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UAE - December 05, 2023
The UAE has launched a USD 30-billion investment vehicle aimed at helping combat climate change in global markets by focusing on the energy…
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Guyana - December 5, 2023
The Venezuelan government has launched a referendum asking its citizens to vote on the nation’s claim to the oil-rich…
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Trinidad and Tobago - December 04, 2023
Trinidadian conglomerate ANSA McAL has signed an MoU with local renewables company Kenesjay Green (KGL) to develop green energy projects in the…
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NEWS
Saudi Arabia - December 04, 2023
Saudi Arabia has seen a 300% increase in installed renewables capacity since it launched its Saudi Green initiative in 2021, the government…
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UK - December 01, 2023
BP has purchased the final shares of UK-based solar and battery leader Lightsource BP for USD 320 million, the British energy giant announced on…
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NEWS
Multinational - December 01, 2023
OPEC+ members have agreed to oil production cuts totaling 2.2 million bopd for early 2024, the oil and gas organisation announced on Thursday. …
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NEWS
Greece - November 30, 2023
Greece is expected to quadruple gas export potential by the end of 2030, Deputy Minister of Environment and Energy Alexandra Sdoukou announced on…
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India - November 30, 2023
India has opened the first tranche of its new minerals auction with 20 concessions on offer, the government announced on Wednesday. The 20…
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Oman - November 29, 2023
In what will be a first for Oman, Petroleum Development Oman (PDO) announced on Wednesday that it will begin an extended pilot using CO2 for…
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Guyana - November 29, 2023
Saipem has been awarded an EPCI contract by ExxonMobil for works at its Whiptail oilfield project on Guyana’s prolific Stabroek block, the Italian…
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Iraq - February 20, 2015
Russia’s Lukoil has completed a 2D-seismic survey at its block 10 concession in southern Iraq. The survey began in April 2014 and finished…
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Saudi Arabia - February 19, 2015
Saudi Aramco, the largest oil exporter in the world, could receive a $10-billion loan to be used to fund acquisitions and other investments,…
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Peru - February 19, 2015
Ollanta Humala, Peru’s president, inaugurated four new members of his cabinet on Tuesday, on the back of strong calls from opposition parties amid…
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Mexico - February 19, 2015
Pemex, Mexico’s state-run oil company, has put a selection of deepwater exploration projects on hold and will make personnel cutbacks in response…
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Canada - February 19, 2015
Oil and natural gas companies may cut more than $86.4 billion in capital expenditure from their 2015 budgets as a result of the falling oil prices,…
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Kurdistan Region of Iraq - February 18, 2015
A consortium led by Abu Dhabi’s national oil company Taqa has witnessed positive results from the Atrush-3 well in the eastern part of the Atrush…
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- February 18, 2015
China is considering the option of merging some of its state-owned oil companies in order to compete with the largest oil companies and operate more…
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Qatar - February 18, 2015
Kenya is delaying the signing of a 1-million-tonnes-per-year LNG agreement with Qatar, owing to a gas discovery in onshore block 9 pegged at 51 bcm…
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Mexico - February 17, 2015
Mexico’s Pemex confirmed Monday that it will cut its budget by 11.5 percent to $32.2 billion. The national oil company backed cuts of $4.16…
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Libya - February 17, 2015
Despite oil prices rising to $62 per barrel on Monday, concerns still loom in Libya over the ongoing violence involving Islamic State (IS)…
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