Europe's once-thriving refining industry is gearing up for a historic capacity reduction, driven by the pressures of the energy transition and falling margins.
Europe's once-thriving refining industry is gearing up for a historic capacity reduction, driven by the pressures of the energy transition and falling margins.
Ecuador and Chilean subsidiary ENAP SIPEC have renegotiated an agreement to operate an oil block in the Ecuadorian Amazon, providing for an additional investment of $90 million until 2035.
Ecuador and Chilean subsidiary ENAP SIPEC have renegotiated an agreement to operate an oil block in the Ecuadorian Amazon, providing for an additional investment of $90 million until 2035.
The oil tanker Ceres 1, involved in a collision with the Hafnia Nile, was intercepted by the Malaysian Coast Guard, raising questions about its disappearance.
The oil tanker Ceres 1, involved in a collision with the Hafnia Nile, was intercepted by the Malaysian Coast Guard, raising questions about its disappearance.
Ukraine has interrupted the transit of Lukoil oil to Slovakia and Hungary, heightening tensions over the supply of Russian oil to Europe via the Druzhba pipeline.
Ukraine has interrupted the transit of Lukoil oil to Slovakia and Hungary, heightening tensions over the supply of Russian oil to Europe via the Druzhba pipeline.
Saudi Arabia and Russia reaffirm their commitment to the OPEC+ agreement to stabilize the oil market, despite geopolitical challenges and Western sanctions.
Saudi Arabia and Russia reaffirm their commitment to the OPEC+ agreement to stabilize the oil market, despite geopolitical challenges and Western sanctions.
