Chinese petrochemical makers have started idling capacity as the cost of their feedstocks rises amid the Middle East war, Bloomberg has reported, noting that output is down to the lowest in three years.
In a release sent to Rigzone recently, Eni announced a “significant” gas and condensate discovery offshore Egypt.
Italian Premier Giorgia Meloni said it was too early to consider tapping Russian gas despite the Iran war driving up energy prices and squeezing supply.
Senegal is advancing its hydrocarbon development strategy with new regulatory reforms and growing upstream activity, as the country moves to build out a more integrated oil, gas and power sector.
The head of Morocco’s National Office of Hydrocarbons and Mines, Amina Benkhadra, has disclosed that an intergovernmental agreement on the proposed $25 Billion Nigeria-Morocco gas pipeline will be signed before the end of 2026.
The Public Interest and Accountability Committee (PIAC) has expressed concern over the continuous decline in Ghana’s crude oil production, warning that the country’s upstream petroleum sector risks collapse unless urgent steps are taken to reverse the trend. According to the committee, daily oil output has dropped significantly from over 120,000 barrels to less than 80,000 […]
bp Plc’s new Chief Executive Officer Meg O’Neill is restructuring the company and consolidating its leadership, moving quickly to fulfill her remit of turning around the beleaguered energy giant after years of underperformance.
Petrobras has approved the final investment decision (FID) for the SEAP I project in Brazil’s Sergipe-Alagoas basin, marking a key step in developing a new offshore oil and gas frontier in the country’s northeast.
CoreMarine and Jumbo Offshore have been awarded a contract to transport, install and hook up floating LNG (FLNG) infrastructure offshore Argentina, supporting development of gas export capacity in the Golfo San Matías.
Anosh Neterwala, vice-chairman of the Neterwala Group, talks to The Energy Year about remaining ahead of the competition through in-house R&D and plans to bundle environmental services with oil and gas offerings to drive sustainability.