Pemex suppliers face ‘critical moment’ as Mexican oil group’s bills go unpaid
The company owed its providers $25bn at the end of 2024, up from $7.6bn at the end of 2018 Hello…
International
BP profit drops 70% amid pivot back to oil and gas
Britain’s BP said on Tuesday net profit plunged in the first quarter as the struggling energy giant undergoes a major…
Rhino Resources discovers hydrocarbons offshore Namibia
Rhino Resources and partners will perform post drilling analysis following a successful test of a light-oil discovery offshore Orange basin,…
Shell gives up Columbian Gas blocks
Oil giant Shell, opens new tab will pull out of three offshore gas projects in Colombia’s Caribbean, it owns together…
New Rules to Ease Pressure on US Offshore Drilling
The U.S. Interior Department said on Thursday it has implemented new guidelines for allowable pressure differences in a certain type…
Naftogaz’ emergency gas purchase with the help from EBRD and Norway
Naftogaz has secured a 270-million-euro loan from the European Bank for Reconstruction and Development (EBRD) and a 140-million-euro grant from…
Eni makes new oil discovery in Namibia’s Orange basin
Eni has confirmed an oil discovery at the Capricornus 1-X well in the Orange basin offshore Namibia. The drilling took…
Namibia’s oil and gas success hinges on smart policy, partnerships, AEC says
The African Energy Chamber (AEC) is calling for a deliberate and accelerated approach to moving Namibia’s recent oil and gas…
Canada’s oil industry thrives despite Trump’s trade war
Saturn Oil and Gas, Stampede Drilling and Arrow Exploration show robust growth as debate swirls on energy production Canadian oil…
Shell to conduct Venezuela gas field survey ahead of licence expiry
This month, the Trump administration revoked a 2023 licence for Shell and NGC to pursue the Dragon field project. Shell…
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