Petronas, Indonesia Ink New PSC, Extend Ketapang Contract
The Indonesian government and Petronas signed another 20-year extension for the Ketapang PSC and simultaneously signed a new offshore PSC.
The Indonesian government and Petronas signed another 20-year extension for the Ketapang PSC and simultaneously signed a new offshore PSC.
Lula reportedly plans to nominate the former head of Brazil's oil and gas regulator to be Petrobras' new CEO.
OPEC+ is once again grappling with the thorny question of how much oil its members are actually capable of pumping.
Oil fell as US economic data showed inflation remains elevated, adding to bets the Federal Reserve won't rush to cut interest rates this year.
Evolution posted $289 million in quarterly net income.
The U.S. Energy Information Administration lowered its West Texas Intermediate oil price forecast for 2024 and 2025.
The net loss was primarily driven by a non-cash impairment charge recorded on classifying its non-core Saskatchewan assets as held for sale.
The joint study includes transport methods and shipping/receiving conditions into underground storage in Australia.
ADNOC Drilling has secured a $1.7 billion contract to provide drilling and associated services for the recovery of unconventional energy resources.
'This milestone announcement is meaningful for PBS and allows us to press ahead with our five-year strategic plan across TotalEnergies' seven sites'.