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Brazilian state-run oil company Petrobras said on Monday that its crude oil production during the first quarter rose 4.4% compared to the same period last year. Petrobras pumped 2.24 million barrels ......
QatarEnergy signed an agreement with China State Shipbuilding Corporation (CSSC) for the construction of 18 ultra-modern QC-Max size LNG vessels, marking a significant addition to its historic LNG fle ......
Some foreign firms will invest around $4 billion in oil development and exploration projects in the country over the coming FY Egypt is targeting scaling up its daily crude oil production by 9% in fis ......
The new vessels, with a capacity of 271,000 cubic meters each, will be constructed at China’s Hudong-Zhonghua Shipyard Doha, Qatar: QatarEnergy signed an agreement with China State Shipbuilding Corpor ......
Hess Corp on Thursday reported first-quarter earnings well above analysts forecasts, driven by a 28% increase in Guyana oil output, a sign Exxon Mobils results out Friday could also top forecasts. La ......
The forecasts, used to compile the federal budget, were cut from previous estimates of $71.3 per barrel for 2024, $70.1 for 2025 and $70 for 2026 The Russian economy ministry has downgraded its foreca ......
Plan to build petrochem and fertiliser plants Iraq has approved plans to set up refinery, petrochemical and fertiliser projects within a strategy to convert nearly two-fifths of its crude production i ......
Aramco, one of the world’s leading integrated energy and chemicals companies, has entered into discussions with Hengli Group Co., Ltd. (“Hengli Group”) regarding the potential acquisition of a 10% sta ......
Dutch floater expert SBM Offshore has secured a $250m term loan facility for floating production, storage and offloading (FPSO) vessel construction financing. SBM said that the facility will be drawn ......
Offshore contracting giant TechnipFMC has been awarded a contract in Guyana’s Stabroek Block by US supermajor ExxonMobil to supply subsea production systems for the Whiptail project. TechnipFMC will ......
