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ADNOC increases oil production capacity to 4.85 million b/d
ADNOC recently increased its crude oil production capacity to 4.85 million barrels per day, making significant progress towards its target of 5 million barrels by 2027. This expansion comes at a time when the company is seeking to maximize its hydrocarbon resources in the face of increased market competition and the constraints of OPEC+ quotas.
ADNOC vers 5 millions de barils en 2027
ADNOC increases oil production capacity to 4.85 million b/d
ADNOC recently increased its crude oil production capacity to 4.85 million barrels per day, making significant progress towards its target of 5 million barrels by 2027. This expansion comes at a time when the company is seeking to maximize its hydrocarbon resources in the face of increased market competition and the constraints of OPEC+ quotas.
ADNOC vers 5 millions de barils en 2027
Rising demand for 6th and 7th generation offshore platforms
The offshore drilling industry is experiencing strong demand for its 6th and 7th generation platforms, despite a slight drop in new contracts signed.
Pedunculo-Petrole-Plateforme
Rising demand for 6th and 7th generation offshore platforms
The offshore drilling industry is experiencing strong demand for its 6th and 7th generation platforms, despite a slight drop in new contracts signed.
Pedunculo-Petrole-Plateforme
Iraq: delicate adjustment of oil exports
Iraq's crude oil exports fell slightly in April, reflecting pressure to meet OPEC+ quotas.
Exportations Pétrolières Irak Réajustées
Iraq: delicate adjustment of oil exports
Iraq's crude oil exports fell slightly in April, reflecting pressure to meet OPEC+ quotas.
Exportations Pétrolières Irak Réajustées
Angola leaves OPEC and increases oil production
Angola, having withdrawn from OPEC, is raising renewed hopes in Asia thanks to its increased oil production, offering greater flexibility in regional supply.
Angola quitte OPEP augmente production
Angola leaves OPEC and increases oil production
Angola, having withdrawn from OPEC, is raising renewed hopes in Asia thanks to its increased oil production, offering greater flexibility in regional supply.
Angola quitte OPEP augmente production
ConocoPhillips optimizes Permian Basin oil development for 2024
ConocoPhillips forecasts stable activity in the Permian Basin for 2024, while anticipating occasional production increases thanks to new projects.
Optimisation extraction Bassin Permien
ConocoPhillips optimizes Permian Basin oil development for 2024
ConocoPhillips forecasts stable activity in the Permian Basin for 2024, while anticipating occasional production increases thanks to new projects.
Optimisation extraction Bassin Permien
Paris City Council opposes oil drilling project in Seine-et-Marne
Paris City Council is contesting a state-approved oil drilling project in Seine-et-Marne, which it claims would threaten the city's drinking water sources.
Mairie Paris opposition forage pétrolier
Paris City Council opposes oil drilling project in Seine-et-Marne
Paris City Council is contesting a state-approved oil drilling project in Seine-et-Marne, which it claims would threaten the city's drinking water sources.
Mairie Paris opposition forage pétrolier
Iraq and Kazakhstan cut oil production
In line with OPEC+ guidelines, Iraq and Kazakhstan rectify their oil overproduction.
Réduction pétrole Opep
Iraq and Kazakhstan cut oil production
In line with OPEC+ guidelines, Iraq and Kazakhstan rectify their oil overproduction.
Réduction pétrole Opep
Maurel & Prom obtains US license to operate in Venezuela
The United States has granted Maurel & Prom an exceptional license, enabling the French oil company to maintain its operations in Venezuela despite the sanctions.
Licence US Maurel & Prom Venezuela
Maurel & Prom obtains US license to operate in Venezuela
The United States has granted Maurel & Prom an exceptional license, enabling the French oil company to maintain its operations in Venezuela despite the sanctions.
Licence US Maurel & Prom Venezuela
FTC gives green light to ExxonMobil’s acquisition of Pioneer
The FTC approved ExxonMobil's acquisition of Pioneer Natural Resources, but stipulated that Scott Sheffield, ex-CEO of Pioneer, would not join ExxonMobil's board of directors. This condition underlines the regulatory complications in a fast-changing energy market.
FTC Conditionne Rachat Exxon-Pioneer
FTC gives green light to ExxonMobil’s acquisition of Pioneer
The FTC approved ExxonMobil's acquisition of Pioneer Natural Resources, but stipulated that Scott Sheffield, ex-CEO of Pioneer, would not join ExxonMobil's board of directors. This condition underlines the regulatory complications in a fast-changing energy market.
FTC Conditionne Rachat Exxon-Pioneer
Investigation opened into Orlen’s alleged links with Hezbollah
The Polish National Prosecutor's Office has launched an investigation into the Orlen oil group, following allegations of an executive's links with Hezbollah and massive financial losses.
enquête liens Orlen Hezbollah
Investigation opened into Orlen’s alleged links with Hezbollah
The Polish National Prosecutor's Office has launched an investigation into the Orlen oil group, following allegations of an executive's links with Hezbollah and massive financial losses.
enquête liens Orlen Hezbollah
Saudi Aramco and the energy transition: a southern vision
Saudi Aramco CEO Amin Nasser stresses the crucial role of the global South in future hydrocarbon demand, and calls for balanced investment between renewables and fossil fuels.
Amin Nasser, PDG de Saudi Aramco, appelle à un équilibre des investissements des hydrocarbures en soutient la transition énergétique mondiale
Saudi Aramco and the energy transition: a southern vision
Saudi Aramco CEO Amin Nasser stresses the crucial role of the global South in future hydrocarbon demand, and calls for balanced investment between renewables and fossil fuels.
Amin Nasser, PDG de Saudi Aramco, appelle à un équilibre des investissements des hydrocarbures en soutient la transition énergétique mondiale
United States: sharp rise in weekly crude oil inventories
U.S. commercial crude oil inventories rose unexpectedly last week, following an almost equivalent decline the week before, according to the U.S. Energy Information Agency (EIA).
Hausse stocks pétrole brut USA
United States: sharp rise in weekly crude oil inventories
U.S. commercial crude oil inventories rose unexpectedly last week, following an almost equivalent decline the week before, according to the U.S. Energy Information Agency (EIA).
Hausse stocks pétrole brut USA
Trans Mountain, Canada’s controversial new oil pipeline, goes into service
The Trans Mountain pipeline, which will significantly increase Canada's oil transport capacity, is finally operational, sparking debate and controversy.
Pipeline Trans Moutain mise en service
Trans Mountain, Canada’s controversial new oil pipeline, goes into service
The Trans Mountain pipeline, which will significantly increase Canada's oil transport capacity, is finally operational, sparking debate and controversy.
Pipeline Trans Moutain mise en service
Petrofac: Sharp fall on the London stock exchange
Petrofac plummets in London, announcing a delay and suspension of trading.
Petrofac chute bourse
Petrofac: Sharp fall on the London stock exchange
Petrofac plummets in London, announcing a delay and suspension of trading.
Petrofac chute bourse
TotalEnergies reorganizes its oil interests in Congo
TotalEnergies EP Congo, an 85%-owned subsidiary of TotalEnergies, recently modified its shareholding structure in several oil licenses, involving exchanges with Trident Energy.
Réorganisation pétrolière TotalEnergies Congo
TotalEnergies reorganizes its oil interests in Congo
TotalEnergies EP Congo, an 85%-owned subsidiary of TotalEnergies, recently modified its shareholding structure in several oil licenses, involving exchanges with Trident Energy.
Réorganisation pétrolière TotalEnergies Congo
Baker Hughes sees growing opportunities for the oil market
Baker Hughes CEO Lorenzo Simonelli presented a balanced view of the global oil market on the first-quarter earnings call, noting rising international activity offset by a slowdown in North America and the US gas basins.
Opportunités marché mondial pétrole
Baker Hughes sees growing opportunities for the oil market
Baker Hughes CEO Lorenzo Simonelli presented a balanced view of the global oil market on the first-quarter earnings call, noting rising international activity offset by a slowdown in North America and the US gas basins.
Opportunités marché mondial pétrole
United States: Subsea7 awarded contract for Sunspear oil project
Subsea7 awarded contract to develop the Sunspear oil field in the Gulf of Mexico.
Subsea7 Golfe du Mexique
United States: Subsea7 awarded contract for Sunspear oil project
Subsea7 awarded contract to develop the Sunspear oil field in the Gulf of Mexico.
Subsea7 Golfe du Mexique
Chinese exports of petroleum products up sharply
In March, China saw its exports of clean petroleum products rise sharply, reaching a 14-month high after the Lunar New Year vacation.
exportations pétrolières Chine
Chinese exports of petroleum products up sharply
In March, China saw its exports of clean petroleum products rise sharply, reaching a 14-month high after the Lunar New Year vacation.
exportations pétrolières Chine
China: Towards market domination of Venezuelan crude?
China could dominate Venezuelan oil purchases as India gradually withdraws, spurred on by new US sanctions.
Chine pétrole Venezuela sanctions US
China: Towards market domination of Venezuelan crude?
China could dominate Venezuelan oil purchases as India gradually withdraws, spurred on by new US sanctions.
Chine pétrole Venezuela sanctions US
Senegal: Risky renegotiation of hydrocarbon contracts
Senegal's new government plans to renegotiate hydrocarbon contracts to better serve its population, a risky gamble.
Sénégal contrats hydrocarbures
Senegal: Risky renegotiation of hydrocarbon contracts
Senegal's new government plans to renegotiate hydrocarbon contracts to better serve its population, a risky gamble.
Sénégal contrats hydrocarbures
Galp Energia takes off on the stock market after a discovery in Namibia
Galp Energia experiences a spectacular rise on the stock market following the announcement of a major oil discovery in Namibia.
Galp Energia Bourse de Lisbonne
Galp Energia takes off on the stock market after a discovery in Namibia
Galp Energia experiences a spectacular rise on the stock market following the announcement of a major oil discovery in Namibia.
Galp Energia Bourse de Lisbonne
Tensions in the Middle East: Stable oil supplies in Asia
Asian refiners are assessing the impact of tensions in the Middle East on freight and marine insurance costs, without fearing for the security of crude oil supplies.
Iran Israël impact pétrole asiatique
Tensions in the Middle East: Stable oil supplies in Asia
Asian refiners are assessing the impact of tensions in the Middle East on freight and marine insurance costs, without fearing for the security of crude oil supplies.
Iran Israël impact pétrole asiatique
United States: Crude oil inventories rise again
A surprising rise in US oil inventories reveals major statistical adjustments and market fluctuations.
Stocks brut USA avril
United States: Crude oil inventories rise again
A surprising rise in US oil inventories reveals major statistical adjustments and market fluctuations.
Stocks brut USA avril
Russian oil exports plummet in face of drone attacks
Exports of Russian oil products plummeted, impacted by Ukrainian drone attacks and flooding, reaching a post-pandemic low.
Chute exportations pétrole russe
Russian oil exports plummet in face of drone attacks
Exports of Russian oil products plummeted, impacted by Ukrainian drone attacks and flooding, reaching a post-pandemic low.
Chute exportations pétrole russe
BP launches production on the new ACE platform in the Caspian Sea
BP has started production on the new Azeri Central East platform in the ACG field in Azerbaijan, aiming for significant production by the end of 2024.
Plateforme ACE BP Azerbaïdjan
BP launches production on the new ACE platform in the Caspian Sea
BP has started production on the new Azeri Central East platform in the ACG field in Azerbaijan, aiming for significant production by the end of 2024.
Plateforme ACE BP Azerbaïdjan
Israel/Iran: why don’t oil prices soar?
Despite recent tensions between Iran and Israel, oil prices remain stable, surprising analysts and markets alike.
Iran Israël cours pétrole
Israel/Iran: why don’t oil prices soar?
Despite recent tensions between Iran and Israel, oil prices remain stable, surprising analysts and markets alike.
Iran Israël cours pétrole

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