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Brazil’s energy minister calls on Petrobras to “revive” domestic industry by boosting natural gas supplies

May 03, 2024
Petroleo Brasileiro SA, as the state-run company is formally known, must speed up studies that will help it curb the amount of gas injected back into oil reservoirs to boost crude production, Silveira said in an interview. That will free up more gas for sale. Petrobras - and other oil majors - should also invest in new gas pipelines to increase domestic supplies, he said.

UK boosts energy security with 31 new oil and gas licenses

May 03, 2024

ExxonMobil doubles Permian footprint after finalizing Pioneer acquisition

May 03, 2024

Unique Group strengthens engineering with Subsea Innovation acquisition

May 03, 2024

Nabors unveils Nabors Integra Surface Services for enhanced drilling efficiency

May 03, 2024

U.S. oil and gas rig count reaches lowest level in over two years

May 03, 2024

UPDATED: FTC bars U.S. shale veteran Scott Sheffield from joining ExxonMobil board following Pioneer Natural Resources acquisition

May 03, 2024

TAQA launches patented torsional drilling technology for oil and gas operators

May 02, 2024

Halliburton introduces GeoESP pumps for enhanced geothermal energy extraction

May 02, 2024

Offshore Energies UK & Xodus launch oil and gas platform bird census to protect endangered species

May 02, 2024

SLB OneSubsea, Subsea7 team up with Equinor to advance Wisting, Bay Du Nord projects in Canada

May 02, 2024

Railroad Commissioner blasts Biden's LNG export pause at House committee hearing

May 02, 2024

Chariot initiates onshore drilling in Morocco with spudding of new well

May 02, 2024

Chouest Group expands global subsea services with ROVOP acquisition

May 02, 2024

NOG exceeds expectations with strong Permian production in first-quarter 2024

May 02, 2024

SilverBow Resources implements horseshoe lateral in South Texas’ Austin Chalk formation

May 02, 2024

World Oil exclusive: SLB prevails in frac technology patent lawsuit vs. Nitro Fluids, awarded $9 million

May 01, 2024

OPEC oil output cuts remain unfinished following April’s “steady” crude production

May 01, 2024

FTC to greenlight ExxonMobil’s $60 billion Pioneer Natural Resources acquisition

May 01, 2024

Eni to fast-track Cronos, Zeus discovery developments offshore Cyprus following “excellent” production tests

May 01, 2024

Newfoundland and Labrador launches 41-block offshore oil and gas exploration licensing round

May 01, 2024
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