oil and gas

Global Oil and Gas Contract Activity Surges to Record Highs

The global oil and gas sector has observed a substantial boost in contract value, jumping from $35.4 billion in Q1…

2 years ago

Kuwait’s Ambitious Drive to Energize Oil and Gas Sector with $5.6 Billion Investment

Kuwait's strategic investment of $5.6 billion in its oil and gas sector signals an unwavering commitment to secure its energy…

2 years ago

Siemens and Petrojet Strike a Strategic Partnership to Drive Technological Advancements in the Middle East

Siemens, a global leader in digital industries, and Petrojet, one of the Middle East's largest construction groups, have formed a…

2 years ago

Shell makes record $40 bln profit in tumultuous 2022

Shell delivered a record $40 billion profit in 2022, the energy giant said on Thursday, capping a tumultuous year in which…

3 years ago

G7 price cap on Russian oil kicks in, Russia will only sell at market price

The Group of Seven price cap on Russian seaborne oil came into force on Monday as the West tries to…

3 years ago

<strong>Key Trends in Learning and Development in the Energy Sector</strong>

Every part of the world’s economy has been affected by climate change; Covid19 and the new ways of working this…

3 years ago

Shell gets $1 bln refining boost, upgrades oil and gas assets

Shell (SHEL.L) said on Thursday surging demand for oil products that had almost tripled refining profits in the second quarter would boost…

3 years ago

EXCLUSIVE Germany to overhaul laws to allow energy bailouts – sources

Germany's government will have the power to take stakes in utilities and impose emergency levies on consumers under proposed legal…

3 years ago

With IPOs on ice, banks’ stock offering fees plummet

Recession fears and Russia's invasion of Ukraine sent a chill through equity capital markets (ECM) in the second quarter, depriving…

3 years ago

Exclusive: PetroChina may sell Australian, Canadian assets to stem losses

PetroChina may sell out from natural gas projects in Australia and oil sands in Canada to stem losses and divert…

3 years ago