It is buying additional equity in the firm via an issue of new shares. taking its interest from 43% to 50%.
Read More »Top Oil Firms Using Drones in Oil Industry
Drone makers are cooperating with oil and gas firms to develop custom drones equipped with data collection technology to obtain real-time insights.
Read More »TANAP Overcomes all Obstacles
The initial capacity of TANAP. which is the main segment of the Southern Gas Corridor. is 16 billion cubic meters of gas.
Read More »Solar Power Plant Helps Keep the Lights on at Night
One of Lightsource BP’s solar farms in East Sussex provided a reactive power voltage support service overnight. delivered through UK Power Networks’ distribution network.
Read More »Exxon to Sell $25B of Oil and Gas Fields in Europe. Asia and Africa
Exxon'.s shares heavily underperformed relative to other Oil Majors over the past five years.
Read More »BP Develops New Technology to Enable Circularity for Unrecyclable PET Plastic Waste
BP plans to construct a $25 million pilot plant in the US to prove the technology.
Read More »The Aramco IPO Impact OPEC
Most analysts have pointed out that there are some major issues with the company’s financials. its valuation and possible returns for the Kingdom.
Read More »India will Invite Foreign Firms to Invest in State-Owned Oil Companies
International energy firms will be invited to participate in India’s privatization of state-owned oil companies.
Read More »Big Oil are Poised to Do a Record Number of Clean Energy Deals
Investment in upstream oil and gas projects tends to be high-return but risky.
Read More »Brazil Oil Auction Attracts Interest from BP. Exxon. Shell
This is an auction for big players given the volume of oil involved.
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