ADNOC recently increased its crude oil production capacity to 4.85 million barrels per day, making significant progress towards its target of 5 million barrels by 2027. This expansion comes at a time when the company is seeking to maximize its hydrocarbon resources in the face of increased market competition and the constraints of OPEC+ quotas.
ADNOC recently increased its crude oil production capacity to 4.85 million barrels per day, making significant progress towards its target of 5 million barrels by 2027. This expansion comes at a time when the company is seeking to maximize its hydrocarbon resources in the face of increased market competition and the constraints of OPEC+ quotas.
The offshore drilling industry is experiencing strong demand for its 6th and 7th generation platforms, despite a slight drop in new contracts signed.
Iraq’s crude oil exports fell slightly in April, reflecting pressure to meet OPEC+ quotas.
Angola, having withdrawn from OPEC, is raising renewed hopes in Asia thanks to its increased oil production, offering greater flexibility in regional supply.
Angola, having withdrawn from OPEC, is raising renewed hopes in Asia thanks to its increased oil production, offering greater flexibility...
Read moreADNOC recently increased its crude oil production capacity to 4.85 million barrels per day, making significant progress towards its target...
Read moreSaudi Aramco CEO Amin Nasser stresses the crucial role of the global South in future hydrocarbon demand, and calls for...
Read moreParis City Council is contesting a state-approved oil drilling project in Seine-et-Marne, which it claims would threaten the city's drinking...
Read moreThe Polish National Prosecutor's Office has launched an investigation into the Orlen oil group, following allegations of an executive's links...
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Paris City Council is contesting a state-approved oil drilling project in Seine-et-Marne, which it claims would threaten the city's drinking water sources.
In line with OPEC+ guidelines, Iraq and Kazakhstan rectify their oil overproduction.
The United States has granted Maurel & Prom an exceptional license, enabling the French oil company to maintain its operations in Venezuela despite the sanctions.
The FTC approved ExxonMobil's acquisition of Pioneer Natural Resources, but stipulated that Scott Sheffield, ex-CEO of Pioneer, would not join ExxonMobil's board of directors. This condition underlines the regulatory complications in a fast-changing energy market.
The Polish National Prosecutor's Office has launched an investigation into the Orlen oil group, following allegations of an executive's links with Hezbollah and massive financial losses.
Saudi Aramco CEO Amin Nasser stresses the crucial role of the global South in future hydrocarbon demand, and calls for balanced investment between renewables and fossil fuels.
U.S. commercial crude oil inventories rose unexpectedly last week, following an almost equivalent decline the week before, according to the U.S. Energy Information Agency (EIA).
The Trans Mountain pipeline, which will significantly increase Canada's oil transport capacity, is finally operational, sparking debate and controversy.
Petrofac plummets in London, announcing a delay and suspension of trading.
TotalEnergies EP Congo, an 85%-owned subsidiary of TotalEnergies, recently modified its shareholding structure in several oil licenses, involving exchanges with Trident Energy.
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