Uncategorised Archives | Page 24 of 119

25th January 2022

ExxonMobil to Achieve Net-Zero Greenhouse Gas Emissions by 2050

ExxonMobil, one of the world's largest oil companies, has announced plans to achieve net-zero greenhouse gas (GHG) emissions for all of its operating assets by 2050, in line with the...

24th January 2022

Woodside Energy Commissions Pre-Lay Survey at Sangomar Field in Senegal

Woodside Energy, an Australian petroleum exploration and production company, has commissioned a pre-lay survey for the deepwater Sangomar field development off the coast of Senegal, ahead of the company's subsea...

24th January 2022

U.S. Exports Increased Amid Recovering Global Demand

U.S. crude oil exports have increased in recent weeks, according to commodity analytics firm Kpler, as America leads supply increases amid stable and persistent global demand. Crude oil exports from...

21st January 2022

OPEC’s Share of India’s Crude Imports Dropped to the Lowest in 15 years in 2021

According to Reuters' calculations, OPEC's proportion of crude imports in India fell to its lowest level in at least 15 years last year, as the world's third-largest oil importer purchased...

21st January 2022

UAE Says COP28 Should Include Input from Oil and Gas Industry

Because the world cannot simply unplug from the energy system as it is today, Sultan bin Ahmed Al Jaber, the UAE's Minister of Industry and Advanced Technology and the Group...

20th January 2022

TotalEnergies and Inpex to Sell Block 14 B.V. in Angola to Somoil

TotalEnergies and Inpex will sell the Angola Block 14 B.V. company to Somoil, Angola's largest private oil company, pending approval from the Angolan authorities. The Angola Block 14 B.V. corporation,...

20th January 2022

Russia May Struggle with Oil Production Increase Under OPEC+ Adjustment– Bloomberg

According to Bloomberg, Russia, the leader of the non-OPEC producers in the OPEC+ alliance, may not deliver all of the 100,000 bpd monthly increases required by the deal this year,...

19th January 2022

It is US’s Prerogative to Release to Draw Crude from its SPR – Saudi Arabia

Saudi Arabia's Energy Minister, Prince Abdulaziz bin Salman, told Reuters on Monday that it is up to the US administration to decide whether to draw crude oil from its Strategic...

19th January 2022

OPEC Leaves its 2022 Growth Estimates Unchanged in its January MOMR

The Organization of Petroleum Exporting Countries (OPEC) announced on Tuesday in its Monthly Oil Market Report (MOMR) that it is keeping its demand growth predictions for this year unchanged at...

18th January 2022

Libya’s Crude Oil Production Back on Track to Meet 2022 Target

According to Libya's Minister of Oil and Gas, H.E. Mohammed Oun, the country's crude oil output has risen to 1.2 million barrels per day following the restoration of activity at...