ExxonMobil made its first world-class oil discovery in Guyana’s territorial waters in 2015
A wave of freezing weather is sweeping across Asia and will likely boost energy demand on the continent as the thermometer plunges deep below zero
Russia’s oil production and exports have shown remarkable resilience in 2022, but 2023 may be a different story, according to Antoine Halff, the co-founder and chief analyst at Kayrros.
The year 2022 was a tough one for the growing number of people living in food insecurity and energy poverty around the world, and the beginning of 2023 is looking bleak
With over 125 billion barrels of crude oil reserves and 620 trillion cubic feet of natural gas – estimates that are expected to further increase as multi-year exploration campaigns yield new discoveries – Africa is well-positioned to usher in long-term and sustainable economic growth on the back of hydrocarbon development.
From 2022 to 2030, Offshore Drilling Rigs Market is anticipated to expand at a CAGR of 6.63%. Within the projection period, the Offshore Drilling Rigs Industry Revenue is anticipated to increase to USD 147.7 Billion.
The government of Uganda has approved construction of a crude pipeline project worth US $3.5bn. The country’s cabinet approved the application to construct the pipeline by the East African Crude Oil Pipeline Company Ltd (EACOP).
The Chamber of Petroleum Consumers, Ghana (COPEC) says the price of petroleum products may see a decline if the oil secured by government is distributed this week.
The shift away from a carbon-based economy risks stranding a large number of assets, particularly in sectors with high financial market exposure, such as oil and gas.
Oil & Gas Middle East is pleased to announce that the the nomination deadline for the 13th Oil & Gas Middle East Awards has been extended until Friday, 27 to allow more time for nominees to pull together their submissions.