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British oil and energy services group Petrofac has seen a spectacular jump in its share price after its suspension from listing was lifted, despite a heavier annual net loss.
British oil and energy services group Petrofac has seen a spectacular jump in its share price after its suspension from listing was lifted, despite a heavier annual net loss.
OPEC+ agrees to increase the United Arab Emirates' oil production quota, allowing them to pump an additional 300,000 barrels per day from January 2025.
OPEC+ agrees to increase the United Arab Emirates' oil production quota, allowing them to pump an additional 300,000 barrels per day from January 2025.
The South African Court of Appeal overturns an earlier decision, allowing Shell and other oil companies to resume offshore exploration on the Wild Coast, subject to further public consultation.
The South African Court of Appeal overturns an earlier decision, allowing Shell and other oil companies to resume offshore exploration on the Wild Coast, subject to further public consultation.
Chinese refiner Rongsheng Petrochemical has acquired its first cargo of Canadian crude oil via the recently extended Trans Mountain pipeline, marking a strategic turning point in its energy supplies.
Chinese refiner Rongsheng Petrochemical has acquired its first cargo of Canadian crude oil via the recently extended Trans Mountain pipeline, marking a strategic turning point in its energy supplies.
Zion Oil & Gas starts recompletion operations on its MJ-01 well in Israel, despite logistical challenges linked to the ongoing conflict.
Zion Oil & Gas starts recompletion operations on its MJ-01 well in Israel, despite logistical challenges linked to the ongoing conflict.
Saudi oil giant Aramco is putting $10-12 billion worth of shares up for sale, aimed at financing its Vision 2030 program and diversifying the kingdom's economy.
Saudi oil giant Aramco is putting $10-12 billion worth of shares up for sale, aimed at financing its Vision 2030 program and diversifying the kingdom's economy.
U.S. crude oil inventories fell by 4.1 million barrels, well ahead of forecasts, thanks to increased activity at U.S. refineries.
U.S. crude oil inventories fell by 4.1 million barrels, well ahead of forecasts, thanks to increased activity at U.S. refineries.
Asian refiners want OPEC+ to maintain production cuts to ensure stable oil prices and refining margins
Asian refiners want OPEC+ to maintain production cuts to ensure stable oil prices and refining margins
Saudi Aramco's cancellation of its oil production capacity expansion is impacting rig rental rates in the region.
Saudi Aramco's cancellation of its oil production capacity expansion is impacting rig rental rates in the region.
ExxonMobil announces the reduction of its activities at Port-Jérôme-sur-Seine and plans site sales, despite union pressure.
ExxonMobil announces the reduction of its activities at Port-Jérôme-sur-Seine and plans site sales, despite union pressure.
ConocoPhillips buys Marathon Oil for $22.5 billion, strengthening its position in shale oil and gas despite climatic pressures.
ConocoPhillips buys Marathon Oil for $22.5 billion, strengthening its position in shale oil and gas despite climatic pressures.
Kuwait inaugurates the Al-Zor refinery, increasing its refining capacity to 1.8 million barrels per day.
Kuwait inaugurates the Al-Zor refinery, increasing its refining capacity to 1.8 million barrels per day.
Mohamed Aoun resumes his duties as Libyan Oil Minister after a two-month suspension for a "legal violation".
Mohamed Aoun resumes his duties as Libyan Oil Minister after a two-month suspension for a "legal violation".
PETRONAS discovers oil resources of nearly 400 million barrels in Suriname.
PETRONAS discovers oil resources of nearly 400 million barrels in Suriname.
Subsea7 wins a 50-150 million contract with Serica Energy for the development of the Belinda field in the North Sea, including project management, engineering, procurement, construction and installation.
Subsea7 wins a 50-150 million contract with Serica Energy for the development of the Belinda field in the North Sea, including project management, engineering, procurement, construction and installation.
The new president of Petrobras, Magda Chambriard, announces an acceleration of oil exploration despite environmental tensions, particularly in the Amazon.
The new president of Petrobras, Magda Chambriard, announces an acceleration of oil exploration despite environmental tensions, particularly in the Amazon.
TotalEnergies and Petrobras announce the extension of the Atapu and Sépia oil fields in Brazil, significantly increasing their production capacity.
TotalEnergies and Petrobras announce the extension of the Atapu and Sépia oil fields in Brazil, significantly increasing their production capacity.
Repsol has received a license from the United States to continue its oil operations in Venezuela, despite the US sanctions reactivated in April.
Repsol has received a license from the United States to continue its oil operations in Venezuela, despite the US sanctions reactivated in April.
Kuwait Oil has awarded six drilling contracts to ADES Holding, to compensate for the decline in its old oil fields and expand its production capacity.
Kuwait Oil has awarded six drilling contracts to ADES Holding, to compensate for the decline in its old oil fields and expand its production capacity.
The Iranian government has approved a plan to increase crude oil production to 4 million barrels per day, requiring an investment of $3 billion.
The Iranian government has approved a plan to increase crude oil production to 4 million barrels per day, requiring an investment of $3 billion.
Belgium adopts new quality standards to suspend the export of low-quality fuels to West Africa, bringing its standards into line with those of the European Union. The new standards will limit sulfur content to 50ppm, benzene to 1% and manganese to 2mg/liter.
Belgium adopts new quality standards to suspend the export of low-quality fuels to West Africa, bringing its standards into line with those of the European Union. The new standards will limit sulfur content to 50ppm, benzene to 1% and manganese to 2mg/liter.
TotalEnergies announces the launch of an oil project offshore Angola, targeting production of 70,000 barrels per day by 2028.
TotalEnergies announces the launch of an oil project offshore Angola, targeting production of 70,000 barrels per day by 2028.
The Venezuelan opposition has chosen Edmundo González as its presidential candidate. Despite its growing popularity, this dynamic is unlikely to change US oil sanctions policy in the short term, according to experts.
The Venezuelan opposition has chosen Edmundo González as its presidential candidate. Despite its growing popularity, this dynamic is unlikely to change US oil sanctions policy in the short term, according to experts.
The dissolution of Kuwait's parliament and the suspension of certain constitutional articles by Emir Sheikh Meshal augur an era of stability and dynamism for the country's energy sector, according to analysts.
The dissolution of Kuwait's parliament and the suspension of certain constitutional articles by Emir Sheikh Meshal augur an era of stability and dynamism for the country's energy sector, according to analysts.
The Melun administrative court rejects Eau de Paris' application for interim relief against the extension of an oil well in Seine-et-Marne, deeming the emergency unjustified.
The Melun administrative court rejects Eau de Paris' application for interim relief against the extension of an oil well in Seine-et-Marne, deeming the emergency unjustified.

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