30 July 2024
30 July 2024
Market analysts had predicted the oil giant’s profits would reach $2.55bn for the April to June period.
HE Haitham Al Ghais pointed to the petroleum products used in the transmission of electricity via cables, overhead lines and control systems.
This investment aims to enhance the quality of data available for India's sedimentary basins and attract bidders.
Despite policy progress, Nigeria faces challenges in achieving the goal of eliminating gas flares from hydrocarbon operations by 2030.
The company’s withdrawal coincides with QatarEnergy’s decision to exit its 25% interest in Block 11B/12B.
The updated business plan to 2027 outlines the collection of approximately €4bn ($4.32bn) from oil and gas asset sales.
The contract is for the Murlach development, previously known as the Skua field, located 240km east of Aberdeen.
Occidental plans to use the proceeds to reduce debt, which stood at more than $18bn at the end of the first quarter (Q1).
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