International

New Oil Discoveries Are Drawing Supermajors To This Drilling Hotspot

Senegal, a West African country which has seen several major oil and gas discoveries in recent years, is launching a new licensing round to award three offshore blocks as it expects its first already sanctioned oil and gas projects to come online by the middle of the next decade.

Oil industry could save up to $100 billion with technology & automation

The global oil and gas industry can save as much as $100 billion through automation and digitalization in the 2020s, energy research firm Rystad said.

Saudi Aramco chief: attacks may continue without international response

Attacks such as the one on Saudi oil facilities which sent oil prices up by as much 20% may continue if there is no concerted international response, Saudi Aramco’s Chief Executive Amin Nasser said “An absence of international resolve to take