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Supermajors Vie for Stake in Galp’s Massive Mopane Oil Discovery in Namibia
The world's largest oil companies are competing to secure a share of Galp's significant Mopane oil discovery in Namibia's Orange Basin, estimated at 10 billion barrels of oil equivalent.
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Supermajors Vie for Stake in Galp’s Massive Mopane Oil Discovery in Namibia
The world's largest oil companies are competing to secure a share of Galp's significant Mopane oil discovery in Namibia's Orange Basin, estimated at 10 billion barrels of oil equivalent.
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Chinese Refiners Brace for Lower Iranian Oil Volumes, but Major Disruptions Unlikely
Chinese refiners' Iranian oil imports are expected to decrease due to stricter sanctions and tensions in the Middle East. However, major disruptions appear unlikely, according to sources in China's energy sector.
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Chinese Refiners Brace for Lower Iranian Oil Volumes, but Major Disruptions Unlikely
Chinese refiners' Iranian oil imports are expected to decrease due to stricter sanctions and tensions in the Middle East. However, major disruptions appear unlikely, according to sources in China's energy sector.
en_1140770756540
Turkey and Brazil: New Main Buyers of Russian Diesel Post-EU Embargo
Since the EU embargo in February 2023, Turkey and Brazil have emerged as the main buyers of Russian diesel. This realignment of commercial flows is redefining the global diesel market, impacting prices and supply chains.
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Turkey and Brazil: New Main Buyers of Russian Diesel Post-EU Embargo
Since the EU embargo in February 2023, Turkey and Brazil have emerged as the main buyers of Russian diesel. This realignment of commercial flows is redefining the global diesel market, impacting prices and supply chains.
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CNOOC Launches Production of Bozhong 19-2 Project
The oil giant CNOOC Limited announces the commencement of production of the Bozhong 19-2 project, located in Bohai Bay, marking a key milestone in the effective development of offshore resources in China.
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CNOOC Launches Production of Bozhong 19-2 Project
The oil giant CNOOC Limited announces the commencement of production of the Bozhong 19-2 project, located in Bohai Bay, marking a key milestone in the effective development of offshore resources in China.
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Economics of Shale Projects: Rising Costs of Oil Production
The continued increase in development costs of upstream oil projects is testing the economic viability of new oil production. A recent study by Rystad Energy reveals an increase in breakeven costs, while still remaining below current oil prices.
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Economics of Shale Projects: Rising Costs of Oil Production
The continued increase in development costs of upstream oil projects is testing the economic viability of new oil production. A recent study by Rystad Energy reveals an increase in breakeven costs, while still remaining below current oil prices.
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Avjet Holding fined 200,000 dollars for oil spill in Quebec
Avjet Holding Inc. was fined 200,000 dollars by the Quebec Court for violating the Canadian Environmental Protection Act following a spill of 4,900 liters of petroleum product in January 2023.
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Avjet Holding fined 200,000 dollars for oil spill in Quebec
Avjet Holding Inc. was fined 200,000 dollars by the Quebec Court for violating the Canadian Environmental Protection Act following a spill of 4,900 liters of petroleum product in January 2023.
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Ithaca Energy Strengthens Its Presence in the North Sea with the Acquisition of Eni’s Assets
Ithaca Energy has acquired the majority of Eni's British oil and gas assets, thereby consolidating its position in a region undergoing significant changes.
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Ithaca Energy Strengthens Its Presence in the North Sea with the Acquisition of Eni’s Assets
Ithaca Energy has acquired the majority of Eni's British oil and gas assets, thereby consolidating its position in a region undergoing significant changes.
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OPEC+ and the Potential Iranian Oil Shock: Geopolitical Capacities and Vulnerabilities
The escalation of tensions between Israel and Iran threatens the stability of the global oil market. OPEC+ must assess its capacities in the face of a possible supply shock.
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OPEC+ and the Potential Iranian Oil Shock: Geopolitical Capacities and Vulnerabilities
The escalation of tensions between Israel and Iran threatens the stability of the global oil market. OPEC+ must assess its capacities in the face of a possible supply shock.
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Oil Prices Rise Following Biden’s Statement on Strikes in Iran
Oil prices significantly increase after a statement by U.S. President Joe Biden mentioning potential strikes against Iranian oil infrastructures, raising concerns about global supply.
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Oil Prices Rise Following Biden’s Statement on Strikes in Iran
Oil prices significantly increase after a statement by U.S. President Joe Biden mentioning potential strikes against Iranian oil infrastructures, raising concerns about global supply.
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Libya Lifts Blockade on Oil Fields and Terminals
Libyan authorities in the East have declared the resumption of oil production at the oil fields and the reopening of exports, which were halted due to a major political crisis opposing the rival government in Tripoli, recognized by the UN. This decision follows intense negotiations aimed at stabilizing the country’s oil sector.
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Libya Lifts Blockade on Oil Fields and Terminals
Libyan authorities in the East have declared the resumption of oil production at the oil fields and the reopening of exports, which were halted due to a major political crisis opposing the rival government in Tripoli, recognized by the UN. This decision follows intense negotiations aimed at stabilizing the country’s oil sector.
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