Blog - MyPetroCareer

Namibia considers incentives to expedite TotalEnergies’ offshore development

(Bloomberg) — Namibia will offer financial incentives to help kick-start the development of oil fields managed by a group led by TotalEnergies, according to a special adviser in the presidency. TotalEnergies and Shell Plc in […]

Russian energy, transport, finance companies among privatisation candidates, says finance ministry

Shunned by Western capital since launching the conflict in Ukraine, Moscow has been seeking ways to foster more domestic private investment, increase economic efficiency and, ultimately, bolster budget revenue as Russia spends heavily on the […]

Middle East oil flows continue through Strait of Hormuz despite conflict

(Bloomberg) – A week since Israel and Iran started to exchange missile barrages, oil tanker transits through the critical Strait of Hormuz have remained largely steady. A seven-day rolling average for oil tankers […]

Oil dips as Trump indicates Iran strike decision will take time

(Bloomberg) – Oil slumped after President Donald Trump signaled a decision on whether to strike Iran will be made within two weeks, easing fears about an imminent attack from the U.S. “Easing fears of U.S. […]

Oil prices slip as US sanctions ease fears of escalation in Iran

*Crude oil barrels Houston — Oil prices slipped on Friday as the U.S. imposed new Iran-related sanctions marking a diplomatic approach that fed hopes of a negotiated agreement, a day after President Donald Trump said […]

Mozambique energy minister optimistic on TotalEnergies’ plan to resume LNG project

*Estevão Pale Appointed Mozambique’s New Minister for Mineral Resources and Energy. Tokyo — Mozambique’s energy minister said on Friday the government has not received a request from TotalEnergies to lift a force majeure declaration on […]

Nigeria, Equatorial Guinea advance GoG gas pipeline project with new roadmap

*L-R: Equatorial Guinea’s Minister of Hydrocarbons and Mining Development, H.E. Antonio Oburu Ondo; GCEO of NNPC Limited, Engr Bayo Ojulari; Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo. Mkpoikana Udoma Port Harcourt […]

Expro wins well test contract for major UK CCS project

Expro has secured a key contract to deliver integrated well testing services for a high-profile carbon capture and storage (CCS) project offshore UK. This award follows soon after the industry’s much anticipated December […]

Halliburton, Petronas announce partnership for subsurface modeling, reservoir management

Halliburton has entered into a strategic collaboration with Petronas Carigali, a Petronas subsidiary, to advance subsurface modeling and reservoir management. As part of the collaboration, Petronas will deploy Halliburton Landmark’s DecisionSpace® 365 Geosciences Suite and Unified Ensemble Modeling solutions […]

Geopolitical risk could add $10/b to oil prices

*Goldman Sachs. – Goldman Sachs estimates a geopolitical premium of approximately $10 per barrel on Brent crude, though it suggests oil could exceed $90 if Iranian supply is disrupted.– The bank’s base-case scenario, which assumes […]