Italy’s Eni has five project start-ups lined up for 2025, which would take its upstream production to an average of 1. 7 million barrels of oil ... Castberg floating production, storage and ...

Apollo Tyres will be discontinuing its tyre production at its Netherlands facility by the summer of 2026 due to high production costs. The company's Netherlands-based subsidiary, ATNL, which has a ...

The U.S. leads the world in oil and gas production, with an output of 20 million barrels of oil a day and accounting for roughly a quarter of global gas production, according to the International ...

Guyana has reported a 3% increase in oil production in March ... growth with the anticipated installation of a fourth floating production facility for the Yellowtail project, which is expected ...

Supplementing the CA grid’s wind and solar generating capacity with up to 9.72 GW of peak power, large-scale storage led to 100% renewable operation during parts of 79 out of the past 111 days.

The oil minister maintained that Nigeria can easily produce 3 million barrels of oil per day, but the challenge is that the pipelines are old. “Some of those pipelines are 60 years or more.

Minerva Saudi, a subsidiary of Minerva Bunkering, has deployed a 113,000 cubic meter Floating Storage Unit (FSU ... including Very Low Sulfur Fuel Oil (VLSFO), High Sulfur Fuel Oil (HSFO ...

TotalEnergies, the French oil major, expects to make a final decision about its Venus discovery next year. The project will involve a moored FPSO (floating production storage and offloading ship) that ...

“You must show results. Idle oil wells must be activated. Partner with those who can boost output. More production equals more revenue for Nigeria.”No African country matches Nigeria’s human ...

The Federal Government, commending the coming on board of Renaissance Africa Energy, has tasked the organisation to ramp up production of crude oil in facilities under its control. Heineken Lokpobiri, ...

“We will look at configuring offshore oil and gas infrastructure such as floating, production storage and offloading vessels with long-term stable leases and cash flow,” said Wang. SPDB FL has ...

The double whammy of a tariff-induced global economic slowdown and gradually increasing OPEC+ supply will continue to pressure oil prices in the near term. We are reducing our 2025 WTI oil price ...