Industry News

The agreement allows Petrobras to regain possession of the fertilizer plants in Bahia and Sergipe

Mero-4 raises the deepwater field's capacity to 770,000 bpd.

U.S. President Donald Trump said his administration's talks with Iran over the weekend were 'very good'.

President Donald Trump said he was 'absolutely' considering new sanctions against Russia.

North America dropped 17 rigs week on week, according to Baker Hughes' latest North America rotary rig count.

The sale is expected to be completed during the third quarter.

The company said it has decided to 'focus its efforts on other sites which it believes will be more economically feasible'.

'This outlook is a call to action: be prepared', NOAA's National Weather Service Director Ken Graham said.

'We've been on a journey of reinvention and I'm so excited we finally get to share it with the world', the company's CEO said.

The Serpang PSC in East Java spans about 8,498 square kilometers (5,280.41 square miles) while the Binaiya PSC in Eastern Indonesia covers 8,484 square kilometers.

'It is the first deployment globally of an Iron-Vanadium (Fe/V) flow battery as a backup solar power source for gas well operations'.

National oil and gas company NNPC did not say how long the shutdown, which includes a 'sustainability assessment', would last.

Japan may offer financial and technical contributions ranging from investment in an Alaskan LNG pipeline project to shipbuilding expertise as it seeks to smooth the path toward a tariff deal with the US by mid-June.

The cluster consists of five solar projects with a total installed capacity of 263 MW.

Europa will pay an amount equating to 4.5 percent of gross revenues from oil production at the Wressle-1 well to the investor in consideration for $500,000.

The 44 producers listed will help the 27-member bloc reach 50 million metric tons of capacity for annual CO2 injection into geological storage sites by 2030.

'Puerto Rico is facing an energy emergency that requires we act now and deliver immediate solutions', Governor Jenniffer Gonzalez-Colon said.

Australia Pacific LNG agreed to cut the price of liquefied natural gas sold under a major contract with China's Sinopec.

Polish Prime Minister Donald Tusk warned on Thursday that the Baltic Sea is becoming 'a new area of confrontation' with Russia.

Oil prices rose slightly as nuclear deal hopes faded and U.S. data boosted demand outlook.