Rystad Energy sees increased brownfield activity driving a 20% increase in projected spend in the subsea services market in 2023.
Here’s a look at some of this week’s renewable energy news, including a $3.6 billion gigafactory expansion and a massive partnership for solar panels in the U.S.
Tullow's cash flow this year may be impacted by higher capital spending, some of which is deferred from 2022, and decommissioning costs, said Finance Chief Richard Miller.
Uganda discovered commercial reserves of petroleum nearly 20 years ago but has experienced delays over lack of infrastructure.
The latest Energy Information Agency report indicated that U.S. oil production was 12.2 MMbbl/d, which compares to 11.7 MMbbl/d at the same time of the previous year, according to Stratas Advisors.
Eni and Sonatrach will explore the reduction of emissions, energy efficiency initiatives, renewable energy developments and other ways to create a sustainable energy transition.
U.S. Treasury Secretary Yellen says Russia's war in Ukraine is harming Africa's economy and presses for 'timely' debt relief for African countries.