Failure at Petroecuador terminal caused oil spill
Inspenet, July 21, 2023. Last Wednesday, the state company Petroecuador reported that at 4:30 am (local time) there was a failure in the relief…
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Guyana will be the fourth largest oil producer in the world
Inspenet, July 19, 2023. A new report from the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) projects that by 2035…
Russia to overtake Saudi Arabia as oil producer
Inspenet, July 18, 2023. According to the forecasts of the International Energy Agency (IEA), Russia will surpass Saudi Arabia as the main oil producer…
OPEC optimistic about oil demand in 2024
Inspenet, July 16, 2023. OPEC is likely to have a more conservative projection for oil demand growth in 2024 compared to growth expectations for…
The world cannot and will not live without oil according to OPEC
Inspenet, July 15, 2023. The current president of OPEC, Antonio Oburu Ondo, declared last Wednesday in Vienna that "the world cannot live without oil"…
TotalEnergies Unveils Major Oil and Gas Find in Nigeria!
Inspenet, June 15, 2023 TotalEnergies announces the Ntokon oil and gas discovery at OML102, located in shallow water 60 kilometers off the southeast coast…
OMV Petrom discovers large oil and natural gas fields in Romania
Inspenet, June 13, 2023 OMV Petrom, the largest integrated energy company in Southeast Europe, announces the discovery of new crude oil and natural gas…
Strategic alliance: Dominican Republic and Guyana come together to build an oil refinery
Inspenet, June 2, 2023 The governments of the Dominican Republic and Guyana signed a Memorandum of Understanding in which they establish cooperation in petroleum…
Record flow of foreign currency in Colombia! Oil and mining generate millionaire income
Inspenet, May 31, 2023 The mining-energy sector and the oil industry drove a historic increase in the flow of foreign currency from abroad during…
Aker BP Discovers Major Oil Reserve Near Yggdrasil
Aker BP’s discovery near Yggdrasil marks a key milestone in North Sea oil exploration, expanding production potential and energy supply.