The US is set to produce more oil and liquids than Russia and Saudi Arabia combined by 2025, according to a report by the independent research firm Rystad Energy
Exploration & Production
BP invests US$5mn in AI technology to boost upstream activities
British oil company BP Ventures said it has invested US$5mn in Artificial Intelligence (AI) and digital capabilities for its upstream business
Global gas supply achieves highest production growth in 2018
The oil and gas industry achieved a net production increase of 164 bcm, which represents the highest production growth since 2010, according to a research by Rystad Energy
BP and Eni pursue major new exploration opportunity in Oman
BP and Eni have signed a heads of agreement (HoA) with the Ministry of Oil and Gas of the Sultanate of Oman to work jointly towards a significant new exploration opportunity in Oman
Eni signs MoU for conducting petroleum exploration in Bahrain
National Oil and Gas Authority of Bahrain (NOGA) and Eni have signed a MoU agreement, aiming to pursue petroleum exploration of Block 1, an offshore area of more than 2,800 sq km that is largely unexplored