News

*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 […]

*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 […]

*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 […]

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 […]