Saipem Has Bagged $7 Billion Worth of Contracts This Month
The Italian energy engineering company has bagged four contracts this month, involving jobs in Saudi Arabia and Qatar worth a total of about $7 billion.
TotalEnergies' $9B Suriname Bet Expands Atlantic Oil Boom
Suriname is years behind neighbor Guyana in enticing foreign explorers and reaping the vast riches of massive offshore oil troves.
WTI Holds Gains After Volatile Week, Brent Edges Lower
Oil prices closed flat after a volatile session, with WTI at $71.92 and Brent at $74.49, as rising Middle East tensions offset the fading impact of the Federal Reserve's rate cut and ongoing concerns about China's demand.
Trafigura Prepares for CEO Handover to Gas Boss Richard Holtum
Trafigura Group is preparing for a leadership handover.
SLB, NVIDIA Developing Gen AI Solutions for Energy
'Generative AI is emerging as a crucial catalyst for change', SLB's CEO said.
TotalEnergies Starts Production in Argentina's Fenix Gas Field
The Fenix field is part of the Cuenca Marina Austral 1 (CMA-1) concession, in which TotalEnergies holds a 37.5 percent operated interest.
Permian Resources Completes Delaware Basin Acquisition from Occidental
Permian Resources completed its purchase of Delaware Basin acreage and midstream infrastructure from Occidental for about $818 million.
Woodland Biofuels Invests $1.35B in RNG, H2 Facility in Louisiana
Commercial operations for the first phase are projected to start in 2028.
Subsea7 Bags Over $2.5B of Contracts from Petrobras, Serica
Subsea7 SA has secured several contracts from Serica Energy and Petrobras for field development and pipelay support vessels.
Biden Climate Chief Podesta Touts Oil Boom as Economic Victory
America's oil and gas boom got a surprising endorsement Thursday from the president's top climate adviser.
TotalEnergies Extends LNG Supply Agreement with CNOOC by 5 Years
The agreement is for the delivery of 1.25 million tons of LNG per year to China until 2034.
Strategists See Potential for Large USA Stock Draw in Next EIA Report
'Looking ahead to next week's release, we see potential for a large commercial U.S. crude stock draw'.
JP Morgan Talks Global Oil Demand
'Total oil demand remains significantly below our published projections', J.P. Morgan analysts warned.
Talks on Export of Azerbaijan Gas to Europe via Ukraine Drag On
Ukraine is in talks about supplying Azeri gas to Europe through its network of pipelines but hasn't yet reached an agreement.
European Commission Opens Applications for PCI, PMI Listing
Applications are open until December.
Oil Prices Rise as Fed Rate Cut Fuels Optimism
Oil prices advanced, with WTI nearing $72 a barrel, as the Fed's interest-rate cut bolstered hopes for stronger demand, despite concerns over China's slowdown and ample supply.
Cyprus Agrees to Extend Talks with Chevron-Led Group on Aphrodite Plan
The Aphrodite gas field consortium secured an agreement with the Cypriot government for further discussions on a development plan.
USA EIA Drops WTI Oil Price Forecasts
The U.S. Energy Information Administration reduced its West Texas Intermediate spot price forecasts in its latest short term energy outlook.
The Indian Apartment Behind Russian Efforts to Break USA Gas Sanctions
It's sitting 90 miles southeast of the Indian city of Mumbai.
Turkiye's BOTAS Inks LNG Agreements with Shell, TotalEnergies
State-owned BOTAS has signed two 10-year LNG supply agreements.
