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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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CNOOC starts production of the Buzios7 project off the coast of Brazil
The Buzios7 project, located in the Santos Basin, has officially begun production. With advanced processing capacity, it contributes to the goal of one million barrels per day for one of the world's largest deepwater oil fields.
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CNOOC starts production of the Buzios7 project off the coast of Brazil
The Buzios7 project, located in the Santos Basin, has officially begun production. With advanced processing capacity, it contributes to the goal of one million barrels per day for one of the world's largest deepwater oil fields.
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Global Oil Demand to Rise Sharply in 2025, Says IEA
The International Energy Agency (IEA) forecasts an increase of 1.1 million barrels per day (mb/d) in 2025, driven by consumption in non-OECD countries. Global production is expected to follow an upward trend despite recent declines and market tensions.
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Global Oil Demand to Rise Sharply in 2025, Says IEA
The International Energy Agency (IEA) forecasts an increase of 1.1 million barrels per day (mb/d) in 2025, driven by consumption in non-OECD countries. Global production is expected to follow an upward trend despite recent declines and market tensions.
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Senegal launches oil refining with 90,000 tons produced
The Société Africaine de Raffinage (SAR) has announced that it has processed domestically extracted crude oil for the first time. This industrial milestone marks a strategic step in the local valorization of the country's energy resources.
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Senegal launches oil refining with 90,000 tons produced
The Société Africaine de Raffinage (SAR) has announced that it has processed domestically extracted crude oil for the first time. This industrial milestone marks a strategic step in the local valorization of the country's energy resources.
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Unexpected Increase in U.S. Oil Stocks: +4.1 Million Barrels
U.S. oil stocks increased by 4.1 million barrels last week, surpassing analysts' expectations, according to data from the U.S. Energy Information Administration (EIA).
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Unexpected Increase in U.S. Oil Stocks: +4.1 Million Barrels
U.S. oil stocks increased by 4.1 million barrels last week, surpassing analysts' expectations, according to data from the U.S. Energy Information Administration (EIA).
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OPEC Forecasts Oil Demand Increase in 2025, Driven by Transportation
OPEC anticipates a global consumption of 105.1 million barrels per day in 2025, driven by growth in transportation, particularly air and road traffic, with continuous growth expected until 2026.
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OPEC Forecasts Oil Demand Increase in 2025, Driven by Transportation
OPEC anticipates a global consumption of 105.1 million barrels per day in 2025, driven by growth in transportation, particularly air and road traffic, with continuous growth expected until 2026.
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Chevron Plans to Cut 15% to 20% of Its Workforce by 2026
Chevron announces a cost-cutting plan of $2 to $3 billion, resulting in the reduction of 15% to 20% of its workforce by 2026, aiming to simplify its organization and strengthen its long-term competitiveness.
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Chevron Plans to Cut 15% to 20% of Its Workforce by 2026
Chevron announces a cost-cutting plan of $2 to $3 billion, resulting in the reduction of 15% to 20% of its workforce by 2026, aiming to simplify its organization and strengthen its long-term competitiveness.
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