Russian oil producer Lukoil's capital expenditure may exceed $8 billion next year, the company's Vice President Pavel Zhdanov said on Thursday.
The oil producer sees its capex at between 475 billion and 500 billion roubles this year, depending on the global oil deal between OPEC and its allies, he said on a conference call.
(Reporting by Vladimir Soldatkin, Olesya Astakhova; writing by Tom Balmforth)
Malaysian palm futures climbed on Monday, ending a six session losing streak. The rebound in Dalian soybean oil prices, and…
Petrofac, a provider of oilfield services, announced on Sunday it had reached a binding agreement on terms for a restructuring…
Viktor Orban, the Prime Minister of Hungary, said that Hungary was in talks with Russia, Ukraine and other countries to keep…
According to sources familiar with the situation, Northern Oil and Gas made a purchase offer for Granite Ridge Resources.
Pharos Energy, a UK-based oil & gas exploration company, announced on Friday that its two joint ventures operating in Vietnam…
Norwegian Offshore Directorate said Friday that although the combined oil and natural gas production in Norway decreased from November of last year…
Shell received approval from Nigeria’s oil minister to sell $2.4 billion worth of onshore and shallow water assets to Renaissance Group.
BG International, a Shell unit operating in Suriname plans to submit a proposal to the country's environment agency to drill…
The Danish Energy Agency has granted a construction permit for 240-megawatt (MW) Jammerland Bugt offshore wind farm, which…
Talos Energy announced on Tuesday that it will terminate its "poison pill" after reaching an agreement with the investment…
Two industry sources familiar with the matter said that the administration of President Joe Biden will release a report on…
Cenovus Energy, a Canadian energy company, forecasted higher oil and natural gas production in 2025. It expects to benefit…
World Energy News is the global authority on the international energy industry, delivered to your Email two times per week.
Subscribe to World Energy News Alerts.