Eni Signs New LNG Sales Agreement from Indonesia
Eni has announced that it signed a new LNG sales and purchase agreement with Merakes LNG Sellers, according to a press release from the company.
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TechnipFMC Revenues Surge in Q3 2023
TechnipFMC has announced a total revenue of $2,056.9 million, with an income from continuing operations attributable to TechnipFMC of $90 million. Adjusted income from continuing operations was $93.7 million, or $0.21 per diluted share.
Iraq’s Oil Exports Surged in September
Iraq’s Ministry of Oil announced that the country's crude oil exports reached a total of 103.143.199 million barrels in September, generating revenues of $9.422 billion.
Baker Hughes Achieves $6.6B in Revenues in Q3 2023
Baker Hughes has announced that it has achieved revenues of $6.6 billion in Q3 2023, up 24% year-over-year (YoY).
EMRA Geologist Trainees Honored by El Molla After Completing Capacity Building Programs
Minister of Petroleum and Mineral Resources Tarek El Molla has honored a group of geologists at the Egyptian Mineral Resources Authority (EMRA) for successfully completing various international training programs provided in cooperation with Australian, Japanese, and Chinese institutions.
Clean Transportation: The Time to Invest Is Now
To begin with, the most underestimated contributor to global warming emissions worldwide is oil, which has dominated the transportation energy market for over 50 years. Beneath the pump lies a global oil supply chain that is undergoing changes that have significant effects on the climate. The oil industry is progressively seeking to ever-riskier sources of oil and more polluting production techniques as the conveniently accessible fuels that characterized the oil booms of the previous century are diminishing.
BRICS Expansion: A New Game Changer in Global Geopolitics, Energy Dynamics
The recent enlargement of the BRICS group, which now includes Saudi Arabia, Iran, Ethiopia, Egypt, Argentina, and the United Arab Emirates, is widely seen as a significant development that will have far-reaching implications on the world’s geopolitical and economic scene. It is also seen as a new game changer in the world’s energy dynamics.
Why Oil & Gas Sector Needs Technology-Open Approach to Emissions Reduction
It’s the time of year again, as across the world nations prepare for the world’s biggest climate-focused conference: COP. With COP28 set to be hosted by the UAE, all eyes are on the energy sector to see how it responds and engages with the event, and the industry-wide commitment to the energy transition. IOGP supports this commitment to the energy transition and works with its members to help them decarbonise whilst maintaining the careful balance of energy security and affordability.
Why Decarbonise The Upstream Sector?
Upstream companies are under increasing pressure to decarbonise. Governments, investors, financial markets, society, and other stakeholders are pushing for change. Companies need to define their energy transition strategies, future-proof their business, and protect their social licence to operate.
