A drone attack on the Caspian Pipeline Consortium (CPC) threatens to disrupt Kazakhstan's oil exports. Vladimir Putin urges foreign partners, including Chevron, to fund the necessary repairs.
A drone attack on the Caspian Pipeline Consortium (CPC) threatens to disrupt Kazakhstan's oil exports. Vladimir Putin urges foreign partners, including Chevron, to fund the necessary repairs.
Glencore announces a financial loss in 2024, attributed to a drop in demand and fluctuations in commodity prices, while considering a stock exchange move to strengthen its strategic position.
Glencore announces a financial loss in 2024, attributed to a drop in demand and fluctuations in commodity prices, while considering a stock exchange move to strengthen its strategic position.
Three months after expressing its oil ambitions in Namibia, Rhino Resources announced the discovery of reserves on block 2914 in the Orange offshore basin, a strategic development for the company.
Three months after expressing its oil ambitions in Namibia, Rhino Resources announced the discovery of reserves on block 2914 in the Orange offshore basin, a strategic development for the company.
Electrochaea and Hitachi announce a strategic partnership aimed at introducing synthetic methane production technology to Japan, marking a significant milestone in the clean energy sector.
Electrochaea and Hitachi announce a strategic partnership aimed at introducing synthetic methane production technology to Japan, marking a significant milestone in the clean energy sector.
Brazil has officially joined the OPEC Charter, strengthening its position in the global energy sector while consolidating its place among influential producers.
Brazil has officially joined the OPEC Charter, strengthening its position in the global energy sector while consolidating its place among influential producers.
France’s imports of liquefied natural gas (LNG) from Russia surged by 81% between 2023 and 2024, reaching €2.68 billion. With its extensive port infrastructure, France has become the primary entry point for Russian LNG into Europe, marking a shift in the market landscape.
France’s imports of liquefied natural gas (LNG) from Russia surged by 81% between 2023 and 2024, reaching €2.68 billion. With its extensive port infrastructure, France has become the primary entry point for Russian LNG into Europe, marking a shift in the market landscape.
TotalEnergies and ENI have reached an agreement with Cyprus and Egypt to develop the Cronos gas field. This initiative aims to convert the resources of Block 6 into liquefied natural gas (LNG) for the European market, utilizing existing Egyptian infrastructure.
TotalEnergies and ENI have reached an agreement with Cyprus and Egypt to develop the Cronos gas field. This initiative aims to convert the resources of Block 6 into liquefied natural gas (LNG) for the European market, utilizing existing Egyptian infrastructure.
Woodside Energy has reassessed the reserves of the offshore Sangomar oil field in Senegal, adding 16.2 million barrels of oil equivalent to the proven reserves. This update supports production stability and strengthens the supply to the national refinery.
Woodside Energy has reassessed the reserves of the offshore Sangomar oil field in Senegal, adding 16.2 million barrels of oil equivalent to the proven reserves. This update supports production stability and strengthens the supply to the national refinery.
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.
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.
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.
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.
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.
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.
The PetroChina subsidiary refuels 2,200 tons of Liquefied Natural Gas (LNG) for an international container ship, affirming Hong Kong’s strategic position. This breakthrough demonstrates regional cooperation and the expansion of LNG bunkering in Asia.
The PetroChina subsidiary refuels 2,200 tons of Liquefied Natural Gas (LNG) for an international container ship, affirming Hong Kong’s strategic position. This breakthrough demonstrates regional cooperation and the expansion of LNG bunkering in Asia.
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.
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.
BP has announced the commissioning of two new wells in the Raven gas field, part of the West Nile Delta project in Egypt. This expansion aims to increase the country's natural gas production and support national energy objectives.
BP has announced the commissioning of two new wells in the Raven gas field, part of the West Nile Delta project in Egypt. This expansion aims to increase the country's natural gas production and support national energy objectives.
Commonwealth LNG has obtained a conditional non-free trade agreement (non-FTA) export authorization from the U.S. Department of Energy and a draft Supplemental Environmental Impact Statement (SEIS) from the FERC, marking significant progress toward a final investment decision in September 2025.
Commonwealth LNG has obtained a conditional non-free trade agreement (non-FTA) export authorization from the U.S. Department of Energy and a draft Supplemental Environmental Impact Statement (SEIS) from the FERC, marking significant progress toward a final investment decision in September 2025.
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.
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.
Italian oil company Eni plans to continue its exploration activities at the Zohr gas field in Egypt for an additional two years. This decision comes as the site’s production has declined in recent years, impacting the country’s energy supply.
Italian oil company Eni plans to continue its exploration activities at the Zohr gas field in Egypt for an additional two years. This decision comes as the site’s production has declined in recent years, impacting the country’s energy supply.
After a fire in November 2024, the Alrar gas complex in Illizi has resumed part of its operations. Three out of four production trains are now operational, while the rehabilitation of the last one is still underway.
After a fire in November 2024, the Alrar gas complex in Illizi has resumed part of its operations. Three out of four production trains are now operational, while the rehabilitation of the last one is still underway.
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.
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.
The French Energy Regulatory Commission (CRE) has imposed a €12 million fine on Equinor and Danske Commodities for market manipulation during gas transport auctions. Equinor disputes the decision and has announced its intention to appeal.
The French Energy Regulatory Commission (CRE) has imposed a €12 million fine on Equinor and Danske Commodities for market manipulation during gas transport auctions. Equinor disputes the decision and has announced its intention to appeal.
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.
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.
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).
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).
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.
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.
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.
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.
Manuel Valls calls for a debate on banning oil exploitation in Guyana, while Minister of Ecological Transition, Agnès Pannier-Runacher, opposes, emphasizing the consistency of France's environmental commitments.
Manuel Valls calls for a debate on banning oil exploitation in Guyana, while Minister of Ecological Transition, Agnès Pannier-Runacher, opposes, emphasizing the consistency of France's environmental commitments.
TotalEnergies has entered into an agreement with Gujarat State Petroleum Corporation Limited (GSPC) to deliver 400,000 tons of liquefied natural gas (LNG) per year starting in 2026. This ten-year contract strengthens the French group's presence in the Indian energy market.
TotalEnergies has entered into an agreement with Gujarat State Petroleum Corporation Limited (GSPC) to deliver 400,000 tons of liquefied natural gas (LNG) per year starting in 2026. This ten-year contract strengthens the French group's presence in the Indian energy market.
