Ecopetrol, Colombia’s majority state-owned energy company, has announced the signing of five agreements with Parex Resources to enhance oil and gas production in the South American country.
Sound Energy has confirmed the completion of the transaction for the partial divestment of its Moroccan assets through the sale of its entire issued share capital in Sound Energy Morocco East Limited to Managem for a total value of up to $45.2m.
Sinopec has secured the International Organization for Standardization’s (ISO) approval for China’s first heavy oil technical specification.
Nigeria’s Dangote Refinery has announced its inaugural petrol export to Cameroon, marking a significant milestone in regional energy integration.
Global energy technology firm SLB has secured a contract from Petrobras for delivering integrated services across all its offshore fields in Brazil.
OMV has announced the immediate termination of its long-term natural gas supply contract with Gazprom Export due to multiple fundamental breaches of contractual obligations.
The Organization of the Petroleum Exporting Countries (OPEC) has reportedly reduced its 2024 global oil demand growth forecast for the fifth consecutive month, marking the largest cut so far.
Exxon Mobil has announced plans to increase its oil and gas output by 18% by 2030, with a focus on expanding its operations in the US and Guyana.
TotalEnergies has expanded its gas portfolio by acquiring full ownership of SapuraOMV Upstream, a Malaysian independent gas producer.
Equinor, alongside partners Var Energi and Petoro, plans to start oil production at the Johan Castberg field before February 2025.
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.
