Aramco achieved a net income of $49 billion in 2020, one of the highest earnings of any public company globally.

Aramco lowered its guidance for capital expenditure in 2021 to around $35 billion from a range of $40 billion to $45 billion previously

Preliminary production figures for January 2021 show an average daily production of 2 137 000 barrels of oil, NGL and condensate.

Iraq's oil minister and a Total delegation also discussed potential development of solar power projects in the country's central and southern provinces. The two sides also discussed Total's potential support and financing of oil infrastructure projects.

Though Russia suffered a relatively modest recession amid the pandemic last year, the recovery is expected to be sluggish and a jolt of state spending could help accelerate it. Russia has invested billions from the fund in the past in projects linked to big state companies.

Royal Dutch Shell plc published its Annual Report and Accounts for the year ended December 31, 2020.

PJSC LUKOIL today released its audited consolidated financial statements for 2020 prepared in accordance with the International Financial Reporting Standards (IFRS).

Brent crude oil prices in the forecast average $58/b in the second half of 2021. Brent prices will average $59/b in 2022.

«Нашими компаниями активно реализуется ряд успешных проектов на территории республики. К настоящему моменту накопленные инвестиции российских нефтегазовых компаний в иракские проекты превысили 10 млрд долларов США», – сообщил Александр Новак.

Ожидаемый объем дополнительных нефтегазовых доходов федерального бюджета, связанный с превышением фактически сложившейся цены на нефть над базовым уровнем, прогнозируется в марте 2021 года в размере +116,9 млрд руб.

After hitting a low in April, global emissions rebounded strongly and rose above 2019 levels in December.

Shell Egypt and one of its affiliates have signed an agreement with a consortium made up of subsidiaries of Cheiron Petroleum Corporation and Cairn Energy PLC to acquire Shell’s upstream assets in Egypt’s Western Desert

The Board of Directors reviewed the issue of electing the Chairman of the Gazprom Management Committee and unanimously resolved to reelect Alexey Miller as Chairman of the Management Committee for a 5-year term starting from May 31, 2021.

Santos notes the announcement from S&P Global Ratings (S&P) reaffirming Santos’ BBB- credit rating with stable outlook.

Fossil fuels are expected to dominate the primary energy mix thru 2040, even in scenarios where countries meet the Paris Agreement’s climate goals.