At a time of energy transition, and in a context of energy crisis, gas stations seem to be on borrowed time.

Iraq announces new refinery. Located in Kerbala, it should help the country reduce its fuel imports.

Oil prices are falling. Fears of recession are increasingly present, disrupting the oil market.

Following the sanctions against Moscow, the EU is looking for new partners to ensure its oil supply. While Russian crude is popular in China and India, the European market remains important despite the decrease in imports.

In Oman, TotalEnergies has obtained a significant interest in Block 11, which would represent 24,000 barrels per day.

Oil prices are rising, buoyed by fears of an escalation in the war between Russia and Ukraine.

Oil prices are recovering, buoyed by the easing of COVID-19 restrictions in China.

TotalEnergies is selling its interest in the Sarsang oil field in Iraqi Kurdistan, but remains well established in the country.

In Saudi Arabia, Arabian Drilling intends to expand its business to meet the growing demand for oil and gas. The company intends to invest in new drilling rigs.

After an oil spill, Iraq resumes oil exports from the Basrah terminal. As a result, exports have been reduced by 1 million barrels per day. Iraq intends to pump more to compensate for losses.

The current energy crisis is different from the oil crisis of the 1970s. Oil, for example, is less important in the production of electricity.

In Peru, the Norperuano pipeline (ONP) was attacked. The oil leak impacts 6 indigenous Amazonian communities.

Uganda has announced that it is going ahead with the oil megaproject planned by TotalEnergies, despite a European Parliament resolution condemning its "human rights violations" against opponents.

Global refining capacity is declining. It went down in 2020 and again last year. The current context could accentuate this trend.

According to Maduro, Venezuela "is ready" to "supply the world market" with oil and gas. He is asking for a price of $100/bbl.

OPEC is maintaining its forecast for global oil demand growth, despite fears of a recession.

Oil prices are rising. They are driven by fears of a recession and supply concerns.

Demand for oil is exploding while soaring gas prices are pushing players to switch fuels. It is expected to increase by 80% over the next six months.

Repsol wants to sell its oil assets in Alberta to Teine Energy. The transaction would allow him to invest in other areas.

The Kazakh Ural, renamed KEBCO in June, is finding favour with European refiners in the Mediterranean.

OPEC+ Members entrust the President with the task of bringing Members together in case of emergency to respond to market fluctuations.

Faced with fears of a recession, OPEC+ decides to reduce its oil production. It returns to the August quotas.

The Singaporean tanker Affinity V was refloated after briefly running aground in the Suez Canal in Egypt.

NNPC, Nigeria's national oil company, has a security contract with the company of former militant Tompolo. Nigeria is currently facing oil theft, which is partly responsible for the decrease in exports.