EU funding for Portugal to decarbonise energy-intensive industries
The European Commission has approved a €612m Portuguese scheme to lower electricity levy rates for energy-intensive companies. The scheme, running until 22 April 2035, intends to prevent companies from relocating…
US Eases Downhole Commingling Policy to Boost Oil Production
The United States Department of the Interior (DOI) said Thursday it has expanded the allowable pressure differential for single-wellbore oil production from multiple reservoirs in the Gulf of America’s deep…
Russian Insurers Seek Approval for Oil Tanker Coverage in India
A growing number of Russian insurance firms, some of which sanctioned by the U.S., have applied with India’s authorities to insure tankers shipping Russian crude oil to India, according to…
Trump Admin Tweaks Offshore Drilling Rules to Boost Production
The U.S. Interior Department has introduced changes to pressure difference requirements in offshore drilling in a bid to stimulate greater production from the Gulf. According to the department, the changes…
Russian Oil Producers Accelerate New Drilling
New oil well drilling in Russia has accelerated to the fastest in five years despite the recent oil price decline, Bloomberg has reported, suggesting the pick-up in activity anticipates a…
Air Liquide ‘investing as planned’ on $850m Texas air gases project
Industrial gas major Air Liquide has said it remains confident about the status of its commitment to build, own, and operate four large modular air separation units for the ExxonMobil…
Danish company uses bacteria to upgrade biogas without chemicals
A type of bacteria is being used as a chemical-free method of removing impurities and upgrading biogas, according to Denmark-based Biogasclean during a recent gasworld webinar. The company, part of…
Guyana’s March Oil Production Sags, Time To Worry?
Guyana’s oil output took a dip in March, sliding to 627,000 barrels per day (bpd) from February’s 648,000 bpd, a new report from Reuters shows. That puts first-quarter production at…
AccuWeather Looks at Wildfire Risk for USA Oil, Gas in 2025
AccuWeather long-range experts are predicting wildfires to burn more land across the United States this year compared to the historical average, AccuWeather stated in a media advisory sent to Rigzone…
Italy’s Eni reaches financial close on Liverpool Bay CCS project in UK
Italy-headquartered energy company Eni has reached financial close with the UK government for its Liverpool Bay carbon capture and storage (CCS) project, enabling the development to begin construction shortly. The…
