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Oil & Gas

NEW TECHNOLOGY IS FUELING AMERICA’S OIL BOOM

On March 11, 2024, the Energy Information Administration (EIA) confirmed that the United States has become the largest crude oil producer in history.

  • 2 years, 2 months
Oil & Gas

SAUDI ARABIA: ARAMCO'S DIVIDEND INCREASE RAISES FINANCIAL CONCERNS.

Saudi Aramco raised dividends by 30% in 2023, despite a drop in profits due to an 18% decrease in the average price per barrel of Brent crude oil.

  • 2 years, 2 months
Oil & Gas

BANGLADESH LAUNCHES LARGEST OFFSHORE EXPLORATION DRIVE IN A DECADE.

The government's recent actions signify a proactive approach to addressing Bangladesh's energy challenges.

  • 2 years, 2 months
Oil & Gas

TECHNOLOGICAL BREAKTHROUGHS FUEL A BRIGHT FUTURE FOR TIDAL POWER.

Tidal energy production is recognized for its potential to provide vast amounts of clean energy, utilizing predictable tidal currents through methods like tidal streams, barrages, and tidal lagoons.

  • 2 years, 2 months
Oil & Gas

OIL MAJORS SET TO SANCTION $125 BILLION UPSTREAM PROJECTS IN 2024.

International oil and gas majors, including Total Energies and ExxonMobil, along with the national oil companies (NOCs) of the Middle East, are gearing up to approve approximately 30 projects in 2024.

  • 2 years, 2 months
Oil & Gas

U.S.A OIL, GAS ACTIVITY PICKS UP BUT SLOW START TO THE YEAR.

The total number of active drilling rigs for oil and gas in the United States rose by 6 this week, according to new data that Baker Hughes published on Friday, bringing the total rigs gained this year to 7.

  • 2 years, 2 months