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Aramco launches world’s first industrial AI model

Saudi Aramco, the world’s largest oil company, has launched a generative artificial intelligence model. Read More:...

Mar 8, 20241 min read

Shell faces calls to safely decommission old assets before Nigeria exit

Nigeria needs to ensure that Shell safely dismantles its old infrastructure or pays to remove them from the Niger delta before its exit,...

Mar 6, 20241 min read

Oman’s $9bn refinery could benefit as Red Sea disruption affects global competition

A refinery on Oman’s eastern coast, which required $9 billion investment to build, has been resilient against recent disruption in the...

Mar 4, 20241 min read

Why the oil industry may thrive without gasoline

The oil industry is increasingly turning to a widespread product to help keep crude in the market amid pressure to address climate...

Feb 28, 20241 min read

Shell begins production from subsea tie-back in U.S. Gulf of Mexico

Shell Offshore Inc., a subsidiary of Shell plc, announced the start of production at Rydberg, a subsea tie-back to the Shell-operated...

Feb 26, 20241 min read

Chord Energy, Enerplus to Combine in $11 Billion Deal

Houston-based Chord Energy Corp. said Wednesday it planned to merge with Calgary-based Enerplus Corp. in a deal that would create an $11...

Feb 21, 20241 min read

Sir Keir Starmer says North Sea oil and gas will continue ‘for decades to come’ during Scottish Labour Party speech

Sir Keir Starmer has insisted work in the North Sea oil and gas sector will continue “for decades to come” as his party continues to face...

Feb 19, 20241 min read

The Oil Industry Keeps Getting Younger

Transactions like this week’s $26 billion Diamondback-Endeavor deal signal a changing of the guard. Read More:...

Feb 16, 20241 min read