International1 month agoEni secures loan for Coral North FLNG project off MozambiqueSecond FLNG-based gas production project for the Italian oil major in Mozambique is set to be completed in 2028 The…
International1 month agoChevron Seeks Improved Terms to Buy Iraq’s West Qurna 2 Oilfield from LukoilU.S. oil major Chevron is pressing Iraq to improve returns on the giant West Qurna 2 oilfield as a condition…
International1 month agoGlobal Oil Discoveries Are Badly Lagging ConsumptionAnnual conventional discoveries have fallen from over 20 billion boe in the early 2010s to about 8 billion boe since…
International1 month agoNorth America Adds More Rigs Week on WeekNorth America added six rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was…
International1 month agoEnergean Forecasts Lower 2026 Gas ProductionEnergean on Tuesday forecast 2026 production of 140-150 thousand barrels of oil equivalent per day (kboed), below last year’s numbers,…
International1 month agoEni secures loan for Mozambique’s second FLNG projectThe African Development Bank has approved a $150m senior loan to support the development of Eni’s Coral North FLNG project…
International1 month agoNigeria Discovers New Oil Well, NNPC, Chevron Eye 146,000 Barrels Per DayNigeria’s oil production outlook has received a major lift following the successful discovery of a new oil well in the…
International1 month agoOil demand to hold above 100 million bpd through 2040, says ADNOC CEOThe head of Abu Dhabi National Oil Company (ADNOC) said global oil demand will remain above 100 million barrels per…
International1 month agoLibya signs 25-year oil deal with TotalEnergies and ConocoPhillipsA Waha source said the company’s daily output typically ranges between 340,000 and 400,000 bpd under normal operations Libya signed…
International1 month agoEurope Taps Gas Storage at the Fastest Pace in Five YearsEurope is leaning more heavily on gas reserves this winter, with this month’s withdrawals running at the fastest pace in…