08 March 2024
08 March 2024
The Dörtyol terminal became a key importer of Russian crude and oil products after Moscow’s invasion of Ukraine in 2022.
At Saudi Arabia’s annual tech conference, LEAP, Aramco announced its first artificial intelligence (AI) model to increase efficiency and decrease costs.
Joining Enbridge's gas distribution and storage business unit, the East Ohio Gas Company (EOG) will conduct business as Enbridge Gas Ohio.
YPF, which identified around 55 conventional blocks for potential sale, intends to boost its Vaca Muerta shale operations.
The terminal is currently undergoing pre-commissioning works and is expected to commence operations in the third quarter (Q3) of 2024.
The discovery is said to be China’s first deep-water and deep-play oilfield with proved in-place volume exceeding 100 million tonnes (mt) of oil equivalent.
Chevron will become the operator of the AREA OFF-1 block with a 60% participating interest, while CEG Uruguay will retain a 40% stake.
The Lakach field is estimated to hold 900 billion cubic feet (bcf) of gas.
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