Blog | MyPetroCareer

APPO, Afreximbank sign implementation of African Energy Bank

*Eng. Tarek El Molla, Egyptian Minister of Petroleum and Mineral Resources looks on as Prof. Benedict Oramah, President and Chairman of Board of Directors, Afreximbank (left) exchanges Establishment Agreement documents for the Africa Energy Bank […]

Oil falls up to 1% on worries of supply rising later in 2024

*Oil trading. Houston/Singapore — Oil prices eased as much as 1% in Asian trade on Tuesday, extending losses from a four-month low in the previous session, as investors worried about supply ticking up later in […]

Seatrium, M1 partner to accelerate shipyard digital transformation with 5G connectivity

(WO) – Seatrium Limited and M1 have jointly signed a Memorandum of Understanding (MoU) to accelerate digital connectivity to aid yard operations, marking a significant milestone in Seatrium’s digital transformation journey. The strategic […]

Oil dives 3%, OPEC+ decision fails to allay demand worries

*Austrian police officers stand in front of the OPEC headquarters in Vienna, Austria, June 3, 2023. REUTERS/Leonhard Foeger/File Phot. – Brent, WTI futures fall to near four-month low– OPEC+ agreed to extend supply cuts into […]

Saudi Aramco’s $12 billion share sale sells out in mere hours

(Bloomberg) – Saudi Aramco’s $12 billion share sale sold out shortly after the deal opened on Sunday, in a boon to the government that’s seeking funds to help pay for a massive economic transformation plan. […]

Oil prices steady as investors assess OPEC+ output cut extension

*Freeport, Texas, April 27, 2020. REUTERS/Adrees Latif/File Photo New Delhi — Oil prices were little changed on Monday, as investors weighed a move by producer group OPEC+ to extend deep output cuts well into 2025. […]

Canada’s Surge Energy makes “exciting” Sparky crude oil discovery in Alberta’s Hope Valley

(WO) – In its latest operational report, Canada’s Surge Energy announced an “exciting” crude oil discovery in Hope Valley, Alberta. Source: Surge Energy Over the last four years, Surge assembled a 32.5 net […]

News

OPEC+ extends deep oil production cuts into 2025

*The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC’s headquarters in Vienna, Austria April 9, 2020. REUTERS/Leonhard Foeger London/Dubai — OPEC+ agreed on Sunday to extend most of […]

PTDF moves to commercialize oil & gas research products

*Vice Chancellor of Uniport, Prof George will Owunari with members of PTDF Professoral Chair on Gas Engineering and officials of PTDF in Port Harcourt. Mkpoikana Udoma Port Harcourt — The Petroleum Technology Development Fund, PTDF, […]

OEUK challenges UK Parliament candidates to support domestic offshore industry

(WO) – As the UK Parliament is dissolved and campaigns enter their second full week, leading trade body Offshore Energies UK (OEUK) has challenged every candidate standing in the July 4th General Election to back […]