U.S. refineries face Venezuelan crude oversupply
The increase in exports from Venezuela exceeds the purchasing capacity of U.S. refineries and forces the company to seek new markets.
Ruth Arteaga
I am a civil engineer and I work in the writing area. I have a deep passion for civil works. I constantly seek to update myself on new engineering technologies to integrate them into my work, since my main interest is exploring how innovations in the industrial sector can improve and transform the world.
All Ruth Arteaga publications
ESAB incorporates Eddyfi Technologies and strengthens its global industrial dominance
The acquisition of Eddyfi reinforces ESAB's strategy to lead technology transformation in key industrial sectors.
Qatar consolidates its presence in Asia with historic LNG contract with JERA
The agreement positions Qatar as a key partner in securing Japan's energy supply for the next three decades.
Kuwait invites foreign oil companies for offshore fields
KPC is seeking foreign investment and regional alliances to accelerate offshore hydrocarbon exploitation and monetize its pipeline network.
Kobrea detects large-scale hydrothermal breccia in Western Malargüe
Kobrea identifies a 1,250 x 500 meter hydrothermal breccia with evidence of mineralization associated with a deep porphyry system.
Kuwait boosts fuel oil exports after Al-Zour restart
Increased shipments from Al-Zour are putting pressure on VLSFO margins in Asian markets.
Oil prices fall sharply on signs of U.S.-Iran talks
Trump suggests Iran is ready to negotiate, reducing risk in the Middle East and sinking crude oil prices.
OPEC+ extends production cuts to March 2026
OPEC+ extends cuts for the third consecutive month due to low inventories and stable global demand.
TotalEnergies and Galp strengthen energy partnership in Namibia
Companies report progress on offshore licenses and confirm key activities from 2026.
Panamanian court annuls port concession that supported PPC for the past 28 years
The revocation of the contract threatens legal stability and confidence in port investments in Panama.
Brent and WTI maintain values close to US$60 per barrel
The global oversupply of crude oil is keeping prices contained despite tensions between the United States, Iran and Venezuela.
Borr Drilling completes purchase of five premium jack-up rigs
Borr Drilling consolidates the world's youngest drilling fleet after integrating five premium units acquired from Noble Corporation.