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Oil & Gas Trade
Egypt Signs Investment Deals Worth $340 Million to Boost Oil and Gas Production
A $120 million agreement with Cheiron Energy was also signed to increase oil production in the Gulf of Suez.Egypt's Ministry of Petroleum and Mineral Resour…
Ammonia
Saipem Sees Business Opportunities in Green Ammonia and Offshore Wind Power
Saipem, an energy company traditionally focused on oil and gas contracts, sees business opportunities in low-carbon areas such as green ammonia and offshore win…
Oil & Gas Trade
BP, PDVSA Rush to Complete Gas Deal Before Venezuela Election
The logo of British multinational oil and gas company BP is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canad…
Oil & Gas Trade
Woodside Energy Sees 4% Jump in Estimated Cost for Scarborough Project
Australia's Woodside Energy Group's exhibition booth is seen at the World Gas Conference 2022 in Daegu, South Korea May 23, 2022. REUTERS/Florence Tan/F…
Oil & Gas Trade
Shell and Exxonmobil JV Cuts a Deal With Canadian Firm to Give up Its North Sea Oil & Gas Business for $180 Million
Canada’s Tenaz Energy, a public energy company focused on the acquisition and development of international oil and gas assets, has set the stage to become…
Oil&Gas Drilling
US Drillers Add Oil and Gas Rigs for Second Time in Three Weeks, Baker Hughes Says
An offshore oil rig platform is photographed in Huntington Beach, California, U.S. July 4, 2024. REUTERS/Etienne Laurent/File Photo Purchase Licensing RightsU.S…
Oil & Gas Trade
Exclusive: Exxonmobil Selling Malaysia Oil and Gas Assets to Petronas, Sources Say
A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes/File Photo…
Oil&Gas Drilling
Türkiye to Explore Oil and Gas off Somalia Coast
Türkiye has signed a deal with Somalia for hydrocarbon exploration in three blocks in the Somalian offshore.On July 18, Energy and Natural Resources Minist…
Oil&Gas Drilling
Egypt to Invest $1.2bn in Drilling 110 Exploratory Wells
Egypt is planning to drill 110 exploratory wells with a $1.2 billion investment in the fiscal year 2024/2025 to enhance the country’s oil and gas producti…
Carbon Capture
Strathcona, Canada Growth Fund Ink $2B Carbon Capture Deal
Armed with public funding, Canada’s fifth-largest oil sands company Strathcona Resources is embracing carbon capture technology as its ticket to navigatin…
Oil&Gas Drilling
China’s CNOOC Reports Major Oil and Gas Breakthrough in Bohai Bay
The logo of China National Offshore Oil Corporation (CNOOC) is seen at its booth during the China International Fair for Trade in Services (CIFTIS) in Beijing, …
Oil&Gas Drilling
China's Sinopec Strikes Large Oil, Gas Flow at South China Sea Well
China's Sinopec Corp has struck a high flow of oil and gas in an offshore exploration well in the Beibu Gulf of the South China Sea, it said on Wednesday.Th…
Biofuel
Spain's Cepsa Signs Biofuels Agreement With Lidl's Owner
The logo of CEPSA is seen on the facade of a building at Cepsa Energy Park in San Roque, near Algeciras, southern Spain, December 1, 2022. REUTERS/Jon Nazca/Fil…
Oil & Gas Trade
Totalenergies to Exit Gas Field Offshore South Africa in Blow to Country
The logo of French oil and gas company TotalEnergies is seen at the company's headquarters skyscraper in the financial and business district of La Defense, …
Crude Oil
Oil Prices Inch up on Large US Crude Stock Draw
An oil and gas industry worker walks during operations of a drilling rig at Zhetybay field in the Mangystau region, Kazakhstan, November 13, 2023. REUTERS/Turar…
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