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Shell Canada exchanges its remaining 10% stake in the Albian mines for an additional 10% interest in the Scotford upgrader and Quest carbon capture and storage (CCS) facility, focusing on refining and carbon capture projects while exiting oil sands operations.
Shell Canada exchanges its remaining 10% stake in the Albian mines for an additional 10% interest in the Scotford upgrader and Quest carbon capture and storage (CCS) facility, focusing on refining and carbon capture projects while exiting oil sands operations.
Shell announces a 17% drop in profits for 2024, impacted by the decline in margins, oil, and gas prices, as well as asset impairments.
Shell announces a 17% drop in profits for 2024, impacted by the decline in margins, oil, and gas prices, as well as asset impairments.
The administrative court of Melun ordered the prefecture to regularize the order authorizing oil drilling at the Nonville concession, deemed illegal on several points, awaiting a final decision in ten months.
The administrative court of Melun ordered the prefecture to regularize the order authorizing oil drilling at the Nonville concession, deemed illegal on several points, awaiting a final decision in ten months.
The imminent prospect of U.S. tariffs on imports from Canada and Mexico is causing concern in oil markets. Combined with an unexpected rise in crude stocks in the U.S., this announcement is impacting global oil prices.
The imminent prospect of U.S. tariffs on imports from Canada and Mexico is causing concern in oil markets. Combined with an unexpected rise in crude stocks in the U.S., this announcement is impacting global oil prices.
After over a decade of restrictions, the European Union is beginning a gradual and conditional lifting of sanctions on Syria’s oil, gas, and financial sectors. A strategic move to support the country's reconstruction after the fall of the Assad regime.
After over a decade of restrictions, the European Union is beginning a gradual and conditional lifting of sanctions on Syria’s oil, gas, and financial sectors. A strategic move to support the country's reconstruction after the fall of the Assad regime.
Kazakhstan begins shale oil production in 2025, marking a new step in its economic strategy amidst growth challenges and energy dependency.
Kazakhstan begins shale oil production in 2025, marking a new step in its economic strategy amidst growth challenges and energy dependency.
Negotiations between the Kurdistan Regional Government and Baghdad officially focus on salary payments. Meanwhile, the Iraq-BP agreement to increase production in Kirkuk fuels speculation about a possible resumption of oil exports.
Negotiations between the Kurdistan Regional Government and Baghdad officially focus on salary payments. Meanwhile, the Iraq-BP agreement to increase production in Kirkuk fuels speculation about a possible resumption of oil exports.
A tanker truck accident in Enugu, southeastern Nigeria, claimed the lives of 18 people, marking another tragedy in a series of incidents involving the transport of fuel in the country.
A tanker truck accident in Enugu, southeastern Nigeria, claimed the lives of 18 people, marking another tragedy in a series of incidents involving the transport of fuel in the country.
U.S. commercial crude oil inventories unexpectedly dropped, marking the ninth consecutive decline. The reserves fell by 1 million barrels, exceeding analysts' forecasts, according to the U.S. Energy Information Administration. ##
U.S. commercial crude oil inventories unexpectedly dropped, marking the ninth consecutive decline. The reserves fell by 1 million barrels, exceeding analysts' forecasts, according to the U.S. Energy Information Administration. ##
The Sudanese army and the paramilitary Rapid Support Forces (RSF) have accused each other of setting fire to a major oil refinery near Khartoum, escalating tensions in a conflict that has been ongoing for several months.
The Sudanese army and the paramilitary Rapid Support Forces (RSF) have accused each other of setting fire to a major oil refinery near Khartoum, escalating tensions in a conflict that has been ongoing for several months.