Brazil’s oil regulator has set June 17 as the date for a major auction of offshore drilling rights, including highly contested blocks in the environmentally sensitive Foz do Amazonas region—despite…
ExxonMobil
ExxonMobil is a multinational oil and gas corporation, one of the world’s largest publicly traded companies. It explores, produces, and refines petroleum products, while also investing in renewable energy sources. The company operates globally in energy markets.
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China is tightening its grip on Iraq’s oil and gas sector, with the latest strategic contract reinforcing its growing dominance. The Iraq Oil Ministry’s renewed commitment to raising national crude…
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Diesel fuel plays a critical role in our economy. It powers trucks, buses, construction equipment, and even some cars. Without diesel, transportation and industry would come to a halt. Because…
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Fuel supply is an essential element of the global energy market, providing the necessary resources for industries, transportation, and power generation worldwide. Fuel suppliers ensure the availability of crude oil,…
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The Nigerian National Petroleum Corporation (NNPC) plays a pivotal role in Nigeria’s oil and gas sector, making it one of the largest state-owned companies in Africa. Founded in 1977, the…
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ExxonMobil has officially withdrawn its application to store carbon dioxide (CO2) beneath the seabed of the Bass Strait, although it remains committed to advancing its carbon capture and storage (CCS)…
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In a significant move, the government of Guyana has officially revoked the oil prospecting license for the Frontera-CGX joint venture, effectively ending their operations on the Corentyne block. This decision…
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Qatar Petroleum (QP) stands as one of the most influential players in the global energy sector. Established in 1974, QP has grown from a national oil company to a global…
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The Kremlin has signaled its openness to the return of American oil companies, suggesting that a shift in political dynamics could pave the way for renewed partnerships. Kirill Dmitriev, head…
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Liquefied Natural Gas (LNG) is an essential element of the global energy landscape, enabling the transport and utilization of natural gas across vast distances. As global energy demand grows, LNG…
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Ahead of his second term, President Donald Trump revived the iconic “Drill, Baby, Drill” slogan, reiterating his commitment to expanding domestic oil production in a bid to enhance energy independence,…
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Oil prices continued their downward trend for a second consecutive day on Tuesday, with analysts linking the drop to the implications of former President Trump’s “Drill, Baby, Drill” policies on…
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Seplat Energy, a prominent Nigerian oil company listed on the London Stock Exchange, has announced plans to significantly ramp up its production capacity to 120,000 barrels per day within the…