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Aug 7, 20241 min read

Diamondback Energy raises 2024 oil production target as U.S. shale drillers lift forecasts

Diamondback, one of the largest independent operators in the oil-rich Permian basin of West Texas and New Mexico, expects to pumps as...

Aug 5, 20241 min read

The world's top offshore oil fields play a vital role in meeting the ever-growing energy demand

The exploration and extraction of oil from beneath the ocean floor have propelled numerous offshore fields into the limelight as crucial...

Aug 2, 20241 min read

Hess increases oil and gas production on Guyana,

Hess increases oil and gas production on Guyana, Bakken success amid Chevron, ExxonMobil arbitration Read More:...

Jul 31, 20241 min read

ADNOC’s SARB Field begins AI-enabled digital operations

ADNOC has announced that its offshore Satah Al Razboot (SARB) field has achieved a 25% increase in production capacity through the...

Jul 29, 20241 min read

No easy answers to China’s raging thirst for oil

China has been making noteworthy offshore oil discoveries recently. Earlier this month, state-run China National Offshore Oil Corporation...

Jul 26, 20241 min read

The US will be an oil production powerhouse through at least 2026, Goldman Sachs says

America's oil production boom will last for at least the next 18 months, according to Goldman Sachs. Read More:...

Jul 24, 20241 min read

Rebellions scores $15M Series B extension from Saudi Aramco’s venture arm, eyes Saudi expansion

Rebellions secures $15M from Wa’ed Ventures, accelerating AI chip expansion and development in Saudi Arabia Read More:...

Jul 22, 20241 min read

Collective push required to meet decarbonisation charter goals, Cop28 President says

PetroChina has also become a signatory of the charter that calls for net zero emissions by 2050, Dr Sultan Al Jaber tells ministerial...