Exxon makes new discovery at Whiptail in the Stabroek Block offshore Guyana
The Whiptail discovery is located approximately 4 miles southeast of the Uaru-1 discovery...
Category : Oil & Gas
Petrobras launches tender for EPCI services for its Búzios 8 project
Commercial proposals must be submitted by October 14 and the contract is for a period of five years...
Oil prices decrease as Chinese crude import sends warning signals
Experts warn if OPEC does not agree to raise supplies, high oil prices will lead to demand destruction...
Oil prices soar to a three year high as OPEC+ abandons meeting without a deal
Several days of negotiations could not resolve a dispute between Saudi Arabia and the UAE...
UAE to become the first major oil exporter to target net-zero by 2050
The UAE announced its plan before its meeting at the Glasgow climate summit and it could achieve its target while continuing to sell oil and gas...
China discovers new oil and gas in Xinjiang Uygur autonomous region
Located in the Fuman Oilfield area, the well contains 1 bn ton of oil and gas...
ADNOC awards $510 mn contract to Saipem to expand Shah sour gas capacity
The contract will increase the plant’s capacity by 13% to 1.45 bn cubic feet per day by 2023...
Oil prices rise as negotiations between US and Iran are due to resume
The price increased for a third on Tuesday after holding around a one-week high...
Spending on new oil and gas projects needs to end: IEA
IEA says there is a narrow path that exists for the world to avoid catastrophic climate change in the future...
Petrobras to hire new FPSO for the Buzios field, starts bidding process
The P-80 will be the largest oil production unit operating in Brazil...