The expansion of Canada's Trans Mountain pipeline could redefine the flow of crude oil to Asia in the second quarter of 2024, offering new opportunities for arbitrage and source diversification, economic conditions permitting.
The expansion of Canada's Trans Mountain pipeline could redefine the flow of crude oil to Asia in the second quarter of 2024, offering new opportunities for arbitrage and source diversification, economic conditions permitting.
The Norwegian Ocean Industry Authority, Havtil, grants Aker BP permission to drill in the Trell Portiko and Trell Sirloin exploration prospects in the North Sea.
The Norwegian Ocean Industry Authority, Havtil, grants Aker BP permission to drill in the Trell Portiko and Trell Sirloin exploration prospects in the North Sea.
ExxonMobil launches a legal battle against Chevron to defend its interests in Guyana's rich Stabroek field, following a takeover bid from Hess, a key player in the industry.
ExxonMobil launches a legal battle against Chevron to defend its interests in Guyana's rich Stabroek field, following a takeover bid from Hess, a key player in the industry.
The IEA adjusts upwards its oil demand forecasts for 2024 due to the attacks in the Red Sea. Good economic performance in the United States is also contributing to this overall increase in consumption.
The IEA adjusts upwards its oil demand forecasts for 2024 due to the attacks in the Red Sea. Good economic performance in the United States is also contributing to this overall increase in consumption.
The Niger-Benin pipeline, with a capacity of 110,000 b/d, was completed. This significantly increases Niger's oil production, positioning it as a key exporter in the sector.
The Niger-Benin pipeline, with a capacity of 110,000 b/d, was completed. This significantly increases Niger's oil production, positioning it as a key exporter in the sector.
According to OPEC forecasts, global demand for oil should continue to grow significantly in 2024. Mainly driven by China and the air and road transport sectors, this increase raises questions about its impact on the global energy market.
According to OPEC forecasts, global demand for oil should continue to grow significantly in 2024. Mainly driven by China and the air and road transport sectors, this increase raises questions about its impact on the global energy market.
Harbour Energy announces the purchase of Wintershall Dea and strengthens its North Sea oil production, aiming for significant expansion through to 2025.
Harbour Energy announces the purchase of Wintershall Dea and strengthens its North Sea oil production, aiming for significant expansion through to 2025.
As China continues its sustained efforts to develop offshore oil production, a major deposit has been discovered in the South China Sea, estimated at 100 million tonnes.
As China continues its sustained efforts to develop offshore oil production, a major deposit has been discovered in the South China Sea, estimated at 100 million tonnes.
Shell Brasil's launch of the Sepetiba FPSO in the Mero field marks a major step forward in Brazilian oil production, promising high production and increased efficiency.
Shell Brasil's launch of the Sepetiba FPSO in the Mero field marks a major step forward in Brazilian oil production, promising high production and increased efficiency.