22 March 2024
22 March 2024
Cost-cutting measures may be necessary for the company, which has faced significant financial troubles in recent months.
This move is part of Suriname's strategy to attract foreign investment in energy production and establish itself as a key gas hub in South America.
The move is to ensure a steady supply as it undertakes maintenance on the Rota 1 offshore gas pipeline.
Mahindra & Mahindra and Adani Total Energies E-Mobility signed a memorandum of understanding (MOU) to develop electric vehicle (EV) charging infrastructure across India.
Production capacity should increase after maintenance work is completed.
The company's net oil and gas production for the year reached 678 million barrels of oil equivalent (mboe).
Brazil is facing a shortfall in gas production to satisfy its domestic demand, which has led to a heightened reliance on imports.
This move follows similar action by ExxonMobil, as the companies dispute the terms of their joint operating agreement.
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