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ConocoPhillips buys Marathon Oil for $22.5 billion, strengthening its position in shale oil and gas despite climatic pressures.
ConocoPhillips buys Marathon Oil for $22.5 billion, strengthening its position in shale oil and gas despite climatic pressures.
Kuwait inaugurates the Al-Zor refinery, increasing its refining capacity to 1.8 million barrels per day.
Kuwait inaugurates the Al-Zor refinery, increasing its refining capacity to 1.8 million barrels per day.
Mohamed Aoun resumes his duties as Libyan Oil Minister after a two-month suspension for a "legal violation".
Mohamed Aoun resumes his duties as Libyan Oil Minister after a two-month suspension for a "legal violation".
PETRONAS discovers oil resources of nearly 400 million barrels in Suriname.
PETRONAS discovers oil resources of nearly 400 million barrels in Suriname.
Subsea7 wins a 50-150 million contract with Serica Energy for the development of the Belinda field in the North Sea, including project management, engineering, procurement, construction and installation.
Subsea7 wins a 50-150 million contract with Serica Energy for the development of the Belinda field in the North Sea, including project management, engineering, procurement, construction and installation.
The new president of Petrobras, Magda Chambriard, announces an acceleration of oil exploration despite environmental tensions, particularly in the Amazon.
The new president of Petrobras, Magda Chambriard, announces an acceleration of oil exploration despite environmental tensions, particularly in the Amazon.
TotalEnergies and Petrobras announce the extension of the Atapu and Sépia oil fields in Brazil, significantly increasing their production capacity.
TotalEnergies and Petrobras announce the extension of the Atapu and Sépia oil fields in Brazil, significantly increasing their production capacity.
Repsol has received a license from the United States to continue its oil operations in Venezuela, despite the US sanctions reactivated in April.
Repsol has received a license from the United States to continue its oil operations in Venezuela, despite the US sanctions reactivated in April.
Kuwait Oil has awarded six drilling contracts to ADES Holding, to compensate for the decline in its old oil fields and expand its production capacity.
Kuwait Oil has awarded six drilling contracts to ADES Holding, to compensate for the decline in its old oil fields and expand its production capacity.
The Iranian government has approved a plan to increase crude oil production to 4 million barrels per day, requiring an investment of $3 billion.
The Iranian government has approved a plan to increase crude oil production to 4 million barrels per day, requiring an investment of $3 billion.
Belgium adopts new quality standards to suspend the export of low-quality fuels to West Africa, bringing its standards into line with those of the European Union. The new standards will limit sulfur content to 50ppm, benzene to 1% and manganese to 2mg/liter.
Belgium adopts new quality standards to suspend the export of low-quality fuels to West Africa, bringing its standards into line with those of the European Union. The new standards will limit sulfur content to 50ppm, benzene to 1% and manganese to 2mg/liter.
TotalEnergies announces the launch of an oil project offshore Angola, targeting production of 70,000 barrels per day by 2028.
TotalEnergies announces the launch of an oil project offshore Angola, targeting production of 70,000 barrels per day by 2028.
The Venezuelan opposition has chosen Edmundo González as its presidential candidate. Despite its growing popularity, this dynamic is unlikely to change US oil sanctions policy in the short term, according to experts.
The Venezuelan opposition has chosen Edmundo González as its presidential candidate. Despite its growing popularity, this dynamic is unlikely to change US oil sanctions policy in the short term, according to experts.
The dissolution of Kuwait's parliament and the suspension of certain constitutional articles by Emir Sheikh Meshal augur an era of stability and dynamism for the country's energy sector, according to analysts.
The dissolution of Kuwait's parliament and the suspension of certain constitutional articles by Emir Sheikh Meshal augur an era of stability and dynamism for the country's energy sector, according to analysts.
The Melun administrative court rejects Eau de Paris' application for interim relief against the extension of an oil well in Seine-et-Marne, deeming the emergency unjustified.
The Melun administrative court rejects Eau de Paris' application for interim relief against the extension of an oil well in Seine-et-Marne, deeming the emergency unjustified.
Bourbon executives deny any involvement in corruption in Nigeria, blaming their local partner.
Bourbon executives deny any involvement in corruption in Nigeria, blaming their local partner.
A US Democratic lawmaker is investigating a possible sale of US energy policy in return for billion-dollar donations to Donald Trump's campaign.
A US Democratic lawmaker is investigating a possible sale of US energy policy in return for billion-dollar donations to Donald Trump's campaign.
The International Energy Agency adjusts its oil demand forecasts for 2024, reflecting a slowdown in Europe and OECD countries.
The International Energy Agency adjusts its oil demand forecasts for 2024, reflecting a slowdown in Europe and OECD countries.
The recent outbreak of forest fires near Fort McMurray, Canada, triggers an emergency evacuation, exposing major economic risks linked to vital oil installations.
The recent outbreak of forest fires near Fort McMurray, Canada, triggers an emergency evacuation, exposing major economic risks linked to vital oil installations.
An Iraqi official confirms Iraq's support for the extension of current OPEC+ quotas, despite the oil minister's initial statements on the refusal of further cuts.
An Iraqi official confirms Iraq's support for the extension of current OPEC+ quotas, despite the oil minister's initial statements on the refusal of further cuts.
OPEC+ oil production is falling, with Russia stepping up cuts despite attacks and compliance challenges that continue to cause tension within the group.
OPEC+ oil production is falling, with Russia stepping up cuts despite attacks and compliance challenges that continue to cause tension within the group.
A Pennsylvania jury orders ExxonMobil to pay $725 million for a case of leukemia linked to benzene exposure.
A Pennsylvania jury orders ExxonMobil to pay $725 million for a case of leukemia linked to benzene exposure.
In Marseilles, eight Bourbon executives are on trial for corruption in Africa, a case that could shake the shipping industry to its core.
In Marseilles, eight Bourbon executives are on trial for corruption in Africa, a case that could shake the shipping industry to its core.
Iraq announces major projects to increase its oil reserves, targeting a potential 160 billion barrels.
Iraq announces major projects to increase its oil reserves, targeting a potential 160 billion barrels.
US crude oil inventories fell slightly last week, while the pace of refinery activity increased and exports rose. The market reacted with slightly higher prices.
US crude oil inventories fell slightly last week, while the pace of refinery activity increased and exports rose. The market reacted with slightly higher prices.
Nigerian oil and gas producer Oando is aiming to double its production following the imminent acquisition of Eni, projecting a ramp-up to 100,000 boe/d by 2029.
Nigerian oil and gas producer Oando is aiming to double its production following the imminent acquisition of Eni, projecting a ramp-up to 100,000 boe/d by 2029.

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