General

This post was originally published on this siteThe Mainline pipeline network ships more than 3 million barrels of crude a day from Alberta to the U.S. Midwest.

Oil prices jumped amid escalating tensions between Ukraine and Russia, with the U.K. advising British nationals to leave Ukraine immediately.

This post was originally published on this siteThe total amount available to states in this year under the NEVI Formula Program is $615 million.

This post was originally published on this siteThe Norwegian authorities have approved the Plan for Development and Operation for the Kobra East & Gekko project in the Alvheim area.

This post was originally published on this siteGambia’s Ministry of Petroleum and Energy has officially launched the licensing round for Block A1.

This post was originally published on this siteEquinor has received consent from the country’s oil and gas industry safety body for the decommissioning of the Veslefrikk platforms.

This post was originally published on this siteOverall contract value increased from $34.32 billion in the third quarter to $60.84 billion in the fourth quarter.

This post was originally published on this siteNEW YORK/CALGARY, Feb 11 (Reuters) – Canadian oil companies exported a record amount of crude out of the U.S. Gulf Coast at the end of 2021, a trend that should continue in coming months, as tight international oil markets are in need of the nation’s heavy, sour crude.

This post was originally published on this siteFeb 11, 2022 (Bloomberg) Oil headed for its first weekly loss since mid-December as Iran moved closer to reviving a nuclear accord that would lift American sanctions on its petroleum exports. While futures in New York edged above $90 a barrel on Friday, they are still down about 2%

This post was originally published on this siteFeb 11, 2022 (Bloomberg) The world’s oil supermajors are pumping out cash as if crude was already trading at $100 a barrel.BP Plc, Shell Plc, TotalEnergies SE, Exxon Mobil Corp. and Chevron Corp. just generated the highest free cash flow since the start of 2008 — when oil first