Russia-Saudi oil cooperation is still going strong as part of the OPEC+ alliance, which will do “whatever necessary” to support the market, Saudi Energy Minister Prince Abdulaziz bin Salman told a conference on Wednesday.
Moscow is nevertheless not in competition with other top oil-producing and exporting nations, the foreign minister says
Foremost gender equity advocacy group in Nigeria, the Women in Energy Network (WIEN), has expressed delight at the Oil and Gas Companies Order 2024 just released by President Bola Ahmed Tinubu.
All major oil and gas companies plan fossil fuel expansion incompatible with limiting warming to 1.5 degrees Celsius, a new report said Wednesday.
East Pipes Integrated Company for Industry has agreed to cancel its SAR 153 million ($40.8 million) contract with Saudi Arabian Oil Company (Aramco).
Egypt’s oil and gas sector is poised for growth, according to statements made by Minister of Petroleum and Mineral Resources Tarek El-Molla. The Minister highlighted the country’s promising potential and significant reserves, which can be leveraged to attract further investment and boost production.
New Global Witness analysis released today shows Scotland’s renewable energy jobs soared 70% between 2015 and 2022, according to Office of National Statistics (ONS) estimates.
Chinese offshore oil and gas major said it had filed an arbitration claim to establish a right over Hess’ stake in the giant Guyana oilfield Stabroek in the event of the U.S. firm’s sale to Chevron.
Oil prices rebounded on Thursday as U.S. crude and gasoline stock drawdowns lent support despite signs that the US Federal Reserve may keep interest rates higher for longer.
The Revolutionary Government of Zanzibar and Ministry of Blue Economy and Fisheries has successfully launched Zanzibar’s 1st Licensing Round, which invites bids for 8 blocks totalling 31,883 km².