This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Libya has resumed production at the Mabruk oilfield after a decade-long shutdown, the Tripoli-based Government of National Unity (GNU) revealed on Wednesday. According to the Chairman of Libyas National Oil Corporation, Masoud Sulaiman, Libya plans to increase its oil output from 1.4 mb/d currently to 2 mb/d in 2028.
Last Wednesday, UK Chancellor of the Exchequer Jeremy Hunt announced that the windfall tax on UK oil and gas firms will remain in place for another five years, until March 2029. The levy, which has already driven away investment and reduced production in the North Sea, was previously set to end in 2028.
oil and gas industry is experiencing one of its most transformative periods. oil & gas basins , the leading companies , and market trends using the latest data and forecasts. 2025 Forecast Projected Crude Oil Output: 6.6 Exxon, Chevron, and Shell Are Betting on Carbon CaptureIs It the Future? We analyze major U.S.
Canada's Bay-du-Nord offshore oil project has received federal government approval. It is scheduled to go onstream by 2028, two years before the country’s 2030 deadline to reduce emissions from the sector by 31% from 2005 levels. One could claim the government is suffering from cognitive dissonance in this decision.
Between 2030 and 2040 Shell is looking at a potential next phase at LNG Canada, as well as a fourth train in Oman with the government and partners, on the back of new gas discoveries. Shell also in December signed a project development agreement with Argentinas state-run oil company YPF to advance the development of the Argentina LNG project.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content