Swedish oil firm Lundin Petroleum drilled a dry well in the Norwegian sector of the North Sea, near the Snorre field, the Norwegian Petroleum Directorate said on Tuesday.
Shareholders in the licence include Lundin Petroleum with 60 percent, Bayerngas Norge with 30 percent and Fortis Petroleum Norway with 10 percent.
Reporting by Stine Jacobsen
Malaysian palm futures fell on Friday, and are headed for another week of losses. Weak soybean prices and looming concerns…
Exxon Mobil, a U.S. oil company and its partners pulled out of negotiations on Thursday with Guyana’s government over terms…
Greece signed a deal with the European Commission and the European Investment Bank (EIB) on Thursday to set up a fund that…
The CEO of U.S. oil producer Hess John Hess stated on Wednesday that Guyana's fourth floating production, storage and offloading…
The U.S. Department of Energy announced on Wednesday that it had awarded up to $2 billion to centers in the Gulf Coast and…
Hess' CEO said that he will consider appealing to the Federal Trade Commission the ban on his taking a Chevron Board seat…
MSE International has won funding from TRIG 2024 to lead a new project, PRIMET; Port Recharging Infrastructure for Maritime…
SQM, world's second largest lithium producer, reported on Wednesday a 73% decline in its third-quarter profit, as increased…
Malaysian palm futures dropped more than 2% Wednesday due to a weaker Chicago soyoil price and sluggish demand for exports.
Sunshine Oilsands has been ordered by a Canadian regulator to suspend all operations in the oil sands area of northern Alberta…
Oil prices traded steady on Tuesday as Norway's Johan Sverdrup oilfield restarted production and there were reports of Iran…
Companies seeking to claim proceeds from a court auction of shares in a parent of Venezuela-owned Citgo Petroleum are pressing a U.S.
World Energy News is the global authority on the international energy industry, delivered to your Email two times per week.
Subscribe to World Energy News Alerts.