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Orlen is facing significant cost overruns and governance issues in its Olefins III project, threatening its financial stability and position in the European petrochemical market.
Orlen is facing significant cost overruns and governance issues in its Olefins III project, threatening its financial stability and position in the European petrochemical market.
Oil prices significantly increase after a statement by U.S. President Joe Biden mentioning potential strikes against Iranian oil infrastructures, raising concerns about global supply.
Oil prices significantly increase after a statement by U.S. President Joe Biden mentioning potential strikes against Iranian oil infrastructures, raising concerns about global supply.
Colombia presents an ambitious financing program aimed at reducing its dependence on oil and coal by mobilizing international investments for a low-carbon economy.
Colombia presents an ambitious financing program aimed at reducing its dependence on oil and coal by mobilizing international investments for a low-carbon economy.
ConocoPhillips secured the right to seize payments from PDVSA related to the Dragon gas project between Trinidad and Venezuela. This decision is part of ongoing efforts to recover a $1.33 billion debt linked to the nationalization of its assets.
ConocoPhillips secured the right to seize payments from PDVSA related to the Dragon gas project between Trinidad and Venezuela. This decision is part of ongoing efforts to recover a $1.33 billion debt linked to the nationalization of its assets.
Gregory Goff, member of the board of directors at Exxon Mobil, is now at the head of Amber Energy, an entity affiliated with Elliott Investment Management, in the context of the acquisition of Citgo, a Venezuelan-owned oil refiner, for an estimated amount of USD 7.28 billion.
Gregory Goff, member of the board of directors at Exxon Mobil, is now at the head of Amber Energy, an entity affiliated with Elliott Investment Management, in the context of the acquisition of Citgo, a Venezuelan-owned oil refiner, for an estimated amount of USD 7.28 billion.
Trinidad and Tobago chooses Shell to operate the Modified U(c) offshore gas block, reinforcing its strategy of stabilizing liquefied natural gas (LNG) supply in the face of declining domestic production.
Trinidad and Tobago chooses Shell to operate the Modified U(c) offshore gas block, reinforcing its strategy of stabilizing liquefied natural gas (LNG) supply in the face of declining domestic production.
Despite a political crisis between Venezuela and Spain, Repsol and the Venezuelan government are stepping up their cooperation in the energy sector, with agreements on oil and gas exploration.
Despite a political crisis between Venezuela and Spain, Repsol and the Venezuelan government are stepping up their cooperation in the energy sector, with agreements on oil and gas exploration.
Recent US sanctions against Venezuelan officials aim to weaken support for Maduro's regime, while raising questions about the long-term impact on the country's oil sector and economic stability.
Recent US sanctions against Venezuelan officials aim to weaken support for Maduro's regime, while raising questions about the long-term impact on the country's oil sector and economic stability.
US policy towards Venezuela oscillates between economic sanctions and migration concerns. As the Biden administration weighs up its options, geopolitical and humanitarian issues complicate the situation, making the future uncertain for the region.
US policy towards Venezuela oscillates between economic sanctions and migration concerns. As the Biden administration weighs up its options, geopolitical and humanitarian issues complicate the situation, making the future uncertain for the region.
A blackout lasting over 12 hours in Venezuela exposes the weaknesses of the national power grid. While the government accuses the opposition of sabotage, experts point to a lack of maintenance and chronic structural failures.
A blackout lasting over 12 hours in Venezuela exposes the weaknesses of the national power grid. While the government accuses the opposition of sabotage, experts point to a lack of maintenance and chronic structural failures.

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