From the field

IEA predicts demand for fossil fuels will peak before 2030

The International Energy Agency (IEA) has forecast that demand for oil, gas and coal will peak before 2030 due to… Read More

8 months ago

BP signs drillship contract for work in Brazil

Valaris has signed a contract with British energy giant BP for use of its drillship offshore Brazil, the Texas-headquartered offshore… Read More

8 months ago

The USA and EU pledge support for Africa’s Lobito Corridor

The USA and the EU have teamed up to support the Lobito Corridor trade route linking Zambia and Democratic Republic… Read More

8 months ago

Perenco completes drilling campaign in Mexico

Perenco has completed an onshore drilling campaign to up oil production at the Santuario and El Golpe permit in Tabasco,… Read More

8 months ago

Chevron, Repsol leave oil and gas blocks in Gulf of Mexico

Chevron and Repsol have pulled out of offshore oil and gas exploration licences in Mexico, Reuters reported on Thursday Read More

8 months ago

Saipem signs up for works in Côte d’Ivoire and Italy

Saipem has signed two EPCI contracts worth USD 910 million for projects in Côte d’Ivoire and Italy, the Italian oilfield… Read More

8 months ago

Repsol acquires US renewables entity for $768 mln

Spanish energy company Repsol has entered the onshore renewables market in the USA with the acquisition of ConnectGen for USD… Read More

8 months ago

Repsol divests Canadian upstream unit to local player

Spanish energy giant Repsol has signed an agreement to sell its Canadian upstream business to Peyto Exploration & Development Corporation… Read More

8 months ago

ADNOC makes its FID on landmark CCS project

ADNOC has made its FID on what will be one of the largest CCS projects in the MENA region, the… Read More

8 months ago

Saudi Arabia and Russia extend oil cuts

Saudi Arabia and Russia have both decided to extend their voluntary oil cuts to the end of 2023, Reuters reported… Read More

8 months ago

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