SBM Offshore N.V. has posted record directional revenue for 2024, as well as increases in earnings before interest, taxes, depreciation, and amortization (EBITDA) and net profit.
bp today reached agreement on all contractual terms with the Government of the Republic of Iraq to invest in several giant oil fields in Kirkuk providing for the rehabilitation and redevelopment of the fields, spanning oil, gas, power and water with potential for investment in exploration.
Woodside Energy Group Ltd. is preparing to give the go-ahead for its Louisiana LNG project as Australia’s biggest natural gas producer looks beyond its core markets in Asia.
Brazilian regulators are cracking down on some offshore drilling by oil giants like Petrobras and Equinor ASA, complicating exploration and production projects at a key moment in the nation’s effort to boost crude output.
Galp has successfully drilled, cored and logged the Mopane-3X well offshore Namibia and confirmed the presence of light oil and gas condensate in significant quantities, the company announced on Tuesday.
Tullow Plc Board Chairman, Phuthuma Nhleko, has reaffirmed the company’s strong commitment to the growth of Ghana’s energy sector, highlighting its long-term partnership with the country for close to two decades.
The CEO of the Upstream Petroleum Chamber, David Ampofo, accompanied by Ops Advisor, Dr Kwame Boakye-Agyei has called on the Commissioner General(CG) of the GRA, Mr. Anthony Kwasi Sarpong. Mr Ampofo congratulated the CG on his new appointment and said the industry was looking forward to his support. There have been several high profile tax […]
Goldman Sachs has provided estimates that a proposed 10% U.S. oil tariff could cost foreign producers $10 billion per year, with Canadian and Latin American heavy crude producers heavily reliant on U.S. refiners due to limited alternative buyers and processing capabilities.
Natural gas prices have jumped in recent weeks in all major consuming markets, including in the United States, where prices have soared by more than 160% from this time last year.
Iraq remains fully committed to its pledges in the OPEC+ agreement as the restart of oil exports from the semi-autonomous Iraqi region of Kurdistan appears imminent.