Admiral, a petrochemical plant project in Saudi Arabia, is the subject of a final investment decision by TotalEnergies and Aramco.

Turkey has announced the end of the crisis in the transportation of Russian crude oil linked to the price cap, which was causing tankers to be jammed.

Opec has maintained its oil demand growth forecast for 2022 and 2023, despite the slowdown in China.

HH BHD (Huang Hua BHD Petroleum Equipment Manufacturing Co. Ltd.) was awarded a $0.57 million contract for the supply of equipment.

SOCAR, the Azerbaijani state oil company, is stopping its purchases of Russian crude oil for its Turkish refinery.

Shell and Exxon are facing delays in abandoning an oil field in California due to pending approvals.

The entry into force of the European embargo on Russian oil and the levelling off of the price of Russian crude oil are disrupting the maritime transport of black gold, already slowed down by new formalities linked to the insurance of tankers.

Oil tankers that want to use the Turkish-controlled straits, the Bosphorus and the Dardanelles, must now prove that they are insured, Turkish officials announced Wednesday.

Equinor has submitted the Verdande ODP to the Ministry of Petroleum and Energy. This project aims to ensure higher oil production.

Africa Oil was appealing the corporate income tax and VAT assessments of the Kenya Revenue Authority.

Hina Nagarajan joins BP's board of directors as a non-executive director.

The Argentinean justice has given the green light to an offshore oil exploration in three areas near Mar del Plata.

Russia said it has "no doubt" that it will find new countries to buy its oil in the coming months.

Búzios, an oil field in the Santos Basin in Brazil, has seen a CNOOC subsidiary increase its stake by 5%.

To protect Pemex, the Mexican Ministry of Energy has tried to block the implementation of stricter flaring rules.

Venezuela will not benefit from the investments of the American oil company Chevron, according to its CEO.

Russian oil giant Lukoil is in negotiations to sell its Priolo refinery in Sicily by the end of the year.

Oil prices are rising Monday in the wake of an Opec+ meeting that maintained its current strategy.

The price of oil sold by Russia to Western countries will be capped at $60 per barrel from the next few days.

The Opec+ black gold producing countries have left their production quotas unchanged in a very uncertain climate.

Nanjing Recon awarded two-year contract to maintain and operate an oil and gas production plant in China.

Aramco announces the completion of three landmark transactions with Polish refiner and fuel distributor PKN ORLEN.

Petro-Victory signs concession agreements for the acquisition of nineteen blocks in Brazil.

The Opec+ meets in a context marked by the fall in oil prices and the entry into force of new sanctions against Russia.

Surge Energy US Holdings Company announces that it contributes over $7 billion to the Texas economy.