News & Events

September 10, 2024

OPEC+ postpones oil production hike in effort to reverse price slump

(Bloomberg) – OPEC+ postponed its oil supply hike by two months, but the move wasn’t enough to roll back steep losses in crude prices amid fears a...
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September 10, 2024

Noble Corporation hits $6.7 billion in backlog on Diamond Offshore Drilling acquisition closure

September 05, 2024(WO) – Noble Corporation plc announced the completion of its acquisition of Diamond Offshore Drilling, Inc ("Diamond"). This trans...
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September 10, 2024

Invictus Energy identifies multi-Tcf gas prospects in highly-anticipated Mukuyu field onshore Zimbabwe

(WO) – Invictus Energy Limited has provided an update on activities at its 80% owned and operated Cabora Bassa Project onshore Zimbabwe.Following th...
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September 10, 2024

AI to dampen oil prices over next decade on improved U.S. shale production, Goldman Sachs predicts

David Wethe, Bloomberg September 05, 2024(Bloomberg) – Artificial intelligence will ultimately help drive down oil prices over the next decade ...
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