Israel's recent missile attack on Iran is likely to significantly increase costs for sea freight, insurance and crew salaries, even if loading operations continue for the time being.
Israel's recent missile attack on Iran is likely to significantly increase costs for sea freight, insurance and crew salaries, even if loading operations continue for the time being.
ArcelorMittal is set to buy Apollo's stake in Vallourec for 955 million euros, becoming its reference shareholder. This transaction underlines a shared focus on decarbonization and energy transition.
ArcelorMittal is set to buy Apollo's stake in Vallourec for 955 million euros, becoming its reference shareholder. This transaction underlines a shared focus on decarbonization and energy transition.
ExxonMobil has launched a tender for a $75 million project to build a pipeline in Argentina, as part of its efforts to boost oil production in the Vaca Muerta shale field.
ExxonMobil has launched a tender for a $75 million project to build a pipeline in Argentina, as part of its efforts to boost oil production in the Vaca Muerta shale field.
BP announced on November 6 the delayed start-up of oil and gas production from the Seagull project, a 54 million barrel oil equivalent link to the main hub of the group's Trough Area East field, which in turn feeds the Forties crude oil volumes.
BP announced on November 6 the delayed start-up of oil and gas production from the Seagull project, a 54 million barrel oil equivalent link to the main hub of the group's Trough Area East field, which in turn feeds the Forties crude oil volumes.
The oil and gas industry uses artificial intelligence to reduce methane emissions, highlighting Project Canary's role in continuous emissions monitoring.
The oil and gas industry uses artificial intelligence to reduce methane emissions, highlighting Project Canary's role in continuous emissions monitoring.
Growing demand for oil and gas services is forecast for 2024 and beyond, with long-term investments and technological advances reinforcing the sector's stability.
Growing demand for oil and gas services is forecast for 2024 and beyond, with long-term investments and technological advances reinforcing the sector's stability.
Strikes at Australian LNG facilities are pushing up natural gas prices in Europe, while oil prices remain high despite recent profit-taking, due to the extension of production restrictions by Saudi Arabia and Russia. Concerns about demand persist, not least because of the weakness of the Chinese economy.
Strikes at Australian LNG facilities are pushing up natural gas prices in Europe, while oil prices remain high despite recent profit-taking, due to the extension of production restrictions by Saudi Arabia and Russia. Concerns about demand persist, not least because of the weakness of the Chinese economy.
Steel tube producer Emek Boru joins Galaxie Corporation to sell its assets in Turkey. The plant offers three spiral tube production lines, with certified and functional equipment.
Steel tube producer Emek Boru joins Galaxie Corporation to sell its assets in Turkey. The plant offers three spiral tube production lines, with certified and functional equipment.
Oil prices are stable despite market tensions, concerns in China, growing demand in the USA and production cuts by Saudi Arabia and Russia. Gas prices in Europe are fluctuating due to threatened strikes at Australian LNG facilities, which could tighten global supply.
Oil prices are stable despite market tensions, concerns in China, growing demand in the USA and production cuts by Saudi Arabia and Russia. Gas prices in Europe are fluctuating due to threatened strikes at Australian LNG facilities, which could tighten global supply.
TotalEnergies signs an agreement in Iraq for the exploitation of flared gas and solar energy to contribute to the country's energy autonomy. Projects include a giant solar power plant, increased oil production and the construction of a seawater treatment plant to supply Basra with drinking water.
TotalEnergies signs an agreement in Iraq for the exploitation of flared gas and solar energy to contribute to the country's energy autonomy. Projects include a giant solar power plant, increased oil production and the construction of a seawater treatment plant to supply Basra with drinking water.
Oil and gas companies are investing in green energy while maintaining fossil fuels. Despite emission reduction targets, investment in renewable energy remains low relative to spending on fossil fuels.
Oil and gas companies are investing in green energy while maintaining fossil fuels. Despite emission reduction targets, investment in renewable energy remains low relative to spending on fossil fuels.
Next Bridge Hydrocarbons, an oil and natural gas exploration and production company, has completed a strategic merger and acquired working interest in the Orogrande project. This transaction strengthens Next Bridge's presence in the Texas and Oklahoma energy sector, providing new opportunities and a strong position for the future.
Next Bridge Hydrocarbons, an oil and natural gas exploration and production company, has completed a strategic merger and acquired working interest in the Orogrande project. This transaction strengthens Next Bridge's presence in the Texas and Oklahoma energy sector, providing new opportunities and a strong position for the future.
Argentina is developing its oil sector, especially with the exploitation of Vaca Muerta, a huge gas and oil deposit. YPF, the country's main oil company, is targeting production of 1.2 million barrels per day in the coming years.
Argentina is developing its oil sector, especially with the exploitation of Vaca Muerta, a huge gas and oil deposit. YPF, the country's main oil company, is targeting production of 1.2 million barrels per day in the coming years.
Equinor is restarting production at the Njord oil and gas field in Norway, after a six-year hiatus for upgrading. The company announces the launch of production of a new satellite to extend the life of the aging facility, as well as the challenges faced due to the pandemic.
Equinor is restarting production at the Njord oil and gas field in Norway, after a six-year hiatus for upgrading. The company announces the launch of production of a new satellite to extend the life of the aging facility, as well as the challenges faced due to the pandemic.
The Zama Unit Development Plan marks a significant milestone for the Mexican oil industry and for the project owners, who have worked closely together to provide an efficient and cost-effective solution to develop the resources of the Zama oil field.
The Zama Unit Development Plan marks a significant milestone for the Mexican oil industry and for the project owners, who have worked closely together to provide an efficient and cost-effective solution to develop the resources of the Zama oil field.
European natural gas reaches a new low despite colder temperatures, thanks to high storage levels and good management of the energy crisis. Meanwhile, the oil market is moving without any real trend.
European natural gas reaches a new low despite colder temperatures, thanks to high storage levels and good management of the energy crisis. Meanwhile, the oil market is moving without any real trend.
Eni and Abu Dhabi National Oil Co (ADNOC) have signed a memorandum of understanding to explore energy transition projects, as the Italian government seeks to strengthen ties with the United Arab Emirates.
Eni and Abu Dhabi National Oil Co (ADNOC) have signed a memorandum of understanding to explore energy transition projects, as the Italian government seeks to strengthen ties with the United Arab Emirates.
