22/03/2024 Nearly all petroleum industry executives believe that the Norwegian Offshore Directorate is achieving its objective to contribute to the greatest possible value f...
The partners at Israel’s 13.7tcf Tamar gas field, led by operator US major Chevron, and Greek firm Energean with its 4.3tcf Karish gas project on 14 April signed separate gas sales deals for a combined 16.5bcm with loc...
The Acting Head of Engineering and Development at the National Iranian Oil Company Reza Aqebati announced that they will allocate $41 billion of investment packages to develop 50 natural gas fields, among them 35 project...
Photo from Technology Day 2023. (Photo: Rune Goa) 22/03/2024 Now, a very exciting program with lectures from a variety of companies is ready for Technology Day on June 6th. &...
Most North American oil production left unhedged in early 2025 Source link
Baker Hughes announced its financial results for the Q1 2025 noting that it has achieved revenues worth $6.427 billion compared to $4.18 year-on-year (YoY). The company’s statement showed that it recorded orders of $6....
Eni CEO Claudio Descalzi last week pledged that his company will invest “more than €8bn [$9.1bn]” in each of its three key North Africa areas of operations over the next four years. A pledge that means that the reg...
26/03/2024 Seabed minerals represent a new and exciting opportunity for Norway, and a chance for us to be a pioneer nation – much like we have been within the oil and gas industry, both as regard...
Minister of Petroleum and Mineral Resources, Karim Badawi, has issued a resolution for the assignment and transfer of some senior employees and leaders at the ministry and its affiliated companies and authorities. This c...
China imported 12.15mn b/d of crude oil in March, the highest monthly figure since August 2023, and a sharp rebound from an average of just 10.4mn b/d for January and February (MEES, 21 March). Refinery runs of 14.89mn b...
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