During a Nigerian oil and gas conference, OPEC Secretary General Haitham Al Ghais emphasized that global demand for all types of energy is projected to increase by 23% by 2045.

The cargo will be delivered by Shell Eastern Trading Pte. Ltd., a Singapore-based unit of the British company, by September.

The deal, which circumvents US sanctions, offers a lifeline to Iraq's power grid.

A proposed $5 billion export route that would connect gas fields in the Barents Sea, Northern Norway, to European markets is being reconsidered as a solution to Europe's gas crisis, according to a report by Wood Mackenzie.

The North African country, known for its significant oil reserves, collected nearly $8 billion (LYD 37.3 billion) in oil revenue in the previous year's corresponding period.

Xodus has been awarded a contract to provide technical and project support services for the decommissioning of a floating production storage and offtake facility located in the Timor Sea.

erry's comments come in response to recent statements by Shell's CEO, who emphasized the need for future oil investments.

With a mid-point estimate of 175 MMboe, Carmen represents the largest discovery on the Norwegian Continental Shelf since 2013.

The decision comes after an incident involving the floating storage and offloading vessel stationed at the field, which deviated from its intended position and made contact with the field's catenary anchor leg mooring buoy.

The USA Department of Energy (DOE) has initiated the bidding process for the supply of six million barrels of domestically produced oil to be deposited into the Strategic Petroleum Reserve (SPR).