A distinctive feature emerging in the U.S.’s energy policy in Donald Trump’s second presidential term is not just that it penalises Washington’s political, economic, and/or military adversaries but it also does so to the advantage of the country’s own energy sector and its broader geopolitical objectives. A subtle case in point is last week’s signing […]
Oil is set to close out the week with a gain, marking the first upside for crude since mid-January.
The CPA awarded to Accell enables Aramco to efficiently procure InflowControl’s patented AICV® technology to support the reduction of unwanted water and increase of net-oil from their onshore and offshore wells.
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, after a 2-rig increase in the week prior.
Italy’s Saipem and Norway’s Subsea7 announced on Sunday that they have reached an agreement in principle and signed an MoU for the possible merger of the two companies.
Iraq will receive around 185,000 barrels of crude oil a day from the semi-autonomous region of Kurdistan after exports resume via a pipeline to Turkey, a deputy Iraqi oil minister told the state-run Iraqi News Agency on Sunday without providing a time frame.
Exxon Mobil Corp. outlined plans to increase natural gas production from oil-focused Guyana and is considering options to export the fuel to global markets, country manager Alistair Routledge said Wednesday.
Crude oil prices were trading higher today, on course for another week of gains despite headwinds from the world of geopolitics and another weekly inventory build estimated for the United States.
Crude oil inventories in the United States saw a build of 4.6 million barrels during the week ending February 14, according to new data from the U.S. Energy Information Administration.
ADNOC has completed a marketed offering to institutional investors of 3.1 billion ordinary shares in ADNOC Gas, raising gross proceeds of approximately USD 2.84 billion, ADNOC announced on Friday.