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BW Energy plans to reach a production of 40,000 barrels per day off the coast of Gabon by the end of 2024, thanks to an intensive drilling campaign in the Dussafu block.
BW Energy plans to reach a production of 40,000 barrels per day off the coast of Gabon by the end of 2024, thanks to an intensive drilling campaign in the Dussafu block.
Iran has carried out its first crude oil export outside the Persian Gulf via the Jask terminal, expanding its export options amid threats of retaliatory strikes by Israel targeting oil facilities.
Iran has carried out its first crude oil export outside the Persian Gulf via the Jask terminal, expanding its export options amid threats of retaliatory strikes by Israel targeting oil facilities.
The International Energy Agency confirms that the oil market remains stable despite tensions in the Middle East, while preparing to intervene if necessary.
The International Energy Agency confirms that the oil market remains stable despite tensions in the Middle East, while preparing to intervene if necessary.
The energy ministries of Israel and Cyprus are discussing a historic agreement for the export of natural gas, marking the first sale of Israeli gas in Europe via a pipeline.
The energy ministries of Israel and Cyprus are discussing a historic agreement for the export of natural gas, marking the first sale of Israeli gas in Europe via a pipeline.
US sanctions on Iran to tighten China crude flows and raise shipping costs
US sanctions on Iran to tighten China crude flows and raise shipping costs
The UK Maritime Trade Operations (UKMTO) reported that a ship was struck by an unidentified projectile in the Red Sea, near the Yemeni coast. The crew is safe and the attack occurs amid increased regional tensions.
The UK Maritime Trade Operations (UKMTO) reported that a ship was struck by an unidentified projectile in the Red Sea, near the Yemeni coast. The crew is safe and the attack occurs amid increased regional tensions.
Chinese refiners' Iranian oil imports are expected to decrease due to stricter sanctions and tensions in the Middle East. However, major disruptions appear unlikely, according to sources in China's energy sector.
Chinese refiners' Iranian oil imports are expected to decrease due to stricter sanctions and tensions in the Middle East. However, major disruptions appear unlikely, according to sources in China's energy sector.
Ithaca Energy has acquired the majority of Eni's British oil and gas assets, thereby consolidating its position in a region undergoing significant changes.
Ithaca Energy has acquired the majority of Eni's British oil and gas assets, thereby consolidating its position in a region undergoing significant changes.
The United States and G7 leaders discuss new sanctions in response to Iran's attack on Israel. New measures targeting the Houthis in Yemen have also been announced.
The United States and G7 leaders discuss new sanctions in response to Iran's attack on Israel. New measures targeting the Houthis in Yemen have also been announced.
Despite tensions in the Middle East, oil prices remain stable due to abundant supply and the interests of Tehran and Washington to avoid escalation.
Despite tensions in the Middle East, oil prices remain stable due to abundant supply and the interests of Tehran and Washington to avoid escalation.

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