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Equinor's first offshore well in Argentina, Argerich-1, showed no clear sign of hydrocarbons. In-depth analyses will be carried out over the coming months to assess the area's potential.
Equinor's first offshore well in Argentina, Argerich-1, showed no clear sign of hydrocarbons. In-depth analyses will be carried out over the coming months to assess the area's potential.
U.S. crude oil inventories rose by 3.6 million barrels, surprising analysts who were forecasting a decline, due to weakening demand and reduced exports.
U.S. crude oil inventories rose by 3.6 million barrels, surprising analysts who were forecasting a decline, due to weakening demand and reduced exports.
Iran has overtaken Iraq in 2023 to become the world's second largest gas flaring emitter after Russia, reveals a World Bank report.
Iran has overtaken Iraq in 2023 to become the world's second largest gas flaring emitter after Russia, reveals a World Bank report.
Faced with growing resistance from international oil companies, the Dangote refinery in Nigeria is experiencing crude oil supply difficulties, jeopardizing its production capacity.
Faced with growing resistance from international oil companies, the Dangote refinery in Nigeria is experiencing crude oil supply difficulties, jeopardizing its production capacity.
In May, China and India became the main buyers of Russian fuel oil and vacuum gas oil (VGO), representing a significant increase in Russia's seaborne exports. These exports, which totalled around 4 million tonnes, are the result of the end of seasonal maintenance work.
In May, China and India became the main buyers of Russian fuel oil and vacuum gas oil (VGO), representing a significant increase in Russia's seaborne exports. These exports, which totalled around 4 million tonnes, are the result of the end of seasonal maintenance work.
The Colombian government plans to raise diesel prices from July onwards for the main extractive industries, in order to economically stabilize a strategic fund.
The Colombian government plans to raise diesel prices from July onwards for the main extractive industries, in order to economically stabilize a strategic fund.
In the midst of geopolitical tension, oil markets remain cautious, affected by conflicts in the Middle East and Russian-Ukrainian relations.
In the midst of geopolitical tension, oil markets remain cautious, affected by conflicts in the Middle East and Russian-Ukrainian relations.
Société nigérienne du pétrole (SONIDEP) begins oil exploration and production, marking a historic turning point for Niger's energy independence.
Société nigérienne du pétrole (SONIDEP) begins oil exploration and production, marking a historic turning point for Niger's energy independence.
The UK Supreme Court has overturned approval for an oil drilling project at Horse Hill, citing inadequate environmental assessment.
The UK Supreme Court has overturned approval for an oil drilling project at Horse Hill, citing inadequate environmental assessment.
An oil exploration permit granted to a Chinese company threatens the ecosystem of Congo's Conkouati-Douli National Park, sparking strong opposition from NGOs.
An oil exploration permit granted to a Chinese company threatens the ecosystem of Congo's Conkouati-Douli National Park, sparking strong opposition from NGOs.