Uganda is targeting net-zero emissions from its booming energy industry by 2062.
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Petrobras sells its stake in the Cherne and Bagre offshore oilfields to Perenco for $10 million.
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Our strategy involves aggressive exploration efforts domestically and internationally, coupled with the adoption of advanced recovery techniques. - Local manufacturing gains strength in Saudi Arabia
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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
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Our medium-term target is to reach well above 700,000 bopd while at the same time halving emissions by 2030.
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BP has started oil production at the new Azeri Central East platform in the Caspian Sea offshore Azerbaijan.
READ MOREMexico's presidential frontrunner has unveiled a plan to invest USD 13.57 billion in energy generation projects through 2030.
READ MORESLB has been awarded three contracts by Petrobras for completion hardware and services in the offshore Buzios oilfield.
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WTI Crude FuturesTechnipFMC has won a contract valued at up to USD 1 billion from ExxonMobil for works on the Whiptail project off Guyana.
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READ MOREMMA Offshore has clinched a $35.3-million integrated fleet contract to provide three vessels for oil and gas independent Woodside’s assets located…
READ MOREMarathon has struck a deal to sell most of its assets in the US Gulf of Mexico for $205 million to an undisclosed buyer, the US oil and gas…
READ MORECanadian Natural Resources will sell a majority of its royalty assets to PrairieSky Royalty for $1.4 billion to cope with the downturn in oil…
READ MORETransCanada has agreed to sell 49.9 percent of its interest in the 474-kilometre Portland Natural Gas pipeline to US gas company TC PipeLines, the…
READ MOREWärtsilä will provide propulsion services to supply power to a new LNG bunker and feeder vessel that is being constructed for the joint venture…
READ MORELundin Petroleum has spudded an exploration well on Block PM308A offshore Malaysia, the Swedish upstream independent announced Monday in a…
READ MOREMaersk Oil will buy assets in Kenya and Ethiopia for a projected value of $845 million, the Danish oil and gas company announced in a Monday…
READ MOREOilfield services giant Halliburton is gearing up to issue $7.5 billion in bonds in order to partly finance its planned acquisition of rival Baker…
READ MOREStatoil could lose 5.17 percent of its equity interest in the Agbami field offshore Nigeria after an arbitration tribunal in the country failed to…
READ MORETransCanada has cancelled one of two planned export terminals in eastern Canada intended to connect with the midstream company’s Energy East…
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