Aramco stake in GO Pakistan

Aramco Expands Footprint in Pakistan with Acquisition of 40% Stake in Gas & Oil

Aramco, the global energy giant, has inked agreements to acquire 40% equity share in Gas & Oil Pakistan (GO) in a strategic move to...
Dollar in Green Business

Permian Basin Marks Record-Breaking $100 bn in U.S. Oil and Gas M&A Deals: Wood...

The Permian basin has emerged as the hotbed for mergers and acquisitions in the U.S. oil and gas sector, hitting an unprecedented milestone of...
Santos and Woodside Energy

Woodside Energy and Santos in Talks to Forge $52 bn Global Energy Giant

Australia’s energy landscape faces a potential seismic shift as Woodside Energy and Santos confirm they are in early discussions to establish an industry-transforming entity...
Chevron oil business

Chevron Announces $19.5 bn Spending Plan for New Oil and Gas Projects in 2024

Chevron has revealed its bold intentions for the upcoming year, projecting a substantial increase in capital expenditure to fuel new oil and gas ventures. The...
Exxon Mobil business

Exxon Mobil Outlines Conservative Project Spending Goals Till 2027

Exxon Mobil has unveiled its strategic plan to maintain annual project spending between $22 billion and $27 billion through 2027, marking a continuation of...
Kuwait Oil Company

OPEC+ Members Agree to Voluntary Output Cuts to Stabilize Volatile Oil Market

In a bid to stabilize the volatile oil market, OPEC+ members have agreed on voluntary production cuts totaling approximately 2.2 million barrels per day...
Energy intensity improvement forecast IEA report

IEA: Global Energy Efficiency Progress Shows Varied Trends and Challenges

A recent report by the International Energy Agency (IEA) highlights significant strides in energy efficiency investments globally since 2020. According to the IEA’s Government...
Siemens Energy

Siemens Energy Reports Fiscal Year 2023 Results Amid Sector Challenges

Siemens Energy, in its recently disclosed report for the fourth quarter ending September 30, 2023, revealed a mixed performance across their diverse portfolio. Despite facing...
Oil industry forecast

IEA Projects Oil Demand Growth Despite Economic Slowdown

The International Energy Agency (IEA) has revised its projections for oil demand, foreseeing growth for this year and the next, despite a sluggish economic...
US diesel and crude oil prices EIA forecast in November

Global Liquid Fuels Production to Rise in 2024, Oil Prices Surge, U.S. Gasoline Consumption...

In its latest Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) predicts a notable increase in global liquid fuels production for the...

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