Anticipated Drop in Gas Prices Projected: Potential $32 bn Savings for Americans
Projections indicate a decline in gas prices for the second consecutive year, forecasting substantial relief for American consumers and an estimated savings of $32...
Engie Brasil Agrees to Sell 15% Stake in TAG to CDPQ for $641 mn
Engie Brasil announced on Thursday a strategic agreement, confirming the sale of a 15 percent stake in the natural gas pipeline firm TAG to...
Shell Announces Final Investment Decision for Sparta Deep-Water Development in U.S. Gulf of Mexico
Shell Offshore Inc., a subsidiary of Shell plc, has unveiled the Final Investment Decision (FID) for Sparta, a significant deep-water project located in the...
U.S. Surpasses Historic Oil Production, Forecasts Strong Global Supply
The United States is poised to enter the new year with an unprecedented achievement in the oil industry, as S&P Global Commodity Insights’ latest...
US Energy Report: Global Oil and Gas Industry Review Unveils Financial Trends for 3Q23
The US Energy Information Administration (EIA) has revealed insights from its latest Financial Review of the Global Oil and Natural Gas Industry for the...
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...
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...
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 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 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...