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Latest news

Angola: New Prospective Studies on Oil Blocks 17 and 32 to Maintain Production
Angola initiates new prospective studies on oil blocks 17/O6 and 32/21, aiming to identify drilling targets and avoid a prolonged decline in oil production.
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Angola: New Prospective Studies on Oil Blocks 17 and 32 to Maintain Production
Angola initiates new prospective studies on oil blocks 17/O6 and 32/21, aiming to identify drilling targets and avoid a prolonged decline in oil production.
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Putin Asks Kazakhstan’s Partners to Fund CPC Pipeline Repairs After Drone Attack
A drone attack on the Caspian Pipeline Consortium (CPC) threatens to disrupt Kazakhstan's oil exports. Vladimir Putin urges foreign partners, including Chevron, to fund the necessary repairs.
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Putin Asks Kazakhstan’s Partners to Fund CPC Pipeline Repairs After Drone Attack
A drone attack on the Caspian Pipeline Consortium (CPC) threatens to disrupt Kazakhstan's oil exports. Vladimir Putin urges foreign partners, including Chevron, to fund the necessary repairs.
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Glencore Posts Loss in 2024 and Considers Changing Stock Exchange
Glencore announces a financial loss in 2024, attributed to a drop in demand and fluctuations in commodity prices, while considering a stock exchange move to strengthen its strategic position.
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Glencore Posts Loss in 2024 and Considers Changing Stock Exchange
Glencore announces a financial loss in 2024, attributed to a drop in demand and fluctuations in commodity prices, while considering a stock exchange move to strengthen its strategic position.
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Rhino Resources discovers oil reserves in Namibia’s offshore
Three months after expressing its oil ambitions in Namibia, Rhino Resources announced the discovery of reserves on block 2914 in the Orange offshore basin, a strategic development for the company.
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Rhino Resources discovers oil reserves in Namibia’s offshore
Three months after expressing its oil ambitions in Namibia, Rhino Resources announced the discovery of reserves on block 2914 in the Orange offshore basin, a strategic development for the company.
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Brazil Joins OPEC Charter and Positions Itself on the Global Energy Market
Brazil has officially joined the OPEC Charter, strengthening its position in the global energy sector while consolidating its place among influential producers.
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Brazil Joins OPEC Charter and Positions Itself on the Global Energy Market
Brazil has officially joined the OPEC Charter, strengthening its position in the global energy sector while consolidating its place among influential producers.
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Woodside revises upward the oil reserves of the Sangomar field
Woodside Energy has reassessed the reserves of the offshore Sangomar oil field in Senegal, adding 16.2 million barrels of oil equivalent to the proven reserves. This update supports production stability and strengthens the supply to the national refinery.
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Woodside revises upward the oil reserves of the Sangomar field
Woodside Energy has reassessed the reserves of the offshore Sangomar oil field in Senegal, adding 16.2 million barrels of oil equivalent to the proven reserves. This update supports production stability and strengthens the supply to the national refinery.
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Kazakhstan and Hungary Agree on Oil Exports via Druzhba Pipeline
An agreement was signed in February 2025 between Kazakhstan and Hungary to enhance oil exports from Kazakhstan via the Druzhba pipeline. This development could change the energy dynamics in Central Europe.
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Kazakhstan and Hungary Agree on Oil Exports via Druzhba Pipeline
An agreement was signed in February 2025 between Kazakhstan and Hungary to enhance oil exports from Kazakhstan via the Druzhba pipeline. This development could change the energy dynamics in Central Europe.
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Yemen’s Oil Minister Urges Iran to Halt Houthi Support as the Country Eyes Gas Exports Again
Yemen's Oil Minister, Saeed Suleiman al-Shamasi, recently urged Iran to stop supporting Houthi rebels, as the war-torn country seeks to revive its natural gas exports. This plea was made amid a dire energy crisis and a deteriorating geopolitical situation.
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Yemen’s Oil Minister Urges Iran to Halt Houthi Support as the Country Eyes Gas Exports Again
Yemen's Oil Minister, Saeed Suleiman al-Shamasi, recently urged Iran to stop supporting Houthi rebels, as the war-torn country seeks to revive its natural gas exports. This plea was made amid a dire energy crisis and a deteriorating geopolitical situation.
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Iraq Prepares to Resume Kurdish Oil Exports via Turkey
Baghdad announces an agreement with Erbil to restart the export of 300,000 barrels per day via the Turkish port of Ceyhan. A government delegation will travel to Iraqi Kurdistan to finalize the export mechanism after two years of suspension.
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Iraq Prepares to Resume Kurdish Oil Exports via Turkey
Baghdad announces an agreement with Erbil to restart the export of 300,000 barrels per day via the Turkish port of Ceyhan. A government delegation will travel to Iraqi Kurdistan to finalize the export mechanism after two years of suspension.
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Congo: The Fouta Refinery Set to Be Operational by the End of 2025
Congo is set to inaugurate its second oil refinery by the end of the year. Located in Fouta, this facility, developed by Beijing Fortune Dingheng Investment, aims to reduce refined product imports and strengthen the country's energy independence.
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Congo: The Fouta Refinery Set to Be Operational by the End of 2025
Congo is set to inaugurate its second oil refinery by the end of the year. Located in Fouta, this facility, developed by Beijing Fortune Dingheng Investment, aims to reduce refined product imports and strengthen the country's energy independence.
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