Fossil Energy

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Oil prices are recovering, buoyed by the easing of COVID-19 restrictions in China.
Oil prices are recovering, buoyed by the easing of COVID-19 restrictions in China.
Portugal fears an energy shortage this winter. The country relies on LNG from Nigeria, but the country's pipelines have been affected by vandalism.
Portugal fears an energy shortage this winter. The country relies on LNG from Nigeria, but the country's pipelines have been affected by vandalism.
Israel is preparing to activate the Karish offshore gas field, a key step to boost its natural gas exports to Europe.
Israel is preparing to activate the Karish offshore gas field, a key step to boost its natural gas exports to Europe.
TotalEnergies is selling its interest in the Sarsang oil field in Iraqi Kurdistan, but remains well established in the country.
TotalEnergies is selling its interest in the Sarsang oil field in Iraqi Kurdistan, but remains well established in the country.
In Saudi Arabia, Arabian Drilling intends to expand its business to meet the growing demand for oil and gas. The company intends to invest in new drilling rigs.
In Saudi Arabia, Arabian Drilling intends to expand its business to meet the growing demand for oil and gas. The company intends to invest in new drilling rigs.
After an oil spill, Iraq resumes oil exports from the Basrah terminal. As a result, exports have been reduced by 1 million barrels per day. Iraq intends to pump more to compensate for losses.
After an oil spill, Iraq resumes oil exports from the Basrah terminal. As a result, exports have been reduced by 1 million barrels per day. Iraq intends to pump more to compensate for losses.
The current energy crisis is different from the oil crisis of the 1970s. Oil, for example, is less important in the production of electricity.
The current energy crisis is different from the oil crisis of the 1970s. Oil, for example, is less important in the production of electricity.
In Italy, the government approves a regasification plant in Piombino. In a context of energy crisis, the country wants to ensure its supply.
In Italy, the government approves a regasification plant in Piombino. In a context of energy crisis, the country wants to ensure its supply.
The Asia-Pacific freight premium for XDF-powered LNG carriers reached its highest level of the year.
The Asia-Pacific freight premium for XDF-powered LNG carriers reached its highest level of the year.
In Peru, the Norperuano pipeline (ONP) was attacked. The oil leak impacts 6 indigenous Amazonian communities.
In Peru, the Norperuano pipeline (ONP) was attacked. The oil leak impacts 6 indigenous Amazonian communities.
Faced with the energy crisis and following the high heat of this summer, China fears a shortage of electricity. Thus, it relies on coal.
Faced with the energy crisis and following the high heat of this summer, China fears a shortage of electricity. Thus, it relies on coal.
Uganda has announced that it is going ahead with the oil megaproject planned by TotalEnergies, despite a European Parliament resolution condemning its "human rights violations" against opponents.
Uganda has announced that it is going ahead with the oil megaproject planned by TotalEnergies, despite a European Parliament resolution condemning its "human rights violations" against opponents.
Global refining capacity is declining. It went down in 2020 and again last year. The current context could accentuate this trend.
Global refining capacity is declining. It went down in 2020 and again last year. The current context could accentuate this trend.
Faced with the energy crisis, Europe is turning massively to LNG. A real upheaval in trade flows was then observed, with a strong impact on Asian demand. It has fallen by 7% since the beginning of the year.
Faced with the energy crisis, Europe is turning massively to LNG. A real upheaval in trade flows was then observed, with a strong impact on Asian demand. It has fallen by 7% since the beginning of the year.
Oil and gas exploration declines in 2022. The geopolitical and environmental context exacerbates this trend.
Oil and gas exploration declines in 2022. The geopolitical and environmental context exacerbates this trend.
The CEO of Eni met with the President of Côte d'Ivoire. The two men discussed many issues related to the activities of Eni in the country but especially the Whale project.
The CEO of Eni met with the President of Côte d'Ivoire. The two men discussed many issues related to the activities of Eni in the country but especially the Whale project.
According to Maduro, Venezuela "is ready" to "supply the world market" with oil and gas. He is asking for a price of $100/bbl.
According to Maduro, Venezuela "is ready" to "supply the world market" with oil and gas. He is asking for a price of $100/bbl.
SSB, a Shell subsidiary, and PETRONAS will jointly develop the Rosmari and Marjoraim gas fields in Malaysia.
SSB, a Shell subsidiary, and PETRONAS will jointly develop the Rosmari and Marjoraim gas fields in Malaysia.
OPEC is maintaining its forecast for global oil demand growth, despite fears of a recession.
OPEC is maintaining its forecast for global oil demand growth, despite fears of a recession.
Oil prices are rising. They are driven by fears of a recession and supply concerns.
Oil prices are rising. They are driven by fears of a recession and supply concerns.
Demand for oil is exploding while soaring gas prices are pushing players to switch fuels. It is expected to increase by 80% over the next six months.
Demand for oil is exploding while soaring gas prices are pushing players to switch fuels. It is expected to increase by 80% over the next six months.
Norway says it is "sceptical" about the introduction of a cap on the price of Russian gas.
Norway says it is "sceptical" about the introduction of a cap on the price of Russian gas.
Azerbaijan's gas exports to Europe are exploding. They are up by more than 30% in 2022.
Azerbaijan's gas exports to Europe are exploding. They are up by more than 30% in 2022.
In North America, the hydrocarbon sector is booming. The sector's activities are growing faster than expected.
In North America, the hydrocarbon sector is booming. The sector's activities are growing faster than expected.
OPEC+, energy crisis in Europe. Find a summary of the events concerning the energy market, what you should not miss.
OPEC+, energy crisis in Europe. Find a summary of the events concerning the energy market, what you should not miss.

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