Oil & Gas
Asia
Aramco Signs $11b Jafurah Midstream Deal With GIP Consortium
Jafurah Midstream Gas Company has secured a major foreign direct investment, together with a lease and leaseback agreement for the development and usage rights of Aramco's midstream assets at Jafurah. The transaction guarantees Aramco a receipt of $11 billion...
Companies
BP Reveals Major Oil And Gas Discovery In Brazil In 25 Years
BP has unveiled what it considers its most important oil and gas discovery in more than 25 years. Found in Brazil’s Santos basin, the discovery comes at a time when the company is shifting from a recent push into...
Asia
Kazakhstan Unveils Long Term Oil Refining Strategy
The government of Kazakhstan has approved a long-term oil refining strategy for sector growth that will last from 2025 to 2040. This strategy intends to make the industry more competitive in light of changes in the global energy market...
America
Trump Administration Keeps Eddystone Power Plant Running
As a precautionary measure against electricity shortages in the 13-state mid-Atlantic grid, the U.S. Department of Energy has directed an oil and gas facility in Pennsylvania to maintain its turbines during the hottest summer months.
The department's order to the...
News & Press Releases
ADNOC Deepens Energy Partnerships with US Companies
Strategic agreements announced during UAE-US business dialogue with President Trump will potentially enable $60 billion of US investments in UAE energy projects
US is top priority market for XRG and the company is set to boost investments across...
Oil & Gas
The UK Can Get 50% Oil & Gas Locally from North Sea – OEUK
The UK still happens to hold quite a significant portfolio of oil & gas reserves in the North Sea that is indeed capable of meeting half the country’s energy requirements in the upcoming decades, as per a recent analysis...
Africa
Algeria Aims Annual Natural Gas Production of 200 Billion M3
Algeria has gone on to make clear its energy endeavors by way of setting its target at a yearly production of gas of 200 bn cubic meters by the end of this decade. This announcement comes to the fore...
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