*Artificial intelligence Houston — The final day of the Offshore Technology Conference in Houston, Texas commenced with a joint discussion from industry giants Shell and Occidental (“Oxy”). In a session titled “Artificial intelligence, real-time monitoring, […]
*Oil prices up – Oil prices fall more than 8% so far this week– Fed raises rates, opens door to pause in tightening cycle– ECB set to raise interest rates for 7th time in inflation […]
*Fifth offshore Guyana development – Uaru project receives government approvals; production targeted to begin in 2026– Fifth Stabroek block development will have a daily production capacity of around 250,000 barrels– $12.7 billion of additional investment […]
*A general view of ADNOC headquarters in Abu Dhabi, United Arab Emirates May 29, 2019. REUTERS/Christopher Pike/File Photo Dubai — The UAE’s state energy firm ADNOC (ADNOC.UL) said on Tuesday its planned liquefied natural gas […]
*Cushing, Okla., is a major oil storage site. London — Oil extended losses on Wednesday after plunging 5% in the previous session, as investors priced in expectations for interest rate hikes in the U.S. and […]
*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 — OPEC oil output fell in April due to […]
*Claudio Descalzi, CEO of Italian energy company Eni Rome — The CEO of Italian oil and gas company Eni, Claudio Descalzi, has said he does not expect any “big shocks” on the energy markets this […]
*The Adriatic 1 jack-up drilling rig Lagos — Shelf Drilling, Ltd. has secured a short-term contract for the Adriatic I for operations offshore Nigeria, with a firm term of 90 days and an estimated contract […]
Milan — Italian energy group Eni said on Friday its first-quarter net profit fell 11% year on year on lower oil and gas prices compared with the first three months of 2022, when Russia’s invasion of […]
*Unveiling of the Network on Organised Crimes in Nigeria and the Gulf of Guinea, held in Port Harcourt – To mitigate organized crimes– Buhari affirms Nigeria’s commitment to tackling crime in GoG Mkpoikana Udoma Port […]
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