Russia has ordered the Black Sea terminal handling Kazakhstan’s oil exports pumped by U.S. majors Chevron and Exxon Mobil to close two of its three moorings amid a standoff between Kazakhstan and OPEC+ over excess production
U.S. President Donald Trump has notified the partners of Venezuela’s state oil company PDVSA—including Spain’s Repsol—that their permits to export crude oil and derivatives from Venezuela have been canceled
The Argentine state-controlled oil company has acquired four new oil and gas concessions in the massive Vaca Muerta shale formation and plans to invest $12.9 billion for large-scale development
U.S. oil giant Chevron and Anglo-Dutch company Shell will join as partners in the consortium building the Vaca Muerta Sur pipeline, a project that will boost Argentina’s crude oil exports
The Argentine state oil company YPF said it closed 2024 with solid results. Adjusted EBITDA (earnings before taxes) grew by 15%, totaling $4.654 billionc
Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight costs, as new US sanctions on Russian producers and ships curb supplies to Moscow’s top customers
According to a statement sent to the Comisión Nacional de Valores (CNV), the outstanding bonds to be purchased have a principal value of $756.966 million
Major European energy companies doubled down on oil and gas in 2024 to focus on near-term profits, slowing down – and at times reversing – climate commitments in a shift that they are likely to stick with in 2025
The move is expected to go a long way towards helping Eni sift through large amounts of data and discover new oil and gas reservoirs, while also helping with its clean energy and decarbonisation calculations
The agreement, signed in The Hague, Netherlands, establishes that Shell will join the project, with both parties committing to advance the development of the first phase of the Argentina LNG project
