The National Iranian Oil Company has awarded contracts to local players for projects aiming to boost output by up to 400,000 bopd.
READ MOREOil and Gas • Energy • News & Markets
ExxonMobil has made its first discovery of 2024 in the prolific Stabroek block offshore Guyana.
READ MORETotalEnergies has agreed to acquire Talos Low Carbon Solutions, a US carbon storage company.
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Local manufacturing gains strength in Saudi Arabia
Vikas HANDA
Managing Director
GULFTEK
Our strategy is to bring the latest technology to the Middle East and manufacture world-class products locally. -
bp: at the forefront of energy trends
Salem bin ASHOOR
Chief Representative and General Manager, UAE
BP
The aim is to diversify away from traditional fossil fuel production faster than any of our peers while significantly scaling up our low-carbon energy investments. -
Staatsolie shapes Suriname’s game-changing oil and gas sector
Annand JAGESAR
CEO
STAATSOLIE
There is a major opportunity for Suriname to benefit economically in the world’s final decades of oil and gas use. -
Suriname sees an adaptive oil and gas future
Hon. Albert RAMDIN
Minister of Foreign Affairs
SURINAME
For Suriname, oil and gas will be a stepping stone that finances a transition. -
Pushing the energy transition agenda for a sustainable future
H.E. Suhail Mohamed AL MAZROUEI
Minister of Energy and Infrastructure
UAE
We recognise that energy security, economic development and climate action are closely interlinked. -
Trinidad’s critical role in global energy security
Hon. Stuart YOUNG
Minister of Energy and Energy Industries
TRINIDAD AND TOBAGO
There is tremendous potential for regional energy security integration. Trinidad and Tobago, Guyana and Suriname need to lead the charge. -
Congo’s SNPC sees new opportunities in gas and hydrogen
Maixent Raoul OMINGA
General Director
SOCIÉTÉ NATIONALE DES PÉTROLES DU CONGO
Our aim is to become the second- or third-biggest producer of gas in sub-Saharan Africa. -
Oman’s energy ministry plans a hydrogen future
H.E. Mohsin AL HADHRAMI
Undersecretary
MINISTRY OF ENERGY AND MINERALS
We are aiming to become a world hub for hydrogen, planning to produce 1 million tonnes per year by 2030. -
Oman’s PDO leads in production and decarbonisation
Steve PHIMISTER
Managing Director
PETROLEUM DEVELOPMENT OMAN
Our medium-term target is to reach well above 700,000 bopd while at the same time halving emissions by 2030.
Latest Reports
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The Energy Year Saudi Arabia 2023
View our peerless series of energy industry reports and special editions.
The Energy Year UAE 2023
View our peerless series of energy industry reports and special editions.
The Energy Year Oman 2023
View our peerless series of energy industry reports and special editions.
The Energy Year Trinidad & Tobago 2023
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The Energy Year Kuwait 2023
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The Energy Year Nigeria 2023
Africa Oil has made a bid to boost its shares in Impact Oil & Gas, a partner of TotalEnergies in the giant Venus discovery off Namibia.
READ MOREPedro Alexandre of Nopea Energy talks about the trends driving activity in Angola’s bunkering sector.
READ MOREKuwait's Q8 has reached an agreement for the purchase of 50% of Italian biofuel manufacturer Eco Fox.
READ MOREBP is in talks with Venezuela and Trinidad on the development of the Manakin-Cocuina offshore gasfield.
READ MOREGalp Energia has announced the successful drilling of its second well offshore Namibia, boosting share prices by around 7%.
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WTI Crude FuturesKBR wins a project management EPC contract for a new refinery in Lobito, Angola.
READ MORERefined oil products used in Nigeria are now limited to a maximum sulphur content of 200 ppm.
READ MOREThe Angola LNG export plant has reportedly been shut down until late-August for final tests, traders said on Wednesday. The facility had recently…
READ MOREArgentine electricity company Pampa Energía will sell its indirect stake in Transportadora de Gas del Sur (TGS), the company announced late on…
READ MOREMexico late on Tuesday set in motion the second multiphase bid round with the approval of the first stage auction terms by the country’s National…
READ MOREClose to 400 union members employed by Wood Group will go on strike July 26, they announced on Tuesday. Working across eight Shell-operated North…
READ MORENorth African <a href='https://theenergyyear.com/companies-institutions/opec/'>OPEC member Algeria has raised output by at least 75,000…
READ MOREA pipeline near Warri, Nigeria was attacked Monday. While no militant group has claimed responsibility yet, local media on Tuesday credited the…
READ MOREIraq leapfrogged Saudi Arabia in the second quarter to become the number-one crude supplier to India, local media reported on Tuesday. According to…
READ MOREThe National Shipping Company of Saudi Arabia (Bahri) announced over the weekend that it had reached an agreement with the Arab Petroleum Investment…
READ MOREExxonMobil on Monday officially announced it had bid for InterOil in an effort to bolster its LNG operations in Papua New Guinea. The US major made…
READ MOREPemex has secured the biggest Japanese loan to a Latin American company to date, Mexico’s state-owned giant announced late on Friday. The company…
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