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Sep 15, 20231 min read

TotalEnergies announces oil project worth approximately $9bn

TotalEnergies has initiated the preparatory studies for the major exploration venture in Block 58, situated offshore of Suriname, marking...

Jul 25, 20231 min read

Sharjah National Oil Corp signs carbon capture deal with Japanese firm

UAE-based state energy giant Sharjah National Oil Corp (SNOC) has signed a deal with Japan’s Sumitomo Corp for work on a carbon capture...

Jul 17, 20231 min read

Oil surge to $80 shows long-awaited market tightening is here

It’s far from clear whether crude’s return to $80 will herald a major price rally Read More: https://lnkd.in/d_KjhbBY

May 23, 20231 min read

Oil Rises for Third Day on US Inventory Draws, Saudi Warning

Prince Abdulaziz bin Salman tells short sellers to ‘watch out’ Crude earlier rallied to highest since May on inventory draw Read More:...

May 18, 20231 min read

Libya’s Oil Chief Sees Output Hitting Decade High by Year End

Production to rise to about 1.3 million b/d by year end. NOC Chairman Bengdara seeks $17 billion to raise output. Read More:...