trends

(WO) – Eni and Azerbaijan’s state energy company SOCAR have signed three Memorandums of Understanding (MoU) in the areas of energy security, greenhouse gas emissions reduction and the biofuel production chain. Absheron field […]

(Bloomberg) – Carlos Slim, Latin America’s richest person, boosted his stake in U.S. oil and gas producer Talos Energy Inc. this week in the aftermath of a surprise exit by its founder and chief executive […]

(Bloomberg) – One of the most contentious investing strategies on Wall Street might be a lot less beleaguered right now if its defenders had shown a bit more moderation from the get-go, according to Kyle […]

(WO) – CNOOC Limited announced that the Wushi 17-2 oil field development project has commenced production offshore China. The project is in Beibu Gulf, with an average water depth of approximately 28 m. […]

(Bloomberg) – Artificial intelligence will ultimately help drive down oil prices over the next decade as improved U.S. shale production outweighs better oil demand, according to Goldman Sachs Group Inc. The bank forecasts […]

(Bloomberg) – Artificial intelligence will ultimately help drive down oil prices over the next decade as improved U.S. shale production outweighs better oil demand, according to Goldman Sachs Group Inc. The bank forecasts […]

(WO) – Invictus Energy Limited has provided an update on activities at its 80% owned and operated Cabora Bassa Project onshore Zimbabwe. Following the completion of the interpretation of the CB23 seismic survey data and […]

(WO) – Noble Corporation plc announced the completion of its acquisition of Diamond Offshore Drilling, Inc (“Diamond”). This transaction enhances Noble’s position as a leading offshore driller, creating the largest fleet of 7th generation dual-BOP […]

(Bloomberg) – OPEC+ postponed its oil supply hike by two months, but the move wasn’t enough to roll back steep losses in crude prices amid fears about fragile demand. Key coalition members won’t […]

(WO) – Talos Energy Inc. announced that its Ewing Bank 953 well offshore in the U.S. Gulf of Mexico successfully discovered commercial quantities of oil and natural gas. Separately, Talos entered into an agreement to […]