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Liquefied natural gas suppliers are asking clients to pay much higher rates.

'The presence of good quality sandstone reservoir, which was the main pre-drill risk, and the presence of gas is encouraging'.

Longboat Energy has farmed into two gas exploration prospects on the Norwegian Continental Shelf targeting 2.2 billion boe via an agreement with OMV.

Independent oil and gas company Longboat Energy has made a change at the helm.

'Recent structural changes to the Norwegian upstream industry have favored an increasingly small group of very large companies with long-term investment horizons and access to low cost of capital'.

Brufau was reelected by a majority of votes at the Madrid-based oil producer's annual shareholders meeting on Thursday.

The company will to provide detailed design and engineering services for the subsea development at Egypt's West Delta Deep Marine (WDDM) concession, part of the Burullus Gas Field in the Mediterranean Sea.

Advocates of rival petroleum- and plant-based fuels are joining forces to challenge new Biden administration pollution limits.

Governor Jeff Landry announced the allocation at the Louisiana Mid-Continent Oil and Gas Association's annual conference, where the state's Republican leader also declared support for the oil and gas industry.

Louisiana is investigating the source of a cloud of methane that was spotted from space near multiple natural gas pipelines.