OPEC+ agrees to extend deep oil production cuts to 2025
With this move, OPEC+ aims to stabilise the market amid concerns over slow demand growth.
03 June 2024
03 June 2024
With this move, OPEC+ aims to stabilise the market amid concerns over slow demand growth.
The Russian energy giant reported a 45.5% increase in net profit and a 25.1% rise in EBITDA for the first quarter (Q1) of 2024, despite a 1.1% decline in revenue.
President Yoon Suk Yeol said searches could now start, and will continue well into 2025.
Gas & Oil Pakistan, a diversified downstream operator, boasts a network of more than 1,200 retail fuel stations across Pakistan.
Following the deal, ADNOC owns a 57% share in the SARB and Umm Lulu oilfields, with the remaining stake held by TotalEnergies and OMV.
GlobalData predicts Claudia Scheinbaum will win Mexico's presidential election and maintain control of oil and gas resources through Pemex while moving the nation toward an energy transition.
The Norwegian company will deploys Seeq’s Industrial Analytics and AI platform to maximise production at its operations.
Planned to be commissioned by 2026, the facility will assist in exporting LPG, methanol, and other bulk liquids.
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