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I am writing to provide you with information on upcoming changes to The Daily Barrel. After consultation with legal experts in the area of copyright law, Noia has decided to alter the format of The Daily Barrel to be compliant with current best practice. Beginning Monday, January 17, The Daily Barrel and the associated Noia […]

13/01/2022 The combination of high production of oil and gas from a total of 94 fields, significant demand and high commodity prices led to a historically high level on the State’s revenues from petroleum. Much of this is due to record-high gas prices. Record-high revenues from the Norwegian shelf- The Norwegian Petroleum Directorate expects stable, […]

Integrated drilling services contract offered up for important probe offshore Newfoundland & Labrador BP has hit the market with an inquiry for drilling services for a minimum one-well offshore wildcatting campaign it has pencilled in for eastern Canada, targeting a huge multi-billion barrel exploration target. The supermajor operates exploration licences (ELs) 1145, 1146, 1148 and […]

Canadian Natural Resources Ltd (CNQ.TO) on Tuesday joined its rivals in forecasting higher capital expenditure and production in 2022, as it bets on a sustained recovery of oil and gas prices from the pandemic-driven historic lows. Canadian producers are raising their full-year expenditures as they benefit from rallying crude and gas prices. However, companies are […]