Oil companies are looking for avenues to move towards operations with net-zero emissions
Hydrogen demand to increase in refining and petrochemicals sector, finds GlobalData
Exploration
Oil & gas one of the key sectors to fuel global crane rental industry
The crane rental market is estimated to grow from US$53.3bn in 2023 to US$83.5bn in 2033 at a rate of 4.6% creating an absolute opportunity of US$30.3bn
Afreximbank, GHL, AFC draw financial close on Cabinda Oil Refinery in Angola
Gemcorp Holdings Limited (GHL), Africa Finance Corporation (AFC) and African Export-Import Bank (Afreximbank) announced the financial close of the Cabinda Oil Refinery in Angola
Predator completes drilling and logging onshore Morocco
Predator Oil & Gas Holdings has announced the successful completion of drilling and logging operations for the MOU-4 well, located in the Guercif Petroleum Agreement onshore Morocco
Petro Matad gives update on Velociraptor-1 well results
Petro Matad, the AIM quoted Mongolian oil company, has announced that the Velociraptor-1 exploration well in the Taats Basin of Block V located in central Mongolia reached a total depth of 1500 m and wireline logging has been completed but unfortunately all the reservoirs encountered were water bearing
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