The break-even price for oil production in the ultra deep subsalt layer off the Brazilian coast currently is below $35 per barrel, said on Thursday Brazil's Mines and Energy minister Eduardo Braga.
(Reporting by Luciano Costa; Writing by Marcelo Teixeira)
The Kremlin said on Friday that the new U.S. Sanctions on Russia's Gazprombank are an attempt by Washington, to hinder the Russian gas export.
Investors bet on India's growing need for clean energy. The $1.2 billion NTPC Green Energy initial public offering was fully…
BP and its partners announced that they will invest $7 billion into a carbon-capture project and the development of gas fields…
Freeport LNG reported to state regulators on Thursday that one of the three liquefaction train at its export plant in Texas…
Rystad, a consultancy, said that major oil and gas companies are investing more in biofuels, betting on sustainable aircraft fuel (SAF).
Officials said that a reworked long-term South Africa power plan would be soon presented to the cabinet. The plan is designed…
Malaysian palm futures fell on Wednesday due to a weaker Chicago soyoil price and sluggish demand for exports. Investors…
Australia and India will work together to increase investment in renewable energies, such as solar manufacturing, batteries, and mineral processing.
Industry sources say that the return to service for BP Whiting Indiana refinery is delayed. BP began the planned turnaround…
TC Energy announced on Tuesday that it expects its core profit in 2025 to be between C$10.7 and C$10.9 Billion, higher than…
Oil prices traded steady on Tuesday as Norway's Johan Sverdrup oilfield restarted production and there were reports of Iran…
Ørsted announced today that David Hardy, Group EVP and CEO Americas, has decided to leave the company to join GE Vernova as Chief Commercial Officer…
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