South America3 months agoRepsol Returns to Venezuela With Ambitious Production Growth PlanSpain’s Repsol will return to Venezuela after it signed a new deal with the Venezuelan government, with plans to increase…
Europe3 months agoNorway’s Oil Export Earnings Surge 68% Amid Iran WarNorway’s crude oil export earnings surged 67.9% year-on-year in March to a record 57.4 billion kroner ($6.1 billion), primarily driven…
North America3 months agoOil Prices Steady as Traders Balance Diplomatic Progress With Physical ShortagesOil prices were flat in early Asian trade on Thursday as tentative signs of diplomatic progress between Washington and Tehran…
Middle East3 months agoIran Showing Signs of Capitulating Over Strait Of HormuzIran may halt its own oil shipments through the Strait of Hormuz for several days. Tehran is weighing a short-term…
Middle East3 months agoKuwait’s HEISCO reports formal award of $565mln KOC flowlines contractKuwait’s Heavy Engineering Industries & Shipbuilding Co. K.S.C (HEISCO) announced on Sunday that it has received a formal contract award…
Asia3 months agoSouth Korea says secures 273 million barrels of crude via routes outside Strait of HormuzSEOUL, April 15 : South Korea has secured 273 million barrels of crude oil from the Middle East and Kazakhstan…
Europe3 months agoRachel Reeves’ oil and gas windfall tax is blocking £17.5bn investment in North Sea, firms warnRachel Reeves has been accused of blocking £17.5billion of investment in North Sea oil and gas after shelving proposals to…
South America3 months agoPetrobras confirms hydrocarbon discovery in deepwater Campos basinPetrobras has confirmed a hydrocarbon discovery in the pre-salt section of the Campos basin, following drilling of an exploratory well…
Middle East3 months agoSaudi East–West crude pipeline back to full capacitySaudi Arabia has restored full pumping capacity on the 7mn b/d East–West crude pipeline and recovered production capacity lost at…
Africa4 months agobp to acquire 60% stake in Eco Atlantic’s Namibia offshore exploration blocksEco (Atlantic) Oil & Gas has signed an agreement to farm down a 60% participating interest in its offshore Namibia…
