Mexican state oil company Pemex reported a $9bn loss for the fourth quarter of 2024, marking a stark contrast to the profit recorded in the previous year.
Karoon Energy has entered into an agreement with Altera & Ocyan to purchase the Cidade de Itajaí FPSO for $115m.
The International Energy Agency (IEA), which works with countries around the world to shape energy policies for a secure and sustainable future, projects that global oil demand will peak before 2030.
The termination of Chevron’s license to operate in Venezuela by the US government may lead to negotiations on a new agreement.
Vår Energi has confirmed an oil discovery in the Zagato exploration well close to the Goliat field in the Barents Sea.
China is anticipated to be at the forefront of global plastics capacity additions by 2030.
Eni and Petronas are mulling establishing a joint venture (JV) holding company to oversee selected upstream assets in Indonesia and Malaysia.
The US Senate has voted to overturn the Environmental Protection Agency’s (EPA) proposed fee on methane emissions from oil and gas producers.
ADNOC has agreed to supply Osaka Gas up to 0.8 million tonnes per annum (mtpa) of liquefied natural gas (LNG) from its lower-carbon Ruwais LNG project.
BP (bp) – along with Shell, Equinor, and other oil and gas companies – has announced it will be reducing investment into renewable energy, refocusing on oil and gas production.
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.
