AMSTERDAM, June 7 (Reuters) - Production at the Groningen natural gas field could be reduced to less than 12 billion cubic metres (bcm) per year by October 2020, faster than planned, the Dutch economic affairs minister said in a letter to parliament on Thursday.
Oil Search revealed Thursday that the Kimu 2 appraisal well, located in the forelands region of Papua New Guinea, has encountered gas in the target Alene reservoir.
Nothing will be decided at the June 22 OPEC meeting, according to a new Rigzone poll on social media platform Twitter.
NEW YORK, June 7 (Reuters) - Global benchmark Brent crude surged nearly $2 a barrel on Thursday, lifted by concern about a steep drop in exports from Venezuela and worries OPEC may not raise oil rig flanges gulf coast production at its meeting this month.
Montrose Port Authority, a support and service hub for the North Sea energy industry, has received a $2 million (GBP 1.5 million) grant from the Scottish government.
Nothing is more important than ensuring the safety of those offshore.
One common misconception of current frac fluids used in shale is that they contain hundreds of chemicals.
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