The finding improves the understanding of local exploration potential and supports assessment of petroleum systems in the Foz do Amazonas Basin. Credit: Petrobras. Petrobras has announced the ...
The market’s recent stability follows the restart of Saudi Arabia’s oil tanker loadings from Yanbu. Credit: Sven Hansche/Shutterstock.com. Oil prices remained steady on Thursday 1 October, supported ...
Prior to its invasion of Ukraine, Russia was the EU’s leading supplier of oil, natural gas and solid fossil fuels, vital components of the continent’s energy mix. In 2019, Russia was the world’s ...
Shell holds a 40% interest in the project and expects to receive nearly 6mtpa of additional LNG from the development. Credit: GreenOak/Shutterstock.com. Shell Canada Energy, an affiliate of Shell, has ...
First gas production from Bussabong is targeted for the end of 2028. Credit: auliyahanif/Shutterstock.com. Thailand’s PTT Exploration and Production (PTTEP) and its ...
The Sapukala acreage sits at water depths ranging from 1,000m to 2,500m. Credit: James Jones Jr/Shutterstock.com. Italian energy company Eni has secured a new deepwater exploration licence in ...
The Organisation of the Petroleum Exporting Countries (OPEC) is the world’s most influential group of oil producers and exporters, with 14 member states across three continents, controlling over 80% ...
The new planned project in Kenya will have a refining capacity of 700,000bpd. Credit: Dongfang/Shutterstock.com. Engineers India (EIL) has secured a contract exceeding $450m to act as the project ...
Enbridge will take a 51% stake in the Powder River Gateway system, comprising two pipelines totalling 240,000bpd. Credit: fotokaleinar/Shutterstock.com. Enbridge has ...
Touchstone completed the acquisition of Shell Trinidad Central Block, now renamed Touchstone Trinidad Central Block, in May. Credit: Ranimiro Lotufo Neto / Shutterstock. Touchstone Exploration has ...
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