Monday, December 2, 2024
Equinor's Castberg oilfield delayed until end of 2023 - regulator- oil and gas 360

Equinor’s Castberg oilfield delayed until end of 2023 – regulator

Reuters OSLO – Equinor’s Johan Castberg oilfield in the Arctic Barents Sea won’t come on stream until the end of 2023, a year later than planned due to technical problems that have also hit its value, Norway’s oil and gas safety watchdog said on Tuesday. The Petroleum Safety Authority (PSA) said in a statement it had identified “serious breaches” of

OPEC+ sticks to plans to ease oil cuts - sources- oil and gas 360

OPEC+ sticks to plans to ease oil cuts – sources

Reuters LONDON -OPEC+ oil producers agreed on Tuesday to stick to the existing pace of gradually easing supply curbs through July, as they sought to balance expectations of a recovery in demand against a possible increase in Iranian supply. The Organization of the Petroleum Exporting Countries and allies – known collectively as OPEC+ – decided in April to return 2.1