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Oil company
Oil&Gas Drilling
Totalenergies Starts Gas Production in Absheron Field in Azerbaijan
TotalEnergies and its partner SOCAR (State Oil Company of the Republic of Azerbaijan) announce the start of production of the first phase of development of the …
Saudi Arabia
Petrofac Lands $700M Adnoc Epc Contract for Gas Plant
Petrofac, a leading international service provider to the energy industry, has been signed up by Adnoc Gas Processing, a key subsidiary of Abu Dhabi National Oi…
Oil & Gas Trade
Altera Shuttle Tankers Fixes Suezmax to Petrobras for Five Years
Altera Shuttle Tankers has sealed a deal with Brazil’s state-owned oil company Petrobras for the charter of its 2013-built suezmax Lambada Spirit.The company d…
Crude Oil
CGX, Frontera Announce Major Oil Discovery off Guyana
The discovery adds to the growing bonanza in this promising frontier regionPUBLISHED JUN 28, 2023 10:50 PM BY THE MARITIME EXECUTIVECanadian oil company CGX and…
Oil&Gas Drilling
Kuwait Oil Company to Invest $43 Billion on New Oil Projects, CEO Says
Kuwait intends to expand production by nearly 200,000 barrels per day
Oil Field
Pertamina and Partners to Invest $800M in Algerian Oil Field
The Menzel Lejmat Nord oil field in Algeria has a production capacity of 35,000 barrels of crude per day. (Photo courtesy of Pertamina)JAKARTA -- Indonesian sta…
Green Hydrogen
Petrobras and Unigel Forge Alliance for Green Hydrogen Ventures in Brazil
Petrobras, the Brazilian oil company, has entered into a two-year non-binding confidentiality agreement with chemical company Unigel to explore joint ventures f…
Green Hydrogen
Galp Poised to Make Final Investment Decision on 100 MW Green Hydrogen Unit
Portugal’s leading oil company, Galp, is on track to make a final investment decision by the end of the year regarding its first 100-megawatt (MW) green h…
Oil & Gas Trade
Kuwait’s Oil Company Seeks to Exit Norway
Kuwait's overseas oil and gas division has launched a sale process for its Norwegian assets as part of its focus on newer exploration and production hubs, i…
Crude Oil
Adnoc to Supply Full Crude Volumes to Asian Buyers in July
The Abu Dhabi National Oil Company (Adnoc) has informed at least three buyers in Asia that it will supply full contractual volumes of crude in July, steady from…
LNG
Adnoc’s Low-Carbon LNG Growth Project to Move Forward in Al Ruwaisadnoc’s Growth Project to Move Forward in Al Ruwais
UAE’s Abu Dhabi National Oil Company (ADNOC) has decided that its low-carbon LNG growth project will move forward in the Al Ruwais Industrial City, Al Dha…
Biofuel
Spain’s Cepsa Teams up With Apical to Build $1-B Biofuels Plant
Spanish oil company Cepsa teamed up with vegetable oil processor Apical Group’s Bio-Oils unit to build a second-generation biofuels plant in southern Spai…
Oil&Gas Drilling
Halliburton Backs Repsol With Well Construction Suite
Spanish oil company Repsol has implemented a well construction solution from Halliburton in order to automate and streamline its well design process.Illustratio…
Natural Gas
Rosneft’s Natural Gas Output Rose by 15% In 2022 (Russia)
The Russian state-owned oil company Rosneft has released its 2022 results, posting a net profit of RUB813bn (US$10.5bn, -7.9% compared to 2021). The group produ…
Oil & Gas Trade
Venezuelan Oil Minister Resigns on Investigation
Venezuela's oil minister Tareck El Aissami offered his resignation after three years in the post in the wake of a corruption investigation into state-owned …
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