RIYADH Growth in U.S. shale oil production will slow sharply over the next two years, the chief executive officer of U.S. oilfield services giant Schlumberger said on Tuesday.
DAMMAM, Saudi Arabia, Feb 24 Saudi Aramco is
launching the biggest shale gas development outside of the
United States to boost domestic gas supply and end the burning
of oil at its power generation plants, Chief Executive Officer
Amin Nasser told Reuters on Monday.
DAMMAM, Saudi Arabia Saudi Aramco is launching the biggest shale gas development outside of the United States to boost domestic gas supply and end the burning of oil at its power generation plants, Chief Executive Officer Amin Nasser told Reuters on Monday.
NEW YORK Brazil's state-run oil giant Petróleo Brasileiro SA aims to raise output as much as 10 percent to around 2.3 million barrels per day (bpd) in 2019 and cut net debt by $10 billion (7.62 billion pounds), Chief Financial Officer Rafael Grisolia told Reuters.
SAO PAULO Brazil's poultry industry will cull 24 million chickens a day from Thursday if suppliers cannot get food to birds because of a truckers' strike, and the government will need to bail out the hardest-hit producers, the agriculture minister said on Wednesday.
SAO PAULO Brazilian President Michel Temer said on Tuesday there was no chance that a nationwide truckers' protest that has paralyzed Latin America's biggest economy will spark a military coup and topple his government.
RIO DE JANEIRO, Oct 27 Brazil will auction eight
blocks in its coveted deepwater oil region on Friday, a prospect
that has lured top executives from the world's biggest oil
companies to Rio de Janeiro for the bidding round.
RIO DE JANEIRO The world's top energy companies will compete fiercely for deepwater oilfields Brazil will auction on Friday and all eight pre-salt blocks are likely to be awarded, according to the head of state-run oil giant Petroleo Brasileiro SA.
RIO DE JANEIRO Royal Dutch Shell will participate in Brazil's deepwater oilfield auction on Friday and is confident it can pump oil from the fields on offer for less than $40 a barrel, a top Shell executive said.
NEW YORK Brazil's state-controlled oil company Petrobras will pay its first shareholder dividend in three years if the company turns a profit in 2017, Chief Executive Officer Pedro Parente said on Wednesday. | Video