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3 April 2020
Baker Hughes completes string test of Calcasieu Pass system
Baker Hughes has successfully completed a string test of a mixed refrigerant compression system of the Calcasieu Pass liquefied natural gas (LNG) export project in Louisiana, US.
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2 April 2020
BP cuts capital spending in response to Covid-19 disruption
BP has announced plans to cut capital spending by 25% to $12bn this year in the wake of the oil price crash triggered by the coronavirus (Covid-19) pandemic.
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2 April 2020
TechnipFMC to cut capital expenditure by 30% amid Covid-19 crisis
Oil services firm TechnipFMC has announced that it will cut its planned capital expenditures (capex) by 30% to $300m for 2020.
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1 April 2020
YGC launches enterprise software venture for oil and gas industry
US firm YGC has launched a new venture, Hupbeat, to maximise workforce flexibility in the oil and gas sector.
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1 April 2020
Keystone XL pipeline to move forward with Alberta funding
TC Energy is set to proceed with the construction of the $8bn Keystone XL pipeline project after the Government of Alberta agreed to invest roughly $1.1bn in equity investment in...
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31 March 2020
EOG launches cost-cutting programme in response to Covid-19
Europa Oil & Gas Holdings (EOG) has announced plans to cut costs in the wake of the coronavirus (Covid-19) pandemic, stock market volatility and the oil price crash.
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31 March 2020
Energy Transfer proceeds with Lake Charles LNG project as Shell exits
Energy Transfer will take over project development of the proposed Lake Charles liquefied natural gas (LNG) export terminal after Royal Dutch Shell decided to exit the project.
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30 March 2020
Rosneft sells Venezuelan assets to Russian company
Oil producer Rosneft is set to terminate its operations in Venezuela and sell the assets linked to its operations in the country to an undisclosed company owned by the Russian...
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30 March 2020
Whitebark Energy calls off Wizard Lake oilfield acquisition deal
Whitebark Energy’s wholly-owned subsidiary Salt Bush Energy (SBE) has terminated the definitive agreement to acquire the residual 40% interest of the Wizard Lake Oilfield in Canada.
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27 March 2020
Baker Tilly to acquire Oil and Gas Business Solutions
Advisory, tax and assurance firm Baker Tilly has reached an agreement to acquire Dallas-based Oil and Gas Business Solutions (OGBS).