Business
The world is likely to have a major surplus of oil by 2030 as production is ramped up while the clean energy transition tempers...
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All posts tagged "Oil"
Business
Senegal joined the club of oil-producing countries on Tuesday as Australian group Woodside Energy announced that production had started in the west African country’s...
Business
Oil giant Saudi Aramco said on Thursday it plans to sell 1.545 billion shares worth more than $10 billion in one of the biggest...
Business
US energy giant ConocoPhillips announced Wednesday that it is acquiring competitor Marathon Oil for $22.5 billion in the latest big petroleum merger consummated in...
Business
Kuwait said Wednesday its refining capacity had reached a record 1.8 million barrels per day as it inaugurated one of the region’s biggest refineries...
Business
The new boss of Brazil’s Petrobras said Monday it was crucial that the state-run company “accelerate” oil exploration, including in a controversial offshore basin...
Business
The boss of TotalEnergies told shareholders Friday the French energy giant needed to develop new oil fields to meet global demand, as their AGM...
Business
Brazil's state-run oil company, Petrobras, confirmed former regulator Magda Chambriard as its new chief executive.
Business
Hussein Julood is taking legal action against British energy giant BP after he lost his son to leukaemia, which he alleges was caused by...
World
The CEO of Brazil’s state oil company Petrobras has been sacked, the government announced Tuesday. The move follows a recent spat between Petrobras and...