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Global spending on subsea infrastructure, driven by offshore projects and technological innovation, will pass the $42 billion mark by 2027.
Global spending on subsea infrastructure, driven by offshore projects and technological innovation, will pass the $42 billion mark by 2027.
PDVSA and Veneoranto, a subsidiary of Atlas Oranto, have signed an agreement to exploit the Barracuda and Boca de Serpiente gas fields, strengthening Venezuela's position in the global natural gas market.
PDVSA and Veneoranto, a subsidiary of Atlas Oranto, have signed an agreement to exploit the Barracuda and Boca de Serpiente gas fields, strengthening Venezuela's position in the global natural gas market.
The acquisition of Pioneer Natural Resources enables ExxonMobil to surpass the one million barrels of oil equivalent per day milestone in the Permian Basin, consolidating its growth strategy.
The acquisition of Pioneer Natural Resources enables ExxonMobil to surpass the one million barrels of oil equivalent per day milestone in the Permian Basin, consolidating its growth strategy.
ExxonMobil reports better-than-expected results for the second quarter of 2024, with net income of $9.24 billion, supported by record oil production and post-buyback synergies.
ExxonMobil reports better-than-expected results for the second quarter of 2024, with net income of $9.24 billion, supported by record oil production and post-buyback synergies.
Chevron and Exxon Mobil clash in arbitration over control of the Hess oil asset in Guyana, one of the world's largest oil discoveries.
Chevron and Exxon Mobil clash in arbitration over control of the Hess oil asset in Guyana, one of the world's largest oil discoveries.
ExxonMobil and its partners launch the Hammerhead project in Guyana, targeting production of 120,000 to 180,000 barrels per day and incorporating up to 30 wells.
ExxonMobil and its partners launch the Hammerhead project in Guyana, targeting production of 120,000 to 180,000 barrels per day and incorporating up to 30 wells.
Latin America will see its onshore wind capacity double to 79 GW over the next ten years, with Brazil, Chile and Argentina accounting for 81% of this regional growth, according to Wood Mackenzie.
Latin America will see its onshore wind capacity double to 79 GW over the next ten years, with Brazil, Chile and Argentina accounting for 81% of this regional growth, according to Wood Mackenzie.
ExxonMobil plans to drill up to 30 wells for its seventh oil project in Guyana, named Hammerhead, targeting production in 2029 with increased daily capacity.
ExxonMobil plans to drill up to 30 wells for its seventh oil project in Guyana, named Hammerhead, targeting production in 2029 with increased daily capacity.
According to the International Energy Agency (IEA), global oil demand will grow moderately in 2024, mainly due to lower Chinese consumption and increased energy efficiency.
According to the International Energy Agency (IEA), global oil demand will grow moderately in 2024, mainly due to lower Chinese consumption and increased energy efficiency.
Onshore wind capacity in South America will reach 79 GW by 2033, boosted by 40 GW of new installations, according to Wood Mackenzie.
Onshore wind capacity in South America will reach 79 GW by 2033, boosted by 40 GW of new installations, according to Wood Mackenzie.

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