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Latest news

ONGC and bp sign a strategic agreement for oil exploration
ONGC and bp have signed a memorandum of understanding to jointly explore opportunities in oil exploration, production, and trading. This three-year agreement aims to optimize mature fields and strengthen their presence in offshore bidding rounds in India.
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ONGC and bp sign a strategic agreement for oil exploration
ONGC and bp have signed a memorandum of understanding to jointly explore opportunities in oil exploration, production, and trading. This three-year agreement aims to optimize mature fields and strengthen their presence in offshore bidding rounds in India.
en_1140290950540-9
Equinor shifts its strategy towards oil and gas in Africa
Norwegian group Equinor plans to increase its oil and gas production by more than 10% by 2027. Facing economic constraints, the company is halving its investments in renewable energy and strengthening its presence in Africa, particularly in Tanzania.
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Equinor shifts its strategy towards oil and gas in Africa
Norwegian group Equinor plans to increase its oil and gas production by more than 10% by 2027. Facing economic constraints, the company is halving its investments in renewable energy and strengthening its presence in Africa, particularly in Tanzania.
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Equatorial Guinea: A New Oil and Gas Licensing Round to Revive the Sector
Facing a decline in oil production, Equatorial Guinea is preparing to launch a new cycle of oil and gas license allocations. This initiative aims to attract investors to boost exploration and stabilize the hydrocarbon industry in a challenging economic context.
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Equatorial Guinea: A New Oil and Gas Licensing Round to Revive the Sector
Facing a decline in oil production, Equatorial Guinea is preparing to launch a new cycle of oil and gas license allocations. This initiative aims to attract investors to boost exploration and stabilize the hydrocarbon industry in a challenging economic context.
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Dangote Refinery Nears Full Capacity Despite Supply Challenges
Dangote Refinery, Africa’s largest, could reach its full potential of 650,000 barrels per day within 30 days. Currently operating at 85% capacity, it faces crude oil supply challenges despite pressure from Nigeria’s regulatory authorities.
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Dangote Refinery Nears Full Capacity Despite Supply Challenges
Dangote Refinery, Africa’s largest, could reach its full potential of 650,000 barrels per day within 30 days. Currently operating at 85% capacity, it faces crude oil supply challenges despite pressure from Nigeria’s regulatory authorities.
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Dispute Over Corentyne Block: CGX and Frontera Challenge Guyana’s Decision
The government of Guyana is questioning the validity of the Corentyne Block exploration license held by CGX Energy and Frontera Energy. Facing this situation, the consortium is assessing its legal options to defend its interests in this strategic offshore zone.
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Dispute Over Corentyne Block: CGX and Frontera Challenge Guyana’s Decision
The government of Guyana is questioning the validity of the Corentyne Block exploration license held by CGX Energy and Frontera Energy. Facing this situation, the consortium is assessing its legal options to defend its interests in this strategic offshore zone.
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US Oil Tariffs on Canada and Mexico Reshape Crude Flows
The new US oil tariffs of 10% and 25% on Canadian and Mexican imports could lead to a redirection of North American crude flows to other markets. Wood Mackenzie analyzes the implications for the three affected countries.
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US Oil Tariffs on Canada and Mexico Reshape Crude Flows
The new US oil tariffs of 10% and 25% on Canadian and Mexican imports could lead to a redirection of North American crude flows to other markets. Wood Mackenzie analyzes the implications for the three affected countries.
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Russia-India: A Strengthened Oil Partnership Despite U.S. Sanctions
Russia will continue supplying oil to India under advantageous conditions despite U.S. sanctions affecting its energy sector. New Delhi relies on stable Russian deliveries to meet growing demand, consolidating a strategic partnership in a tense global market.
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Russia-India: A Strengthened Oil Partnership Despite U.S. Sanctions
Russia will continue supplying oil to India under advantageous conditions despite U.S. sanctions affecting its energy sector. New Delhi relies on stable Russian deliveries to meet growing demand, consolidating a strategic partnership in a tense global market.
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Brazil: Petrobras accelerates its oil project in the Equatorial Margin despite uncertainties
Petrobras aims to exploit a 10-billion-barrel deposit off the Amazon coast. While Ibama assesses the environmental impact, the Brazilian government supports the project, which could strengthen the country’s position in the global oil market.
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Brazil: Petrobras accelerates its oil project in the Equatorial Margin despite uncertainties
Petrobras aims to exploit a 10-billion-barrel deposit off the Amazon coast. While Ibama assesses the environmental impact, the Brazilian government supports the project, which could strengthen the country’s position in the global oil market.
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Explosion on a Russian Oil Tanker in Ust-Luga: No Victims or Leaks Reported
A fire broke out aboard the Russian oil tanker *Koala* after an explosion in the engine room, forcing the crew to evacuate the vessel. The accident, which occurred in the port of Ust-Luga, caused no casualties or oil spills, according to authorities.
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Explosion on a Russian Oil Tanker in Ust-Luga: No Victims or Leaks Reported
A fire broke out aboard the Russian oil tanker *Koala* after an explosion in the engine room, forcing the crew to evacuate the vessel. The accident, which occurred in the port of Ust-Luga, caused no casualties or oil spills, according to authorities.
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CNOOC launches production at Bozhong 26-6 oilfield in Bohai Sea
CNOOC Limited has announced the start of production for Phase I of the Bozhong 26-6 oilfield development project, located in Bohai Bay. With an expected production capacity of 22,300 barrels of oil equivalent per day in 2025, this strategic project strengthens China's energy supply.
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CNOOC launches production at Bozhong 26-6 oilfield in Bohai Sea
CNOOC Limited has announced the start of production for Phase I of the Bozhong 26-6 oilfield development project, located in Bohai Bay. With an expected production capacity of 22,300 barrels of oil equivalent per day in 2025, this strategic project strengthens China's energy supply.
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