Uganda is stepping up exploration in the Moroto-Kadam and Kyoga basins, aiming to boost its reserves to 6.5 billion barrels of oil, a strategic move to solidify its position in the energy industry.
Uganda is stepping up exploration in the Moroto-Kadam and Kyoga basins, aiming to boost its reserves to 6.5 billion barrels of oil, a strategic move to solidify its position in the energy industry.
BP returns to Iraq after five years, signing a preliminary agreement with the government to restart production from the Kirkuk fields via a profit-sharing model.
BP returns to Iraq after five years, signing a preliminary agreement with the government to restart production from the Kirkuk fields via a profit-sharing model.
Georgia begins construction of its first oil refinery at Kulevi, with the aim of reducing its dependence on Russian imports and strengthening its energy autonomy.
Georgia begins construction of its first oil refinery at Kulevi, with the aim of reducing its dependence on Russian imports and strengthening its energy autonomy.
U.S. crude oil inventories fell by 4.6 million barrels, exceeding analysts' forecasts, due to increased refinery activity, despite higher imports and production.
U.S. crude oil inventories fell by 4.6 million barrels, exceeding analysts' forecasts, due to increased refinery activity, despite higher imports and production.
The oil tanker "Gulfstream", involved in a massive fuel oil spill off Tobago, has been refloated after six months of delicate operations.
An international investigation is underway to identify those responsible.
The oil tanker "Gulfstream", involved in a massive fuel oil spill off Tobago, has been refloated after six months of delicate operations.
An international investigation is underway to identify those responsible.
BP returns to Iraq after five years, signing a preliminary agreement with the government to restart production from the Kirkuk fields via a profit-sharing model.
BP returns to Iraq after five years, signing a preliminary agreement with the government to restart production from the Kirkuk fields via a profit-sharing model.
The ongoing arbitration between Exxon Mobil and Chevron over the merger with Hess could redefine the future of oil operations in Guyana, a crucial sector for both American giants.
The ongoing arbitration between Exxon Mobil and Chevron over the merger with Hess could redefine the future of oil operations in Guyana, a crucial sector for both American giants.
In 2023, despite falling commodity prices, oil production in the United States will reach record levels, underpinned by massive investment and effective cost management.
In 2023, despite falling commodity prices, oil production in the United States will reach record levels, underpinned by massive investment and effective cost management.