Ecuador’s government will allow private companies to import and sell some fuels for industrial and commercial use, ending a monopoly state-owned Petroecuador had in the sector, the energy ministry said

Venezuela’s state-run PDVSA is preparing to recover a portion of the oil output lost in recent months by boosting crude blending operations at its main producing region, the Orinoco Belt

State oil company Saudi Aramco has discovered two new oil and gas fields in the northern regions, the kingdom’s energy minister said

The move will provide partial relief to widespread fuel shortages in the once-prosperous OPEC nation, whose 1.3 million- bpd refining network is mostly halted because of years of underinvestment and lack of maintenance

The seventeenth round of bidding was scheduled to take place in November this year, while the eighteenth round was slated for 2021

The Trump administration finalized a plan to allow oil and gas drilling in Alaska’s Arctic National Wildlife Refuge, putting it on track to issue decades-long leases in the pristine wilderness area before a potential change in US leadership

BP is preparing to sell a large chunk of its oil and gas assets even if crude prices bounce back from the COVID-19 crash because it wants to invest more in renewable energy

Mexico’s oil regulator said the country’s total proven oil reserves as of Jan. 1 stood at 8.062 billion barrels of oil equivalent (boe), up 2.1% from a year earlier

The government will auction up to 136 new oil exploration blocks in a major licensing round, with 125 of those in the Arctic Barents Sea, a relatively unspoiled corner of the planet

During the second day of the XXIX edition of La Jolla Energy Conference 2020, the head of Integra Capital, José Luis Manzano, analyzed the current outlook of the energy industry in Argentina and highlighted the importance of Vaca Muerta