President Donald J. Trump announced the impose of several new tariffs to strengthen the international economic position of the US and protect American workers excluding the energy and certain mineral goods that ar ...
The positive impact of investments in new discoveries and in the development of production fields is expected to appear during the upcoming period.
The International Energy Agency (IEA) released a report stating that the global demand on energy has grown by 2.2% last year – lower than GDP growth of 3.2% but considerably faster than the average annual demand i ...
Three Romanian companies intend to compete for the investment opportunities offered by the Ministry of Petroleum and Mineral Resources (MoPMR) for crude oil and natural gas exploration operations.
Halliburton has secured an integrated drilling services contract for the development and exploration across several offshore fields in Brazil for three years starting in 2025. The deal awarded by Petrobras, entail ...
Petrobras has achieved its 2024 annual production target, reaching a total production of 2.7 million barrels of oil equivalent per day (boe/d) of oil and natural gas. This milestone aligns with the company's Strat ...
Kuwait Oil Company (KOC) announced a hydrocarbon discovery at the Al-Jlaiaa offshore field within the Kuwaiti waters, estimated to hold 800 million barrels (mmbbls) of medium-density oil and an estimated 600 billi ...
Ghiath Diab, the oil minister in the interim government appointed by Syria's new rulers, has issued public tenders for oil and its products, Reuters reported.
Equinor has been awarded 27 new production licences in the 2024 Awards in Predefined Areas (APA) by Norway’s Ministry of Energy. The licences include 20 in the North Sea, six in the Norwegian Sea, and one in the B ...
Eni has kicked off the Baleine Phase 2 project offshore the Côte d'Ivoire with the goal of achieving a production capacity of 60,000 barrels per day (bbl/d) of oil and 70 million cubic feet of associated gas (equi ...
