ExxonMobil abandons its plan to buy 40% of the Mopane offshore field in Namibia from Galp Energia, leaving other companies in the running for this strategic stake.
ExxonMobil abandons its plan to buy 40% of the Mopane offshore field in Namibia from Galp Energia, leaving other companies in the running for this strategic stake.
Gasoline prices in Brazil remain stable despite a widening gap with imports, posing challenges for the ethanol market and influencing the commercial strategies of fuel distributors.
Gasoline prices in Brazil remain stable despite a widening gap with imports, posing challenges for the ethanol market and influencing the commercial strategies of fuel distributors.
Exports of liquefied natural gas (LNG) from the United States to Latin America and the Caribbean rose slightly by 7% in August, with flows varying from country to country.
Exports of liquefied natural gas (LNG) from the United States to Latin America and the Caribbean rose slightly by 7% in August, with flows varying from country to country.
Brent crude oil prices hit their lowest level since March 2023.
OPEC+ postpones production increases, but the market remains skeptical in the face of flagging demand.
Brent crude oil prices hit their lowest level since March 2023.
OPEC+ postpones production increases, but the market remains skeptical in the face of flagging demand.
Under pressure from falling prices, OPEC+ decided to extend the production cut by 2.2 million barrels per day until December 2024 to maintain market balance.
Under pressure from falling prices, OPEC+ decided to extend the production cut by 2.2 million barrels per day until December 2024 to maintain market balance.
According to Rystad Energy, demand for hydrocarbons will remain high.
Premium energy basins such as Rub Al Khali and Gulf Deepwater are identified as strategic targets for maintaining production while reducing CO2 emissions.
According to Rystad Energy, demand for hydrocarbons will remain high.
Premium energy basins such as Rub Al Khali and Gulf Deepwater are identified as strategic targets for maintaining production while reducing CO2 emissions.
Petrobras decided to reduce the reinjection of natural gas into new wells, underlining a pragmatic approach that contrasts with Lula da Silva's declared climate objectives at COP28, exposing tensions within Brazil's energy policies.
Petrobras decided to reduce the reinjection of natural gas into new wells, underlining a pragmatic approach that contrasts with Lula da Silva's declared climate objectives at COP28, exposing tensions within Brazil's energy policies.
Algeria joins the New BRICS Development Bank, seeking to diversify its sources of financing and strengthen its position on the international financial scene.
Algeria joins the New BRICS Development Bank, seeking to diversify its sources of financing and strengthen its position on the international financial scene.
Paraguay, with its low-cost hydroelectricity, has become a center for cryptomining, attracting investment while fighting illegal drifts and corruption in its energy sector.
Paraguay, with its low-cost hydroelectricity, has become a center for cryptomining, attracting investment while fighting illegal drifts and corruption in its energy sector.
Scala Data Centers and Serena announce an agreement to supply 393 MW of wind power from 2025, aimed at meeting the growing needs of hyperscale data centers.
Scala Data Centers and Serena announce an agreement to supply 393 MW of wind power from 2025, aimed at meeting the growing needs of hyperscale data centers.
