(Bloomberg) — President-elect Luiz Inacio Lula da Silva has selected a senator and former Petrobras official to lead Brazil’s state-controlled oil giant with the aim of turning i.........
see more >>(WO) — 2022 was an enormous year for the oil and gas industry. From oil discoveries in Wyoming to Russia working around Western sanctions, there was no shortage of ground-breaking news.........
see more >>(WO) — CNOOC Limited announced on Dec. 25 that Kenli 6-1 oilfield 5-1, 5-2, 6-1 block development project commenced production.The project is in the south Bohai Sea, with an average wa.........
see more >>(Bloomberg) — Two months after snubbing U.S. President Joe Biden’s pleas for oil, Saudi Arabia is rolling out the red carpet for his Chinese counterpart, Xi Jinping.Xi will visit.........
see more >>(WO) — Abu Dhabi National Oil Company (ADNOC) is accelerating operationalization of its board mandated low carbon growth strategy, by establishing a new low carbon solutions and intern.........
see more >>(Bloomberg) — A 5.4-magnitude earthquake rocked a key oil-producing region in West Texas, rattling parts of the Permian basin.The quake struck 22 kilometers (13.6 miles) northwest of M.........
see more >>When it comes to success rates for discovering new oil and gas resources, 2021 saw one of the lowest on record. However, with the return of high-impact oil exploration in 2022, O&G businesse.........
see more >>(Bloomberg) — The U.S. is on track to grow oil production faster than the government is forecasting, according to a BloombergNEF analysis.The latest BNEF report estimates daily US oil .........
see more >>(Bloomberg) — While U.S. gasoline prices have come down from the highs seen this summer, they’re clearly still weighing on President Joe Biden, who on Monday repeated demands for.........
see more >>(Bloomberg) — Nigeria lost its crown as Africa’s largest crude producer as Angola surpassed the country for the first time in more than five years.Angola’s average daily ou.........
see more >>National Oil Company Petrobras is focusing on output growth from pre-salt, following a trend of Brazilian oil independents raising output at fields the NOC already divested, Petroleum Econom.........
see more >>(Bloomberg) — President Joe Biden announced plans to advance offshore wind power in the Gulf of Mexico and in Atlantic waters near the Southeast U.S., part of a bid to prove he’s.........
see more >>(Bloomberg) — Oil prices pose a high risk to the global economic recovery, with signs that fuel costs are starting to “take their toll” on demand growth, the International .........
see more >>Eni and Sonatrach have made a significant oil and associated gas discovery in the Berkine North Basin in the Algerian desert.Italian energy major Eni and Algerian national state-owned oil co.........
see more >>ABS has awarded Wison Offshore & Marine (WOM) Approval in Principle (AIP) for its w.semi platform supporting floating wind turbines.Source: WOMDesigned for use in the South China Sea to supp.........
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