Fossil Energy

Latest news

A severe storm in the Black Sea is disrupting oil exports from Kazakhstan and Russia, affecting millions of barrels.
A severe storm in the Black Sea is disrupting oil exports from Kazakhstan and Russia, affecting millions of barrels.
The agreement between Eni and OpenEP, aimed at securing gas supplies to Switzerland and Italy in a tense energy context.
The agreement between Eni and OpenEP, aimed at securing gas supplies to Switzerland and Italy in a tense energy context.
The complex dynamics between Libya, international oil companies and contractual challenges in the country's oil industry.
The complex dynamics between Libya, international oil companies and contractual challenges in the country's oil industry.
OPEC+ virtual meeting on oil production quotas and their impact on world markets.
OPEC+ virtual meeting on oil production quotas and their impact on world markets.
Nine oil companies, including TotalEnergies, were fined a colossal sum for anti-competitive practices, marking a turning point in the regulation of the hydrocarbon market.
Nine oil companies, including TotalEnergies, were fined a colossal sum for anti-competitive practices, marking a turning point in the regulation of the hydrocarbon market.
OPEC+ Saudi Arabia faces major economic challenges with falling oil prices and rising geopolitical tensions ahead of the Vienna meeting.
OPEC+ Saudi Arabia faces major economic challenges with falling oil prices and rising geopolitical tensions ahead of the Vienna meeting.
In a complex geopolitical context, OPEC is at the heart of tensions between Arab nations and Israel, profoundly influencing the current crisis.
In a complex geopolitical context, OPEC is at the heart of tensions between Arab nations and Israel, profoundly influencing the current crisis.
TotalEnergies announces the completion of the sale of its Canadian oil sands assets, a major transaction in the energy sector.
TotalEnergies announces the completion of the sale of its Canadian oil sands assets, a major transaction in the energy sector.
Hess Corporation starts production at its oilfield in French Guiana, significantly increasing worldwide oil extraction capacity.
Hess Corporation starts production at its oilfield in French Guiana, significantly increasing worldwide oil extraction capacity.
At the heart of the OPEC+ negotiations, African countries are contesting the proposed quota cuts, fearing their impact on investment.
At the heart of the OPEC+ negotiations, African countries are contesting the proposed quota cuts, fearing their impact on investment.
Asia, led by China and India, is experiencing a resurgence in demand for fossil fuels, despite challenges in the construction sector and advances in electric vehicles.
Asia, led by China and India, is experiencing a resurgence in demand for fossil fuels, despite challenges in the construction sector and advances in electric vehicles.
US pipeline and oil terminal operators step up quality controls to avoid contamination of Texas shale oil.
US pipeline and oil terminal operators step up quality controls to avoid contamination of Texas shale oil.
In 2023, global oil demand will increase, driven by China, while US and Brazilian production will outperform, despite economic and geopolitical uncertainties.
In 2023, global oil demand will increase, driven by China, while US and Brazilian production will outperform, despite economic and geopolitical uncertainties.
China plans to increase fuel oil import quotas for independent refineries in 2023, in response to growing demand for raw materials.
China plans to increase fuel oil import quotas for independent refineries in 2023, in response to growing demand for raw materials.
The International Energy Agency (IEA) has revised upwards its forecasts for the refining sector, signalling major developments ahead.
The International Energy Agency (IEA) has revised upwards its forecasts for the refining sector, signalling major developments ahead.
Aramco successfully starts tight gas production at South Ghawar, ahead of schedule.
Aramco successfully starts tight gas production at South Ghawar, ahead of schedule.
ExxonMobil launches production at the Payara field in French Guiana, increasing the country's oil capacity and raising environmental issues.
ExxonMobil launches production at the Payara field in French Guiana, increasing the country's oil capacity and raising environmental issues.
Petrobras, the Brazilian state-owned oil company, is raising its production targets for 2023, despite a reduction in investment due to inflation.
Petrobras, the Brazilian state-owned oil company, is raising its production targets for 2023, despite a reduction in investment due to inflation.
Successful launch of the Seagull field in the North Sea by bp, Neptune Energy and JAPEX, strengthening the UK's energy supply.
Successful launch of the Seagull field in the North Sea by bp, Neptune Energy and JAPEX, strengthening the UK's energy supply.
A liquefied natural gas (LNG) sales agreement has been signed between QatarEnergy and China Petrochemical Corp, or Sinopec, with a probable fixing of around 12.7% on the price of crude oil. This agreement enables Sinopec to receive LNG cargoes at its terminals in China.
A liquefied natural gas (LNG) sales agreement has been signed between QatarEnergy and China Petrochemical Corp, or Sinopec, with a probable fixing of around 12.7% on the price of crude oil. This agreement enables Sinopec to receive LNG cargoes at its terminals in China.
Pontegadea, the investment company of Inditex founder Amancio Ortega, plans to acquire a 49% stake in a portfolio of wind farms and photovoltaic power plants in Spain, in partnership with Repsol.
Pontegadea, the investment company of Inditex founder Amancio Ortega, plans to acquire a 49% stake in a portfolio of wind farms and photovoltaic power plants in Spain, in partnership with Repsol.
ExxonMobil has launched a tender for a $75 million project to build a pipeline in Argentina, as part of its efforts to boost oil production in the Vaca Muerta shale field.
ExxonMobil has launched a tender for a $75 million project to build a pipeline in Argentina, as part of its efforts to boost oil production in the Vaca Muerta shale field.
A UN report reveals a worrying gap between fossil fuel production and the objectives of the Paris Agreement.
A UN report reveals a worrying gap between fossil fuel production and the objectives of the Paris Agreement.
Oil prices resumed their ascent from July lows, thanks to possible OPEC+ intervention and less disappointing Chinese economic data.
Oil prices resumed their ascent from July lows, thanks to possible OPEC+ intervention and less disappointing Chinese economic data.
Libya plans to increase its oil production, despite major political and infrastructural obstacles.
Libya plans to increase its oil production, despite major political and infrastructural obstacles.
The latest oil market trends reveal a significant drop in prices, influenced by worrying economic data and sluggish global demand.
The latest oil market trends reveal a significant drop in prices, influenced by worrying economic data and sluggish global demand.

popular articles