Fossil Energy

Latest news

Auctions of pre-salt oil blocks in Brazil brought in 916 million reais (nearly $173 million).
Auctions of pre-salt oil blocks in Brazil brought in 916 million reais (nearly $173 million).
The Spanish competition authority has opened an investigation against three hydrocarbon giants, Repsol and Cepsa and the British company BP.
The Spanish competition authority has opened an investigation against three hydrocarbon giants, Repsol and Cepsa and the British company BP.
According to GRTgaz, gas consumption in France has fallen by 10.5% since August 1 in climate-adjusted data.
According to GRTgaz, gas consumption in France has fallen by 10.5% since August 1 in climate-adjusted data.
Admiral, a petrochemical plant project in Saudi Arabia, is the subject of a final investment decision by TotalEnergies and Aramco.
Admiral, a petrochemical plant project in Saudi Arabia, is the subject of a final investment decision by TotalEnergies and Aramco.
Italy's competition watchdog has announced that it has opened investigations against seven energy groups.
Italy's competition watchdog has announced that it has opened investigations against seven energy groups.
Turkey has announced the end of the crisis in the transportation of Russian crude oil linked to the price cap, which was causing tankers to be jammed.
Turkey has announced the end of the crisis in the transportation of Russian crude oil linked to the price cap, which was causing tankers to be jammed.
Opec has maintained its oil demand growth forecast for 2022 and 2023, despite the slowdown in China.
Opec has maintained its oil demand growth forecast for 2022 and 2023, despite the slowdown in China.
In Germany, Uniper is building a non-permanent LNG import terminal in Wilhelmshaven to supply the country.
In Germany, Uniper is building a non-permanent LNG import terminal in Wilhelmshaven to supply the country.
The IEA (International Energy Agency) defines the measures to close a possible gap between gas supply and demand.
The IEA (International Energy Agency) defines the measures to close a possible gap between gas supply and demand.
HH BHD (Huang Hua BHD Petroleum Equipment Manufacturing Co. Ltd.) was awarded a $0.57 million contract for the supply of equipment.
HH BHD (Huang Hua BHD Petroleum Equipment Manufacturing Co. Ltd.) was awarded a $0.57 million contract for the supply of equipment.
SOCAR, the Azerbaijani state oil company, is stopping its purchases of Russian crude oil for its Turkish refinery.
SOCAR, the Azerbaijani state oil company, is stopping its purchases of Russian crude oil for its Turkish refinery.
Shell and Exxon are facing delays in abandoning an oil field in California due to pending approvals.
Shell and Exxon are facing delays in abandoning an oil field in California due to pending approvals.
The Italian nationalist government warned on Friday that it would have a say in the sale of the Sicilian refinery of the Russian oil giant Lukoil, asking in particular the candidates for the purchase to ensure "the development of the production pole".
The Italian nationalist government warned on Friday that it would have a say in the sale of the Sicilian refinery of the Russian oil giant Lukoil, asking in particular the candidates for the purchase to ensure "the development of the production pole".
The entry into force of the European embargo on Russian oil and the levelling off of the price of Russian crude oil are disrupting the maritime transport of black gold, already slowed down by new formalities linked to the insurance of tankers.
The entry into force of the European embargo on Russian oil and the levelling off of the price of Russian crude oil are disrupting the maritime transport of black gold, already slowed down by new formalities linked to the insurance of tankers.
Oil tankers that want to use the Turkish-controlled straits, the Bosphorus and the Dardanelles, must now prove that they are insured, Turkish officials announced Wednesday.
Oil tankers that want to use the Turkish-controlled straits, the Bosphorus and the Dardanelles, must now prove that they are insured, Turkish officials announced Wednesday.
Equinor has submitted the Verdande ODP to the Ministry of Petroleum and Energy. This project aims to ensure higher oil production.
Equinor has submitted the Verdande ODP to the Ministry of Petroleum and Energy. This project aims to ensure higher oil production.
Africa Oil was appealing the corporate income tax and VAT assessments of the Kenya Revenue Authority.
Africa Oil was appealing the corporate income tax and VAT assessments of the Kenya Revenue Authority.
Europe must include natural gas in its long-term transition plan, according to Eni's CEO.
Europe must include natural gas in its long-term transition plan, according to Eni's CEO.
Hina Nagarajan joins BP's board of directors as a non-executive director.
Hina Nagarajan joins BP's board of directors as a non-executive director.
In Turkey, Moscow plans to turn the country into a hub for Russian gas to mask its exports to Europe.
In Turkey, Moscow plans to turn the country into a hub for Russian gas to mask its exports to Europe.
The Argentinean justice has given the green light to an offshore oil exploration in three areas near Mar del Plata.
The Argentinean justice has given the green light to an offshore oil exploration in three areas near Mar del Plata.
RWE has filed an arbitration case against Gazprom to be compensated for cuts in Russian gas deliveries to Germany.
RWE has filed an arbitration case against Gazprom to be compensated for cuts in Russian gas deliveries to Germany.
Romania has begun to deliver gas to Moldova, which is experiencing a serious energy crisis due to the consequences of the war in Ukraine.
Romania has begun to deliver gas to Moldova, which is experiencing a serious energy crisis due to the consequences of the war in Ukraine.
Russia said it has "no doubt" that it will find new countries to buy its oil in the coming months.
Russia said it has "no doubt" that it will find new countries to buy its oil in the coming months.
Búzios, an oil field in the Santos Basin in Brazil, has seen a CNOOC subsidiary increase its stake by 5%.
Búzios, an oil field in the Santos Basin in Brazil, has seen a CNOOC subsidiary increase its stake by 5%.
To protect Pemex, the Mexican Ministry of Energy has tried to block the implementation of stricter flaring rules.
To protect Pemex, the Mexican Ministry of Energy has tried to block the implementation of stricter flaring rules.

popular articles