Athabasca Oil obtains TSX approval to repurchase up to 50.4 million common shares, reflecting a clear strategy of redistributing liquidity to shareholders, fully funded by its available free cash flow in 2025.
Athabasca Oil obtains TSX approval to repurchase up to 50.4 million common shares, reflecting a clear strategy of redistributing liquidity to shareholders, fully funded by its available free cash flow in 2025.
A landslide caused the rupture of the SOTE pipeline in Ecuador, leading to an oil spill in the Esmeraldas River. Authorities have declared an environmental emergency in the Esmeraldas region.
A landslide caused the rupture of the SOTE pipeline in Ecuador, leading to an oil spill in the Esmeraldas River. Authorities have declared an environmental emergency in the Esmeraldas region.
The U.S. Environmental Protection Agency (EPA) has announced it will reconsider the rule limiting CO2 emissions from power plants. This decision is part of the Trump administration's continued deregulatory agenda.
The U.S. Environmental Protection Agency (EPA) has announced it will reconsider the rule limiting CO2 emissions from power plants. This decision is part of the Trump administration's continued deregulatory agenda.
After ten years of interruption due to internal conflicts, Libya has restarted production at the Mabruk field. This resumption aims to support the national economy by increasing the country's oil production capacity.
After ten years of interruption due to internal conflicts, Libya has restarted production at the Mabruk field. This resumption aims to support the national economy by increasing the country's oil production capacity.
China's oil demand for fuels saw a slight decline in 2024, signaling the end of a decade of sustained growth as the country shifts its economy and transportation systems.
China's oil demand for fuels saw a slight decline in 2024, signaling the end of a decade of sustained growth as the country shifts its economy and transportation systems.
At the CERAWeek conference in Houston, the leaders of major oil companies confirmed a strategic shift towards oil and gas, prioritising profitability and energy supply amid uncertainties in the renewable energy market.
At the CERAWeek conference in Houston, the leaders of major oil companies confirmed a strategic shift towards oil and gas, prioritising profitability and energy supply amid uncertainties in the renewable energy market.
Venezuelan President Nicolás Maduro has announced the opening of the oil sector to foreign investment after the United States revoked Chevron’s operating license, requiring the company to liquidate its operations by April 3.
Venezuelan President Nicolás Maduro has announced the opening of the oil sector to foreign investment after the United States revoked Chevron’s operating license, requiring the company to liquidate its operations by April 3.
The Organization of the Petroleum Exporting Countries (OPEC) forecasts an increase in global oil demand of 1.4 million barrels per day in 2025, driven by air and road transport. Consumption is expected to reach 106.6 million barrels per day in 2026.
The Organization of the Petroleum Exporting Countries (OPEC) forecasts an increase in global oil demand of 1.4 million barrels per day in 2025, driven by air and road transport. Consumption is expected to reach 106.6 million barrels per day in 2026.
British company Tower Resources is intensifying preparations for drilling the NJOM-3 well on the Thali block, awaiting government approval for a license extension and a farm-out agreement with Prime Global Energies.
British company Tower Resources is intensifying preparations for drilling the NJOM-3 well on the Thali block, awaiting government approval for a license extension and a farm-out agreement with Prime Global Energies.
BW Energy has announced the discovery of an oil field in the Bourdon prospect, located in the offshore Dussafu license in Gabon. This new resource could strengthen the company's production and stimulate investment in the country's oil sector.
BW Energy has announced the discovery of an oil field in the Bourdon prospect, located in the offshore Dussafu license in Gabon. This new resource could strengthen the company's production and stimulate investment in the country's oil sector.
