Oil

Oil & Gas Technology

ADNOC Announces Launch Of Agentic AI Solution

In a release sent to Rigzone by the ADNOC team recently, ADNOC announced the launch of ENERGYai, which it describes as the world’s first of its kind custo…

Oil Price

Oil Prices Rangebound Amid Weak Demand Outlook

Oil held near November lows, settling near $68 a barrel, as increasingly bearish fundamentals capped the session’s gain.In the physical market, a key supp…

Solar Panel

Anti-soiling Coating Increases PV Panel Current in Arid Regions by 64.7%

The synthesis procedureImage: Port Said University, scientific reports, Conservation and Recycling, Common License CC BY 4.0Scientists in Egypt have created an …

OPEC

OPEC: Global Oil Demand to Hit 120.1m Barrels per Day (Bpd) by 2050, Energy Demand to Increase 24% During Same Period

Global oil demand is projected to reach 120.1 million barrels per day (mb/d) by 2050, while energy demand will rise 24% during the same period, said the Organiz…

Oil & Gas Trade

Sabic Opens Ultem™ Resin Manufacturing Facility In Singapore

SABIC, a global diversified chemicals company, has officially launched its new $170-MM (S$220-MM) ULTEM™ resin manufacturing facility in Singapore, markin…

LNG

Angola Plans More Multi-year Oil And Gas Licensing Rounds To Boost Production

Angola plans to repeat its multi-year licensing round for oil and gas acreage starting in 2026, reportedReuters, citing a senior government energy official.This…

Oil & Gas Trade

Woodside Contracts Winyama For Pluto Train 1 Modifications Project

Winyama will collaborate with Kellogg Brown & Root, Woodside’s EPCM contractor for the project.This partnership is expected to enhance Winyama’s bus…

LNG

KBR Awarded Feed Contract For Sur LNG Train 4 Expansion In Oman

KBRhas been awarded a FEED contract for the expansion of the Qalhat LNG complex in Sur, Oman.This project marks a crucial step in Oman’s efforts to meet r…

Oil & Gas Trade

ADNOC Awards $196.2m Manufacturing Contracts

ADNOC has awarded contracts worth $196.2m to 11 companies to boost local manufacturing of diverse products across its value chain as part of the ICV programme.T…

Oil & Gas Trade

Petrobras Posts $7.6% Increase In Net Income In Q3 2024

Brazilian national oil and gas company Petrobras has reported a 7.6% increase in net income for Q3 2024, reaching $5.87bn (33.85bn reais) from $5.54bn in the sa…

Crude Oil

Exxon Mobil Takes Ownership Of Payara FPSO Offshore Guyana

Exxon Mobil Guyana has completed a transaction to assume ownership from SBM Offshore of theFPSO Prosperity.The deal went through ahead of the full platform leas…

Oil & Gas Trade

Qatar Taps Rothschild As Adviser In Bid For Rosneft Units In Germany

Qatar’s sovereign wealth fund is bolstering its efforts to take over the German businesses of Russian oil giant Rosneft PJSC as the government in Berlin l…

Green Hydrogen

Air Products Eyes Expanded Offtake for NEOM Green Hydrogen Plant

Air Products CEO Seifi Ghasemi has announced ongoing negotiations for additional offtake from the 2.2GW NEOM green hydrogen plant in Saudi Arabia, driven by sus…

LNG

Qatarenergy Inaugurates First Four LNG Vessel From Shipbuilding Programme

QatarEnergy said Thursday it had held naming ceremonies to inaugurate four of the dozens of conventional-size liquefied natural gas (LNG) vessels it had ordered…

Crude Oil

Polish oil and gas group Orlen may suspend or terminate Olefins project

Polish oil and gas company Orlen said it is reassessing the future of its Olefin III petrochemical project due to profitability concerns, adding that it is expl…