Oil & Gas News

The Australian Competition & Consumer Commission (ACCC) recently announced that the export of liquefied natural gas from the country’s domestic market must be reviewed amidst the oil crisis due to high wholesale prices.The proposal was brought up by the...
The government-run Abu Dhabi National Energy Company, commonly known as Taqa, is planning to sell some of its higher-cost oil wells in North America after reporting a record loss of $5.2 billion in 2016.Owning around 6% of the crude...

Oil & Gas News

Learning from previous lack of success, oil rig operators these days are embracing the great things the digital world is offering to boost production and efficiency.Over the years, the crude oil market has experienced the worst crashes. With...
Blackstone Group LP is going to buy out the pipeline company, EagleClaw Midstream Ventures, for $2 billion, marking the latest deal to be made in the oil-rich Permian Basin of North America.Under the agreement, ownership of more than 603...

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