Norway Plans to Tap $63.7 Billion From Its Oil Fund in 2027
wealth fund for public expenses next year, higher than this year’s spending from the world’s largest such fund. The government unveiled its budget bill for 2027, which includes a proposal…
Shell’s Refining Margin Jumps 75% as Fuel Supplies Dry Up
Shell’s refining margin for the third quarter has nearly doubled sequentially to hit a record high, which is set to combine with strong trading results and high oil and gas…
UK compressed gases body appoints new CEO
© British Compressed Gases Association You’ve read 1 of 1 of your free articles this month. By 38 min ago 2 min read National trade body the British Compressed Gases…
Europe’s Fuel Squeeze Is Turning Into a Q3 Windfall for Equinor
Equinor expects its marketing, midstream, and processing (MMP) division to have earned more than the company’s guidance of $400 million for the third quarter, thanks to very strong refining margins…
QatarEnergy Secures $3 Billion Loan From Chinese Banks as LNG Exports Stall
State-owned QatarEnergy has secured a five-year $3-billion loan from a group of Chinese banks as Qatar’s LNG exporter continues to struggle with shipping sizeable volumes to international markets. QatarEnergy has…
Australia’s High Court Blocks Major Coal Mine Expansion Over Emissions
Australia’s High Court, the highest authority in the country, ruled against the planned expansion of a major coal mine because of its expected effect on emissions. Climate change activists expect…
Chevron, Shell and BP Pull Workers From the Gulf Ahead of Hurricane
Chevron is evacuating workers from all its platforms in the Gulf of Mexico as meteorologists warn of a tropical storm approaching the area. For now, Chevron is only evacuating non-essential…
How Much Gulf Production Will Isaias Knock Out?
Just how much Gulf oil and gas production will Isaias knock offline? Well, according to Earth Science Associates’ (ESA) GOMsmart platform, the answer to that question is – the most…
Helix completes fourth helium well amid pause on Montana production
© Shutterstock You’ve read 1 of 1 of your free articles this month. By 18 min ago 2 min read Helium exploration company Helix Exploration has completed drilling of its…
Helix completes fifth helium well amid pause on Montana production
© Shutterstock You’ve read 1 of 1 of your free articles this month. By 18 min ago 2 min read Helium exploration company Helix Exploration has completed drilling of its…
