Rystad Energy estimates that by 2030, more than 75% of total demand will be met by fossil fuels, with emissions climbing as a result. Approximately three-quarters of these emissions will be linked to ...

Brazil, with 14.9 billion barrels of proven reserves, is aiming to boost oil output to 5.4 million barrels per day by 2029, potentially becoming the world's fourth-largest oil producer. Guyana, ...

Chevron Corporation CVX, an integrated oil and gas company, and Sonatrach, Algeria’s national oil company, entered into a Memorandum of Understanding (MOU) aimed at jointly developing hydrocarbon ...

Petróleo Brasileiro S.A. - Petrobras PBR recently made a significant hydrocarbon discovery in the pre-salt region of the Campos Basin. The discovery was made in the 1-BRSA-1394-RJS well, located 105 ...

ONGC and bp signed a Technical Services Contract to boost hydrocarbon production from the Western Offshore Basin. This ...

The hydrogen economy promises to transform our energy future, but we face significant challenges in realizing its potential—the main one among them is energy storage. For us in South Asia, a region ...

Jonker-1 wildcat has found hydrocarbons in a different geological play to Shell’s previous Graff and La Rona finds offshore Namibia The temperature is rising again in Namibia’s Orange basin, the world ...

Invictus Energy Ltd. discovered a working hydrocarbon system in the Mukuyu-1 well in license SG 4571, Cabora Bassa basin, Northern Zimbabwe. After drilling the 8 ½-in. hole section, the well reached 3 ...