Story Credit: Lucy Brewster – Brew Markets | For many investors, trading commodities can seem like a whole different world that defies...
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While tech improvements have been transformative, the greatest advances have come from eliminating downtime. ~Maria Peacock Story By Maria Peacock |Research Director,...
Carlyle Group (CG.O) has announced plans to establish a new oil and gas company focusing on the Mediterranean, led by former BP...
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Energy Giant, Chevron on Sunday announced a significant new gas discovery in the eastern Mediterranean Sea, off the shore of Egypt. The reservoirs are in the Nargis Offshore Area concession, operated by Chevron, which holds a 45 percent working interest in the concession.
“Chevron is encouraged and excited by the success of this first exploration well which encountered high-quality reservoirs and follows from Chevron’s entry into the Egyptian upstream sector in 2020,“ said Clay Neff, president of Chevron International Exploration and Production.
“We look forward to working together with the Government of Egypt, the Egyptian Natural Gas Holding Company (EGAS), and our other partners to support the growth of Egypt's energy sector through this exploration program. The eastern Mediterranean has abundant energy resources, and their development is driving strategic collaboration in the region.”
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by Bloomberg|María Paula Mijares Torres |US President Donald Trump said his administration’s talks with Iran...
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by Andreas Exarheas|RigZone.com| A statement posted on OPEC’s website on Saturday announced that Saudi Arabia,...
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On June 3, Viper Energy (NASDAQ: VNOM), a subsidiary of Diamondback Energy, announced it...
Published by Kristian Ilasko, Digital Content Coordinator | Hydrocarbon Engineering | Although global oil demand...
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