Warren Buffett’s company has now bought up more than $11 billion worth of Occidental Petroleum stock this year to give Berkshire Hathaway control of more than 20% of the oil producer
Libya’s oil production has recovered in recent days after the country resumed oil exports last week.
U.S. offshore oil production is booming as operators are bringing new platforms online.
Years of underinvestment in drilling activity have taken their toll on the offshore industry.
Dr. Theophilus Acheampong, is advocating for new approaches to sustain oil production in the country.
In the short term, Saudi Arabia has made it clear that it has no intention of increasing oil production beyond the current OPEC+ plan.
BP has begun production on the first phase of expansion of the Hershel play on the US Gulf of Mexico, the British super-major
PRESIDENT AKUFO-Addo has called on countries with substantial hydrocarbon deposits to come up with processes that will enable them convert such into production as quickly as possible.
According to the top oilman in Saudi Arabia, the Kingdom can reconcile its net-zero by 2060 ambition with the planned increase in its oil production capacity
Despite cost inflation, the largest oilfield service firms are optimistic that a multi-year upcycle in the industry has begun
Namibia is already turning heads in the oil world. It may have even caught the eye of some of the largest oil exploration companies in the world—and for good reason.