Why Big Oil Isn’t Afraid of Peak Oil Demand
Big Oil firms expect global oil demand to stop growing at some point early next decade. But the…
Local firms drive new growth phase in Nigeria’s oil sector
Following this trend, Renaissance Africa Energy — after acquiring Shell’s onshore assets, is committing to investing $15 billion…
Galp eyes 40 per cent oil output rise in Brazil with new field
“Once the FPSO reaches plateau over the next few years, Galp’s production in Brazil will increase by around…
U.S. Oil Giants Fight Over Guyana’s 11-Billion Barrel Treasure Trove
This week, a private arbitration panel in London began hearing the arguments of U.S. supermajors ExxonMobil and Chevron…
Kazakhstan Defies OPEC+ Once Again
Kazakhstan’s oil production rose 2% in May, defying yet another OPEC+ quota and testing the limits of Saudi…
ExxonMobil Continues to Prove It’s the Best-Run Company in the Oil Patch
ExxonMobil delivered industry-leading financial results in the first quarter. That empowered it to return an industry-leading amount of…
Lower profits at US oil giants amid fall in crude prices | Northwest & National News
US oil giants ExxonMobil and Chevron reported lower profits Friday, reflecting the hit from falling crude prices amid…
Oil minister meets ExxonMobil delegation to boost partnership
Minister of Oil and Gas, Khalifa Rajab Abdulsadiq, met with a delegation from ExxonMobil on Saturday to discuss…
H-Line Shipping, ExxonMobil name LNG carrier duo in South Korea
South Korea’s H-Line Shipping and US energy giant ExxonMobil recently named two newbuild liquefied natural gas (LNG) carriers…
If 1,000 GW Equates To 82 Bcfd Of Gas Wells, Why Wouldn’t Big-Gas Jump On AI Power
. Getty Global Electricity Consumption. So why is the oil and gas industry interested in providing electrical power…
Caspian oil pipeline consortium readies for court battle in Russia over stoppage order
Other OPEC+ members including Saudi Arabia have been also pressing Kazakhstan to cut production to meet its quotas.…
Guyana is the World’s Newest Petro-State
In a mere six years, one of South America’s poorest nations, Guyana, has emerged as the world’s newest…