Declining oil prices paused by Middle East, market remains volatile
Analysts have argued that without US interest rates cuts, economic growth in the country will suffer and impact demand for oil.
08 August 2024
08 August 2024
Analysts have argued that without US interest rates cuts, economic growth in the country will suffer and impact demand for oil.
With the approval, the total proved gas in-place in the South China Sea has surpassed one trillion cubic metres (tcm).
Petronas is considering enhanced exploration campaigns in selected focus regions.
The Saudi oil giant will attempt to revitalise the ailing company.
Separately, Petronas announced that its subsidiary PCNL will withdraw from South Sudan operations.
Vaalco is developing drilling campaigns in Equatorial Guinea, Côte d’Ivoire and Gabon, showcasing its appetite for African offshore assets.
Total PARCO Pakistan operates a retail network of more than 800 service stations, along with fuel logistics and lubricants operations.
Oil and gas companies are subsequently beginning to focus on improving the efficiency of their drilling instead.
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