U.S. commercial oil reserves dropped by 1.2 million barrels, a figure below market expectations, in a context marked by rising exports and declining demand.
U.S. commercial oil reserves dropped by 1.2 million barrels, a figure below market expectations, in a context marked by rising exports and declining demand.
The oil spill in the Kerch Strait caused by the shipwreck of two Russian tankers has contaminated 73,000 tons of sand, raising concerns about the costs and environmental impact in Russia and Crimea.
The oil spill in the Kerch Strait caused by the shipwreck of two Russian tankers has contaminated 73,000 tons of sand, raising concerns about the costs and environmental impact in Russia and Crimea.
The Central Bank of Nigeria casts doubt on the 2 million bpd production target, citing outdated infrastructure and operational inefficiencies despite recent government reforms.
The Central Bank of Nigeria casts doubt on the 2 million bpd production target, citing outdated infrastructure and operational inefficiencies despite recent government reforms.
A strategic project in the South China Sea aims to optimize the Panyu oilfields with unmanned platforms and intelligent technologies, supporting the region’s energy ambitions.
A strategic project in the South China Sea aims to optimize the Panyu oilfields with unmanned platforms and intelligent technologies, supporting the region’s energy ambitions.
South Sudan plans to revive its oil production, critical for its economy, despite challenges related to damaged infrastructure and ongoing tensions with Sudan.
South Sudan plans to revive its oil production, critical for its economy, despite challenges related to damaged infrastructure and ongoing tensions with Sudan.
Algeria and Sinopec consolidate their economic and environmental cooperation with a $3.12 million investment dedicated to safety and sustainability in the oil sector.
Algeria and Sinopec consolidate their economic and environmental cooperation with a $3.12 million investment dedicated to safety and sustainability in the oil sector.
Ecopetrol finalizes the purchase of Repsol's 45% stake in the CPO-09 oil block, adding 41 million barrels to its reserves and strengthening its strategic position in the Llanos Orientales basin.
Ecopetrol finalizes the purchase of Repsol's 45% stake in the CPO-09 oil block, adding 41 million barrels to its reserves and strengthening its strategic position in the Llanos Orientales basin.
The disruption on the Druzhba pipeline, connecting Poland to Germany, halts 20% of Germany’s Kazakh oil supply, with a resumption expected by year-end.
The disruption on the Druzhba pipeline, connecting Poland to Germany, halts 20% of Germany’s Kazakh oil supply, with a resumption expected by year-end.
Amid geopolitical volatility and oversupply, OPEC+ must navigate critical decisions to stabilize oil prices while preserving market share against hesitant demand.
Amid geopolitical volatility and oversupply, OPEC+ must navigate critical decisions to stabilize oil prices while preserving market share against hesitant demand.
