Velda
Addison
Hart Energy
Weatherford to Deliver Drilling Services to Bapco Upstream in Bahrain
The contract with Bapco Energy subsidiary Bapco Upstream replaces Weatherford’s old drilling services contract from 2015.
Saudi Aramco Holding LNG Talks with US Firms Tellurian, NextDecade, Sources Say
Oil giant Aramco is in talks with Tellurian to buy a stake in the Driftwood LNG plant near Lake Charles, Louisiana.
TotalEnergies Signs Two LNG Contracts in Asia
Through contracts with Indian Oil Corp. and Korea South-East Power, TotalEnergies is securing its global LNG supply portfolio in the medium term.
What's Affecting Oil Prices This Week? (June 3, 2024)
For 2024, Stratas Advisors says increasing supply will be more challenging unless U.S. producers start ramping up their capital expenditures and drilling programs beyond their current plans.
Mexico’s First Female President Likely to Stay Course on Energy
Claudia Sheinbaum Pardo, a physicist with a doctorate in energy engineering and of Jewish heritage, won Mexico’s presidential election on June 2 by an overwhelming margin, according to Mexico’s INE.
Woodside’s Scarborough LNG Receives $1B Loan from Japanese Bank
Woodside Energy’s Scarborough LNG project, located off Australia’s coast, is scheduled to start shipping cargo in 2026.
Energy Transition in Motion (Week of May 31, 2024)
Here is a look at some of this week’s renewable energy news.
Saudi Arabia Sets Up New Aramco Share Sale That Could Raise $13.1B
Saudi Arabia's government is planning to sell a new stake in state oil giant Aramco that could raise as much as $13.1 billion, a landmark deal to help diversify the economy.
Paisie: Oil Prices to Range Between $86-$88 in Second Half of 2024
Supply and demand dynamics overtake geopolitical instability from the Middle East to Ukraine in influencing oil prices.
OPEC+ Working on Complex Oil Cut Extension Deal for 2024-2025, Sources Say
The OPEC+ deal might include extending some or all of the current voluntary production cuts of 2.2 MMbbl/d.