Europe turns away from US crude oil as imports hit two-year low in June
Recent data revealed that global consumption of fossil fuels climbed to a record high last year.
04 July 2024
04 July 2024
Recent data revealed that global consumption of fossil fuels climbed to a record high last year.
Weekly average gasoline prices in the US have dropped by $0.19 per gallon (gal) since reaching a high in April.
The initial two production wells in the first phase are now operational and increasing production levels.
GlobalData analysts question predictions from the International Energy Agency's (IEA) oil market report.
The decision, announced at an energy conference in Abuja, paves the way for acquisitions by Oando and newcomer Project Odinmim.
These rigs will support the expansion of operations at the offshore Zakum field, one of the world's largest oilfields.
SLB OneSubsea's local support in Angola will encompass a wide range of offshore operations including assembly, module manufacturing and installation.
The C$420m ($307.16m) deal also includes a commitment to support the development of infrastructure i Whitecap’s Lator growth area.
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