Big Oil Stocks Hammered After OPEC’s Move To Boost Output
Oil prices declined for the fourth consecutive day amid Trump’s tariff tantrum, U.S. crude oil stocks posting a…
US Oil, Gas Rig Count Falls
By Julianne Geiger – Mar 07, 2025, 12:20 PM CST The total number of active drilling rigs for…
Mero field reaches record of 500,000 barrels of oil produced per day
There are currently 4 platforms in operation in the field, which will receive the FPSO Alexandre de Gusmão…
US Oil, Gas Rig Count Inches Up As Drillers Proceed With Caution
By Julianne Geiger – Feb 28, 2025, 12:17 PM CST The total number of active drilling rigs for…
Is Iraq Now Looking To Russia To Further Develop Its Huge Gas Potential?
Iraq is committed to increasing investment in its gas sector as a key driver for economic growth, according…
Bowman announces expansion of oil and gas footprint with acquisition of UP Engineering
Bowman Consulting Group Ltd., a national engineering services firm offering infrastructure, technology and program management solutions, today announced…
Iraq Eyes Qatari LNG Imports as It Reduces Reliance on Iran
With Iraq’s hydrocarbons making waves and LNG and KRG oil hitting the headlines, the potential for a bright…
Is Petrobras’ New Discovery Reviving Brazil’s Pre-Salt Oil Boom?
Recently, we reported that Brazilian President Luiz Inacio Lula da Silva has been pressing the country’s environmental regulators…
Eni signs an agreement with Egypt and Cyprus for the development and export of Cyprus Block 6 gas through Egypt’s existing infrastructure
The Minister of Petroleum and Mineral Resources of the Arab Republic of Egypt Karim Badawi, the Minister of…
Brazil’s Lula Defends Oil Exploration In The Amazon
Brazilian President Luiz Inacio Lula da Silva is pressuring the country’s environmental regulators to approve oil drilling near…
Upstream Oil Investment Needs 30% Boost to Meet Demand
The investment gap in green energy and weakened policy and corporate commitment to clean energy solutions could lead…
EIA: Petroleum liquids supply growth driven by non-OPEC+ countries in 2025 and 2026
The US Energy Information Administration (EIA) has predicted that worldwide production of petroleum will grow more in non-OPEC+…