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Brazil's Petrobras Discovers Oil Deposits in Ultra-Deep Waters of Potiguar Basin
Brazil's state-run oil company Petrobras said on Tuesday it has discovered oil deposits in the ultra-deep waters of the Potiguar basin, in the Equatorial Ma…
Crude Oil
Adnoc Begins Crude Production in Offshore Asset
Abu Dhabi National Oil Company (Adnoc) has started crude oil production from its Belbazem offshore block, approximately 74.6 miles (120 kilometers) northwest of…
OPEC
Exclusive: Russia Orders Companies to Cut Oil Output to Meet OPEC+ Target
An employee inspects a well head in the Yarakta Oil Field, owned by Irkutsk Oil Company (INK), in Irkutsk Region, Russia March 10, 2019. Picture taken March 10,…
Oil&Gas Drilling
Five Killed in Fire at Perenco Oil Platform Offshore Gabon
Five people were killed and one is missing after a fire on Wednesday at a Perenco oil platform off the coast of Gabon, the Anglo-French oil company said in a st…
Oil&Gas Drilling
Petrobras May Soon Move Drill Rig Out of Equatorial Margin
A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Phot…
Oil&Gas Drilling
Suriname Presses Exxon, Totalenergies to Combine Gas Developments
Managing Director of Staatsolie Annand Jagesar poses for a portrait during CERAWeek by S&P Global in Houston, Texas, U.S. March 19, 2024. REUTERS/Callaghan O…
LNG
ADNOC Signs 15-Year Supply Deal with Unit of Germany’s Sefe
File photo: A person walks past a Abu Dhabi National Oil Company (ADNOC) poster during the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) …
Oil & Gas Trade
Kuwait Oil Company Q8 to Buy 50% of Italian Biodiesel Producer Ecofox
The Italian branch of Kuwait Petroleum International (KPI), Q8,said on Saturday that it would buy a 50% stake in Italian biodiesel producer, EcoFox, as part of …
Oil & Gas Trade
Kazmunaygas, Socar to Ink Agreement to Boost Kazakh Oil Transit Through Azerbaijan - Magzum Mirzagaliyev (Exclusive Interview)
KazMunayGas, the national oil and gas company of Kazakhstan, and SOCAR, Azerbaijan's State Oil Company, will sign an agreement to increase the transportatio…
Oil & Gas Trade
Petrobras Shares Plunge on Axed Dividend as Brazil Pushes More Investment
A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Phot…
Oil&Gas Drilling
Argentina State Oil Firm YPF to Invest $3 Bln in Shale in 2024
A view shows YPF Tower, a day after Argentina's runoff presidential election, in Buenos Aires, Argentina November 20, 2023. REUTERS/Agustin Marcarian Purcha…
Carbon Emissions
ADNOC Says AI Added $500 Mln of Extra Value in 2023
A person walks past a Abu Dhabi National Oil Company (ADNOC) poster during the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) in Abu Dhabi…
Oil & Gas Trade
UAE's ADNOC Closes Acquisition of 24.9% Stake in Austria's OMV
Abu Dhabi National Oil Company (ADNOC) said on Thursday it has formally closed the acquisition of a 24.9% stake in Austrian oil and gas group OMV (OMVV.VI), ope…
Oil&Gas Drilling
Saudi Arabia Announces Major Gas Discovery at Jufurah Field
Saudi Arabia announced a major gas discovery on Sunday at the state oil company Aramco's Jufurah field.Energy Minister Prince Abdulaziz bin Salman said an a…
Hydrogen Project
POSCO and ADNOC forge clean hydrogen ties
South Korean POSCO Holdings, its subsidiary POSCO International and UAE’s Abu Dhabi National Oil Company (ADNOC) have signed a strategic cooperation agree…
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