Saudi Aramco has raised $3 billion via a sukuk issue, despite a drop in oil production.
The funds raised are intended to support the company's dividend commitments and capital expenditure projects.
Saudi Aramco has raised $3 billion via a sukuk issue, despite a drop in oil production.
The funds raised are intended to support the company's dividend commitments and capital expenditure projects.
Saudi Arabia is changing its oil strategy, abandoning its target of $100 a barrel in order to increase production and regain market share, despite a likely drop in prices.
Saudi Arabia is changing its oil strategy, abandoning its target of $100 a barrel in order to increase production and regain market share, despite a likely drop in prices.
Russian Deputy Prime Minister Alexander Novak announces that Russia could lift the gasoline export ban if a supply surplus is found in a stable domestic market.
Russian Deputy Prime Minister Alexander Novak announces that Russia could lift the gasoline export ban if a supply surplus is found in a stable domestic market.
Vladimir Putin has announced the strengthening of energy alliances between Russia, the BRICS and OPEC+, with the aim of stabilizing the global energy market, despite the sanctions imposed by the West in response to the conflict in Ukraine.
Vladimir Putin has announced the strengthening of energy alliances between Russia, the BRICS and OPEC+, with the aim of stabilizing the global energy market, despite the sanctions imposed by the West in response to the conflict in Ukraine.
Oil prices fall by 3% as OPEC+ forecasts a production increase as early as December.
Saudi Arabia abandons its target of $100 per barrel, putting pressure on the markets.
Oil prices fall by 3% as OPEC+ forecasts a production increase as early as December.
Saudi Arabia abandons its target of $100 per barrel, putting pressure on the markets.
ExxonMobil injects $10 billion into the development of the Owo project in Nigeria.
This initiative aims to increase oil production and consolidate the group's offshore operations in the country.
ExxonMobil injects $10 billion into the development of the Owo project in Nigeria.
This initiative aims to increase oil production and consolidate the group's offshore operations in the country.
The Federal Trade Commission imposes restrictions on Chevron as part of its acquisition of Hess Corporation, preventing John Hess from sitting on the board of directors to limit the risk of collusion and preserve competition in the sector.
The Federal Trade Commission imposes restrictions on Chevron as part of its acquisition of Hess Corporation, preventing John Hess from sitting on the board of directors to limit the risk of collusion and preserve competition in the sector.
The Asian diesel market is benefiting from a one-off rise thanks to Chinese monetary stimulus, but uncertainty persists with weakened fundamentals and a contangoing market structure.
The Asian diesel market is benefiting from a one-off rise thanks to Chinese monetary stimulus, but uncertainty persists with weakened fundamentals and a contangoing market structure.
After a temporary withdrawal, Petrobras is reinvesting in Africa with key holdings in São Tomé and Príncipe, and plans additional projects in Namibia and Angola, thus strengthening its position in the African oil market.
After a temporary withdrawal, Petrobras is reinvesting in Africa with key holdings in São Tomé and Príncipe, and plans additional projects in Namibia and Angola, thus strengthening its position in the African oil market.
