations – primarily in the prolific Permian Basin – by 2025.
Serbian parliament adopts four energy and mining laws
Turkey's first mini solar tenders to be held next week
Iran launches new petrochemical facility
Carlyle may get compensation for SAMIR losses
Saudi moves forward with downstream expansion
Chevron backs floating wind start-up
US multinational oil company Chevron has bought into an offshore wind start-up, joining its European fossil-fuel rivals Equinor, Royal Dutch Shell and Total in the offshore wind sector.
US Interior Secretary prioritises climate change in department decisions
Interior Secretary Deb Haaland has issued a directive that focuses on climate change in department decisions. Haaland, only recently confirmed in her post, has also revoked a series of Trump administration orders that promoted fossil fuel projects.
EU strikes deal on tougher climate target
Equinor chalks up fourth find of year
Total Eren joins Province Resources’ 8-GW HyEnergy project in Australia
Total Eren and Australian miner Province Resources are to work together to develop up to 8 GW of green hydrogen production facility in the Gascoyne region, Western Australia.
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