The order was placed by JERA Global Markets Pte. Ltd., owned 66.7 percent by Japanese power utility JERA Co. Inc. and 33.3 percent by France’s EDF Trading Ltd, according to an online statement from ADNOC Gas on Monday.
The probability is very low that President Trump will be able to arm-wrestle Muhammed bin Salman of Saudi Arabia to produce more oil.
Sweeping US sanctions on Russia’s oil industry are unlikely to result in a “large hit” to production, as higher freight rates and the nation’s cheap crude support the trade, according to Goldman Sachs Group Inc.
In a statement, GNPC expressed its confidence in Mr Bawa’s leadership, emphasising his extensive experience and strategic vision for the Corporation.
Salunda has integrated its Red Zone monitoring solutions on four drilling rigs in Guyana with Intellilift’s proven digital technologies to deliver automated location and control of critical equipment and personnel.
Golar LNG has announced that the FLNG Gimi received feed gas from the bp-operated FPSO on the Greater Tortue Ahmeyim (GTA) project offshore Mauritania and Senegal. Full commissioning of the FLNG has now commenced.
Argentina scored its widest annual energy trade surplus in nearly two decades in 2024 thanks to booming oil and gas production in the country’s Vaca Muerta shale patch. It’s forecast to do even better this year.
SLB Capturi has completed commissioning and is handing over its modular carbon capture plant at Twence’s waste-to-energy facility in Hengelo, Netherlands. SLB Capturi is the joint venture between SLB and Aker Carbon Capture, dedicated to carbon removal and reduction solutions.
ADNOC has achieved an industry-leading carbon intensity of 0.1 kilograms of CO2e per boe in its production from an Abu Dhabi oilfield, the company announced on Thursday.
President Trump’s ‘drill, baby, drill’ policy promises to unleash a new boom in U.S. oil and gas production with eased regulations and greater access to export markets.