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State oil company Saudi Aramco lowered the April official selling price for flagship Arab Light crude by 40 cents to $3.50 a barrel above the average of Oman and Dubai prices Saudi Arabia, the worlds ......
Trumps policies have upended trade flows HOUSTON: The worlds energy industry leaders meet in Houston next week as plummeting oil prices push Big Oil to slash thousands of jobs even as a pro-fossil fue ......
The Turkish minister announced plans to drill 153 new oil wells Ankara: Türkiye has significantly increased its domestic oil production, reaching a daily output of 132,000 barrels as of March, Turkish ......
The field is currently being developed through three production wells that guarantee a daily production capacity of 8,500 barrels of oil equivalent Egypt - Agiba Petroleum Company has successfully coo ......
Danish power cable maker and services provider NKT has completed the first installation campaign Norway to connect Aker BP-operated Yggdrasil offshore oil and gas area to shore. NKT said the first ins ......
Sabah Shell Petroleum Company (SSPC), a subsidiary of Shell, has produced first oil from Phase 4 of the Gumusut-Kakap-Geronggong-Jagus East (GKGJE) deepwater development off Malaysia. The Phase 4 prod ......
Alexandre de Gusmão floating, production storage and offloading (FPSO) unit has entered Brazilian waters, and is heading to Petrobras’ Mero field in Santos Basin for commissioning works before being p ......
Guyana Deepwater Operations, a subsidiary of Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has picked EnerMech, a ......
The National Energy Services Company (Tarshid) and Qassim University have launched a large-scale solar panel installation project aimed at enhancing energy efficiency across the university’s buildings ......
In international markets, the Brent crude forwards dropped by 58 cents to settle at USD 71.04 pb, while those of the West Texas Intermediate crude edged down by 11 cents, reaching USD 68.26 a barrel K ......