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Strike claims one of Australia’s largest onshore gas finds
Australian independent Strike Energy has said its block in the Perth Basin could hold one of the country’s largest ever conventional onshore gas discoveries.
Permian flaring reaches new high
The flaring and venting of natural gas has reached a new all-time high in the Permian Basin, where it is a by-product of drilling for oil.
PTT’s Q3 profit shrinks 33%
Thailand’s state-owned PTT saw its third-quarter net profit decline by 33% year on year to THB20.25bn ($669.7mn) on the back of weaker downstream and international trading performances.
Occidental reportedly seeking to sell Anadarko’s Wyoming, Colorado assets
Occidental Petroleum is reportedly soliciting bids for oil and gas assets in Wyoming and Colorado that it acquired through its takeover of Anadarko Petroleum.
Indonesia extends Corridor PSC by 20 years
The Indonesian government has extended the production-sharing contract (PSC) for the Corridor Block in South Sumatra Province by 20 years until 2043.
IOC makes first IMO-compliant bunker sale
State-run Indian Oil Corp. (IOC) has completed the country’s first bunker sales of very low-sulphur fuel oil (VLSFO) ahead of the introduction of new international maritime fuel standards.
India extends Cairn’s PSC for Ravva block
The Indian government has extended Cairn Oil & Gas’ production-sharing contract (PSC) for the Ravva block in Andhra Pradesh State by 10 years until 2029, the company said on November 6.
Mid-2022 seen as end date for BAPCO refinery upgrade
Eagle Ford infrastructure beefed up as Equinor exits
Harvest Midstream has started construction on the Ingleside pipeline and the Harvest Midway terminal to serve customers in the Eagle Ford shale, while Norway's Equinor has announced its exit from the play.
Alberta’s Houston Oil & Gas ceases operations
Calgary-based Houston Oil & Gas has gone into receivership, becoming the latest Canadian oil company to fall victim to unfavourable operating conditions caused by low oil and gas prices.
Repsol looks to Canadian oil
Spain’s Repsol is reportedly looking at Canadian heavy crude as a source of feedstock for its European refineries.
Equatorial Guinea approves plan to have Saipem build offshore gas line
Equatorial Guinea has approved the award of a contract to Saipem for the construction of a pipeline that will connect Noble Energy's offshore gas field to the petrochemical complex that is being built at Punto Europa.
Suncor, Microsoft partner in first for oil sands
Suncor Energy has partnered with Microsoft in a deal focused on digital transformation that has been described as a first for the oil sands industry.
Total seen gearing up to sell 12.5% stake in OML 118
France’s Total is reportedly looking to unload its minority stake in OML 118, a deepwater field located offshore Nigeria.
Permian players turning to renewable power
Drillers in the prolific Permian Basin are increasingly turning to renewable energy to power their operations.
Turkmenistan's pipe dreams
Moldova close to Russian gas deal
Kashagan satellites return to state hands
Czech CEZ’s Turkey-listed JV restructures $854mn loan with Yapi Kredi Bank
Markets, meanwhile, draw breath as Erdogan prepares for November 13 White House meeting with Trump. Betting is that the two strongmen will reach an accommodation.
Denmark’s Ørsted completes opening of Taiwan’s Formosa 1 wind farm
Denmark’s Ørsted has completed the launch of operations at phase 2 of the Formosa 1 wind farm in Taiwan,
Ukraine president signs unbundling Naftogaz decree, urges to finish reform of nation's gas market
Lukoil reports mixed output results in Q3
Total’s South African subsidiary reports on work at Brulpadda field
Total’s South African subsidiary is making progress at Brulpadda, an offshore field within Block 11B/12B.
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