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IEA: The world needs upstream oil and gas investment

Oil & Gas 360ยบ

(Oil Price) –The world needs upstream investments in existing oil and gas fields to support global energy security, Fatih Birol, the executive director of the International Energy Agency (IEA), said at the CERAWeek by S&P Global conference in Houston. Atkinson authored a report in partnership with Mark P.

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Upstream Midstream Downstream โ€“ What is the Difference?

Aresco

Upstream Midstream Downstream are terms commonly used in the oil and gas industry to describe different stages of the production and distribution process. Each sector has distinct activities and focuses on specific aspects of the overall oil and gas supply chain. What is oil and gas upstream midstream downstream?

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BP looks to hire two more directors under oil-focused strategy

Oil & Gas 360ยบ

(Oil Price) –BP is looking to raise the number of its board members and hire two more directors as part of its strategy to boost oil and gas production and shareholder returns, the Financial Times reported on Tuesday, citing sources familiar with the plans. Production is also expected to grow, to 2.32.5

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Libya launches first oil exploration bid round in 17 years

Oil & Gas 360ยบ

The Libyan government has officially launched the 2025 bid round for oil exploration, a long-anticipated move that marks a significant milestone in the countrys efforts to revitalize its energy industry. This increase in production from existing fields underscores the countrys commitment to stabilizing and expanding its energy supply.

Oil 130
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African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360ยบ

(World Oil) – Africas national oil companies (NOC) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players. Collaboration between NOCs and IOCs have been at the forefront of this gas drive, leading to the emergence of new LNG exporters.

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Investment Opportunities in the Oil and Gas Sector

Nestoil

The oil and gas sector has long been a cornerstone of the global economy, providing energy, raw materials, and substantial economic contributions. For investors, this sector offers diverse opportunities, ranging from upstream exploration to downstream refining and distribution.

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Oil Review Middle East - Untitled Article

Oil Review Middle East

Nasser, Aramcos president and CEO, noted that Aramco has made significant strides during the year on a number of projects and initiatives aimed at reinforcing its upstream pre-eminence, further integrating its downstream portfolio and developing the new energies business.