January 18, 2025
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OIL & GAS RENEWABLE ENERGY

Saudi to Reduce Oil Sector Spending, Goodman Says.

Saudi Arabia is expected to put less money into the oil industry than initially predicted in its goal to invest $1 trillion in

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OIL & GAS RENEWABLE ENERGY

Subsea7 Bags Multi-million Contract in US Gulf of Mexico

Subsea7 has won a “sizeable” contract, worth between $50 and $150 million for subsea infrastructure in the U.S. Gulf of Mexico. The contract

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OIL & GAS RENEWABLE ENERGY

Oil Prices Decline Nearly 2% Amid China Demand Concerns

Oil prices settled down nearly 2% on Friday, with Brent crude closing at $79.68 per barrel and U.S. West Texas Intermediate (WTI) at

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OIL & GAS RENEWABLE ENERGY

India: ONGC Raises Stake in Gujarat Petrochemical Complex

The Indian government has approved Oil and Natural Gas Corp. Ltd.’s (ONGC) proposal of an additional investment of INR 183.65 billion ($2.2 billion)

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OIL & GAS RENEWABLE ENERGY

Italy’s Saipem Gains Approval for Hydrogen Pipeline Technology

Saipem receives from RINA two important certifications for the methodology of qualification of the performances of subsea hydrogen pipelines. The certification will allow

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OIL & GAS RENEWABLE ENERGY

IEA Holds on to 2024 Oil Demand Forecast, Trims 2025 Outlook

The International Energy Agency (IEA) has maintained its 2024 global oil demand growth forecast unchanged on Tuesday but trimmed its 2025 estimate, citing

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OIL & GAS RENEWABLE ENERGY

ADNOC Retail Unit Seeks New Chief Investment Officer

The biggest oil company in the United Arab Emirates, ADNOC, seeks to expand globally. ADNOC distribution, is looking to hire a chief investment

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OIL & GAS RENEWABLE ENERGY

Chevron Begins Deepwater Production at Anchor Project in Mexico

Chevron Corporation, has announced the beginning of oil and natural gas production from the Anchor project in the deepwater U.S. Gulf of Mexico.

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OIL & GAS RENEWABLE ENERGY

Crude Oil Exports from Saudi to China Set to Fall in September

Several trade sources have on Monday, stated that Saudi crude oil exports to China are set to slipin September to about 43 million

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OIL & GAS RENEWABLE ENERGY

Shell, PetroChina Set to Expand Surat Gas Project in Australia

Arrow Energy, a joint venture (UV) between Shell and PetroChina, has announced the commencement of Phase 2 development of the Surat Gas Project

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