Subsea7 announced the award of a sizeable1 contract by Turkish Petroleum Offshore Technology Center AS (TP-OTC) to provide inspection, repair and maintenance (IRM) services for the Sakarya gas field development in the Black Sea. SourceContinue Reading

Sintana Energy announced that the PEL 83 Joint Venture has successfully drilled and logged the Mopane-2A well in the heart of Namibia’s Orange Basin. The blocks are governed by Petroleum Exploration License 83 (PEL 83) which is operated by a subsidiary of Galp Energia of Portugal. SourceContinue Reading

Eni has kicked off Phase 2 of the Baleine field, offshore Ivory Coast. Said to be the largest discovery in the country and the first net-zero emission upstream project, production is poised to reach 60,000 bopd and 70 million cubic feet of associated gas. SourceContinue Reading

(Bloomberg) – Oil edged higher in thin holiday trading, heading for a flat performance in 2024 as the market braces for a global surplus next year. SourceContinue Reading

Gold Price Rally Set to Continue in 2025 | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – Dec 31, 2024, 12:00 PM CST Gold prices reached record...Continue Reading

Sinopec has released the first sustainability report published by a Chinese company in Algeria, with the goal to establish a long-term, sustainable model and unity between oil and gas exploration, environmental protection and social progress. SourceContinue Reading

Via Metal Miner   Prices for hot rolled coil in Western Europe have risen further in the past month as mills seek to regain lost revenue from the declines of 2024. As the steel industry looks to 2025, this could have significant implications for prices and partnerships. “People are buying before year’s end. I’ve got...Continue Reading

Oil Prices Remain Rangebound as 2024 Draws to a Close | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Dec 31, 2024, 8:33 AM CST Oil prices are ending the year very close to where they started the fourth quarter, with...Continue Reading

The Factors That Will Drive Oil Prices in 2025 | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Dec 30, 2024, 7:00 PM CST Focus on China’s oil demand, predicted to peak in...Continue Reading

Revisiting the Top 5 Biggest Energy Stories of 2024 | OilPrice.com Robert Rapier Robert Rapier is a chemical engineer in the energy industry. He has 25 years of international engineering experience in the chemical, oil and gas, and… More Info Premium Content By Robert Rapier – Dec 30, 2024, 6:00 PM CST The US achieved...Continue Reading