Persian Gulf
Hedge Funds Retreat from Oil as War Risk Fades: Kemp
Hedge funds and other money managers sold the equivalent of 95 MMbbl in the six most important petroleum futures and options contracts over the seven days ending on April 23.
Paisie: Crude Prices Rising Faster Than Expected
Supply cuts by OPEC+, tensions in Ukraine and Gaza drive the increases.
E&P Highlights: April 15, 2024
Here’s a roundup of the latest E&P headlines, including an ultra-deepwater discovery and new contract awards.
Majority of Recent CO2 Emissions Linked to 57 Producers - Report
The world's top three CO2-emitting companies in the period were state-owned oil firm Saudi Aramco, Russia's state-owned energy giant Gazprom and state-owned producer Coal India, the report said.
CERAWeek: NOCs Balance Financial Realities, Energy Transition
National oil companies’ strategies include diversifying energy sources and seeking reserves located deeper in the ground and in deeper waters, while still working to curb emissions.
E&P Highlights: March 11, 2024
Here’s a roundup of the latest E&P headlines, including a new bid round offshore Bangladesh and new contract awards.
Proven Volumes at Aramco’s Jafurah Field Jump on New Booking Approach
Aramco’s addition of 15 Tcf of gas and 2 Bbbl of condensate brings Jafurah’s proven reserves up to 229 Tcf of gas and 75 Bbbl of condensate.
E&P Highlights: Feb. 12, 2024
Here’s a roundup of the latest E&P headlines, including more hydrocarbons found offshore Namibia near the Venus discovery and a host of new contract awards.
NOV's AI, Edge Offerings Find Traction—Despite Crowded Field
NOV’s CEO Clay Williams is bullish on the company’s digital future, highlighting value-driven adoption of tech by customers.
McDermott Consortia Scoops Up Two Ruya Project Contracts
The EPCIC contracts support the expansion of the offshore Al-Shaheen Field, Qatar’s largest oil field.