U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy ...

KUALA LUMPUR, March 15 — Malaysia’s state energy firm Petronas said today it is continuing discussions with multiple stakeholders following a report that negotiations over the ongoing gas aggregator ...

KUALA LUMPUR, March 15 — A former senior Treasury official has warned against questioning Petronas’ control over oil and gas resources in Sarawak, as negotiations between the national oil company and ...

Petronas has launched a process to potentially sell its interest in a Vaca Muerta joint venture which would see Malaysia’s national oil and gas firm exit the Argentinian shale region ...

(Bloomberg) -- Malaysia’s Petronas is evaluating a sale of its shale oil asset in Argentina, a move that would complete its exit from the country’s booming Vaca Muerta fields as several international ...

Edge AI & IoT for Oil Rigs: Oil rigs often function in remote and extreme environments where real-time decision-making is crucial. NVIDIA’s AI-powered edge computing, combined with NVLink and ...

PETRONAS emphasised the importance of collaboration between industry stakeholders and oil and gas services and ... will be executed by jack-up drilling rig and 20% of the wells will be executed ...

Velesto is confident that these three rigs would be chartered out, especially following the renewal of an umbrella contract with the national oil company in 1Q24. “We opine that PETRONAS has ...

Aberdeen became the oil capital of Europe and an estimated half a million jobs were created by the industry over the decades. The world's worst offshore disaster was on the Piper Alpha rig in 1988 ...

Those concerns were highlighted in the 1970s when episodes of sharply rising oil prices led to recessions, economic stagnation, and high inflation. However, recent gains in U.S. oil and natural ...

Eleven people were killed. Two days later, the rig collapsed. Oil began seeping into the sea, and it continued to flow for almost three months. The Deepwater Horizon disaster is among the most ...