QatarEnergy Secures Seven Offshore Exploration Blocks in Brazil’s Ceará Basin
QatarEnergy clinches seven offshore blocks in Brazil's Ceará Basin, marking a strategic expansion that could reshape the South American oil landscape.
Iraq says it transported 2 million barrels of crude through Strait of Hormuz
Iraq's state-owned Oil Tanker Company transported 2 million barrels of Iraqi crude aboard a very large crude carrier (VLCC) through the Strait of Hormuz
US, Venezuela reach deal covering 65 billion bbl of oil reserves
The agreement grants the US majority control over roughly a fifth of Venezuela's total proved oil reserves
The Zambezi River Authority on powering Zambia’s three million tonne copper ambition
The Zambezi River Authority reveals its strategy to power Zambia’s bold three‑million‑tonne copper plan, tackling energy gaps, infrastructure hurdles and growth opportunities.
QatarEnergy NFE LNG Train 1 to start 1H 2027; Ras Laffan repairs to take 3 years
The NFE and NFS projects are part of the overall North Field expansion program that also includes the North Field West project, which together will raise Qatar’s LNG production capacity to 142 million tpy from the current 77 million tpy.
Minister of State for Energy Affairs: LNG Cannot be Transported via Pipelines
QatarEnergy’s Minister of State for Energy Affairs explains why LNG can’t travel through pipelines, the economic impact of redundant facilities, and the broader implications for global gas markets.
Petrobras takes control of eight Côte d’Ivoire oil blocks in major African expansion
Brazilian state-owned oil giant Petrobras has secured 90% operating stakes in eight offshore exploration blocks in Côte d’Ivoire, deepening its expansion into Africa as it searches for new oil and gas reserves.
Qatar Economic Forum heads to New York as global trade, energy and investment face new risks
The Qatar Economic Forum heads to New York for a high‑profile edition alongside UNGA 81, gathering world leaders to dissect trade, energy, AI, capital flows and rising geopolitical risks.
OMV confirms viability of Essar discovery in Libya
OMV has validated the commercial potential of the Essar discovery in Libya's Sirte basin, estimating recoverable resources up to 45 million barrels of oil.
Eni lets well construction contract for Cronos offshore gas project in Cyprus
Eni has awarded Halliburton a comprehensive contract to support the Cronos ultra-deepwater project in Cyprus, enhancing drilling, automation, and well construction for efficient development of the gas field.
Saudi Arabia’s crude output falls to lowest level since 1990 - report
Brent crude futures climbed above $100 per barrel this week as oil tankers faced renewed attacks in the Persian Gulf.
IOC, BPCL & HPCL likely to post 1.514 billion USD in Q2 Profit
Driven by strong refining and marketing margins, state-run oil refiners IOC, BPCL, and HPCL are set to reverse previous losses with a projected combined profit of 1.514 billion USD in Q2.
