North America Goes Back to Losing Rigs
North America dropped 12 rigs week on week, according to Baker Hughes.
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Santos Posts Lower Sales for First Quarter
Santos collected $1.4 billion in sales revenue with 23.2 MMboe sold.
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South Korea Puts into Service New Oil and Gas Import Terminal
A new oil and gas import and storage facility in the city of Ulsan received its first shipment of petroleum products, launching into commercial operation.
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Petrobras Approves Use of Decarbonization Fund for PV Plants
Three PV plants will be built at Petrobras refineries as part of the company's efforts to achieve emission reduction targets for 2030 and 2050.
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BP Rejects Call for Additional 2 Percent Increase in Pension Rate
While rejecting the request, BP said it is looking into extending a financial aid package for ex-employees experiencing financial hardship.
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Burford Asks US Court to Hand It Argentina's Stake in YPF
The case is part of Burford Capital's effort to collect on a $16 billion court judgment against Argentina.
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TotalEnergies to Build LNG Hub in Oman Eyeing Marine Fuel Market
LNG production is expected to start by the first quarter of 2028 and is primarily intended to serve the marine fuel market in the Gulf.
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