Friday, November 22, 2024
Giant Aramco - oil and gas 360

Saudi Aramco Discovers Two Oil, Gas Fields in North of Kingdom

Bloomberg Saudi Aramco discovered two oil and gas fields in northern parts of Saudi Arabia, the kingdom’s official news agency reported, citing Energy Minister Prince Abdulaziz bin Salman. Gas has started flowing from Hadabat Al-Hajara field near the Iraqi border at an average daily rate of 16 million standard cubic feet, in addition to 1,944 barrels of condensates, which are a

PetroChina posts 4 4 billion H1 loss pledges near-zero emissions by 2050 - Flag -oilandgas360

PetroChina posts $4.4 billion H1 loss, pledges near-zero emissions by 2050

MarketScreener PetroChina Co pledged on Thursday to cut emissions to near zero by 2050, as it reported a plunge to a first-half net loss of 29.98 billion yuan ($4.36 billion) on lower oil prices and a hit to demand from the COVID-19 crisis. Asia’s largest oil and gas producer vowed to boost clean energy investments over the next five years,