Brazil’s state-owned producer has initiated production operations from the Maria Quitéria floating production, storage, and offloading (FPSO) unit at the Jubarte field in the Campos Basin's presalt area offshore Brazil.
October 20, 2024
Recent developments in South America's oil and gas sectors, particularly in Guyana, Suriname, Brazil, and Argentina, are poised to significantly impact the global energy landscape.
October 20, 2024
The recent expansion of US sanctions against Iran is poised to significantly affect crude oil flows to China, as well as increase shipping costs.
October 20, 2024
Algeria is set to announce a new oil and gas licensing round aimed at attracting significant foreign investment from major companies like Chevron, Eni, ExxonMobil, and Sinopec.
October 20, 2024
Baker Hughes and Repsol have entered a partnership aimed at advancing artificial intelligence (AI) capabilities through the Leucipa™ automated field production solution.
October 20, 2024
Asian Refiners Face Challenges Ahead Considering Mideast Tensions, Reducing Iranian Oil Exports, and Venezuelan Turmoil.
October 14, 2024
The war premium remained largely intact despite a dip on Tuesday due to short-lived hopes for a ceasefire.
October 14, 2024
The US Energy Information Administration (EIA) has revised its oil price projections downward, reflecting heightened concerns about global demand.
October 12, 2024
The OPEC kingpin has raised the price of its Arab Light crude for Asian buyers by $0.90/b, now set at a premium of $2.20 above the Dubai/Oman benchmark.
October 12, 2024
Recent geopolitical tensions in the Middle East have elevated concerns regarding the stability of crude supply, which could significantly impact the global oil market.
October 12, 2024
