The contract expands collaboration across all Kuwait fields to increase production and recovery
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Shell considers selling stake in biggest US oil field
Royal Dutch Shell is reviewing its assets in the largest US oil field located mostly in Texas, for a potential sale worth up to $10 billion
Oil rises again on US crude stocks build projections
Oil prices are continuing their incredible rally as yet another bullish signal, a projection for massive crude stock draws by the US’ API institute, added to the overall buoyant momentum
International oil giants bid for Qatar LNG project
Despite offering relatively low returns, six top western energy firms are competing to partner in the vast expansion of Qatar’s liquefied natural gas output
European oil majors near pre-pandemic income levels despite weakened revenues
The European oil majors saw large losses in 2020 as long-term oil and gas price forecasts were revised lower resulting in multi-billion-dollar asset impairments
Oil gains on tight supply against rising demand
Oil prices are rising today, keeping levels well over $70 per barrel, as the summer demand boost is still met with supply discipline and as negotiations that could bring back Iranian barrels to the market seem to be dragging in time
Oil rises further on demand uptick, supply maintenance and vaccination campaign breakthrough
Oil prices continue their ascent as rising demand, supply maintenance and a push to accelerate the global inoculation help preserve last week’s bullish environment
Norwegian firm FutureOn creates tool to impact full oil and gas lifecycle
The software company focused on the energy sector, designed a tool “for the next-generation energy engineer that will impact project economics across the full lifecycle.”
Big Oil’s watershed moment: five things you need to know
Pressures around climate change and the energy transition are having an impact
Uganda to grow oil production in the next five years
Uganda has potential to become top five oil producer in Sub-Saharan Africa in the next five years