As part of the licensing for Cluster I, located near the Leviathan field, Socar will be the operator of the exploration ...
Russia and Ukraine accused each other on Wednesday of launching air attacks that sparked fires and damaged infrastructure ...
MOL Hungarian Oil and Gas PLC discovered a new oil field near Somogysámson in western Hungary. The Som-8 well was spudded on ...
BP plc BP, the UK-based energy major, and Azerbaijan’s SOCAR have entered Israel’s offshore gas sector through a joint licensing agreement with NewMed Energy, the Israeli Energy Ministry announced on ...
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A Russian privately-held engineering and construction specialist has emerged ahead of an established Italian contractor as ...
The Israeli Energy Ministry has indicated that more licences are expected to be granted, with a fifth bidding round planned ...
Shadow Scotland secretary Andrew Bowie said early-stage plans to stop issuing new oil and gas field licences mark a “betrayal of those workers” in the sector. Industry minister Sarah Jones pledged on ...
The UK government is pushing ahead with plans to halt new oil and gas exploration licences but ... approach to “tiebacks”, in which new fields can be drilled via adjacent existing fields.
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FRANKFURT, March 4 (Reuters) - Germany's natural gas usage could fall some 3% to 7% by 2030 from current levels while it remains central to the country's energy supply, consultants McKinsey said ...
Egypt has also ramped up production efforts, completing five gas field development projects and bringing eight new wells on production line in H1 FY 2024/2025, adding 275 million cubic feet of gas per ...