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Nigerian oil and gas producer Oando is aiming to double its production following the imminent acquisition of Eni, projecting a ramp-up to 100,000 boe/d by 2029.
Nigerian oil and gas producer Oando is aiming to double its production following the imminent acquisition of Eni, projecting a ramp-up to 100,000 boe/d by 2029.
In April, Russian oil product exports hit a post-pandemic low, impacted by drone attacks and flooding.
In April, Russian oil product exports hit a post-pandemic low, impacted by drone attacks and flooding.
ADNOC recently increased its crude oil production capacity to 4.85 million barrels per day, making significant progress towards its target of 5 million barrels by 2027. This expansion comes at a time when the company is seeking to maximize its hydrocarbon resources in the face of increased market competition and the constraints of OPEC+ quotas.
ADNOC recently increased its crude oil production capacity to 4.85 million barrels per day, making significant progress towards its target of 5 million barrels by 2027. This expansion comes at a time when the company is seeking to maximize its hydrocarbon resources in the face of increased market competition and the constraints of OPEC+ quotas.
The offshore drilling industry is experiencing strong demand for its 6th and 7th generation platforms, despite a slight drop in new contracts signed.
The offshore drilling industry is experiencing strong demand for its 6th and 7th generation platforms, despite a slight drop in new contracts signed.
Iraq's crude oil exports fell slightly in April, reflecting pressure to meet OPEC+ quotas.
Iraq's crude oil exports fell slightly in April, reflecting pressure to meet OPEC+ quotas.
Angola, having withdrawn from OPEC, is raising renewed hopes in Asia thanks to its increased oil production, offering greater flexibility in regional supply.
Angola, having withdrawn from OPEC, is raising renewed hopes in Asia thanks to its increased oil production, offering greater flexibility in regional supply.
ConocoPhillips forecasts stable activity in the Permian Basin for 2024, while anticipating occasional production increases thanks to new projects.
ConocoPhillips forecasts stable activity in the Permian Basin for 2024, while anticipating occasional production increases thanks to new projects.
Paris City Council is contesting a state-approved oil drilling project in Seine-et-Marne, which it claims would threaten the city's drinking water sources.
Paris City Council is contesting a state-approved oil drilling project in Seine-et-Marne, which it claims would threaten the city's drinking water sources.
In line with OPEC+ guidelines, Iraq and Kazakhstan rectify their oil overproduction.
In line with OPEC+ guidelines, Iraq and Kazakhstan rectify their oil overproduction.
The United States has granted Maurel & Prom an exceptional license, enabling the French oil company to maintain its operations in Venezuela despite the sanctions.
The United States has granted Maurel & Prom an exceptional license, enabling the French oil company to maintain its operations in Venezuela despite the sanctions.