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Oil and Gas

Chevron and HELLENiQ ENERGY sign offshore exploration agreements in Greece

Joshua Falcón · February 19, 2026

The contract stipulates that the consortium must execute two- and three-dimensional seismic acquisition programs during the initial stage of the lease.

Oil and Gas

Kazakhstan announces construction of new oil and petroleum refinery by 2033

Joshua Falcón · February 19, 2026

The development of this project represents a paradigm shift in the economic dynamics of the Kazakh extractive sector.

Oil and Gas

Nigeria loses $1.31 billion due to oil production shortfall

Joshua Falcón · February 19, 2026

Non-compliance with OPEC quotas generates a deficit of 18.12 million barrels, affecting the country's fiscal stability.

Oil and Gas

TPAO presents its strategy for the exploration of the Khan Tervel block in Bulgaria

Joshua Falcón · February 19, 2026

This collaboration strengthens the position of the Black Sea basin as a hub for the supply of natural resources in the European environment.

Oil and Gas

Santos cuts 10% of its workforce and reduces operating costs

José López · February 19, 2026

Unit production cost at US$6.78/boe, the lowest level in a decade.

Oil and Gas

Oil price rises nearly 4% on tensions between Russia, Ukraine and Iran

Simón González · February 19, 2026

Geopolitical uncertainty between Moscow, Kiev and Tehran is driving international crude oil prices higher.

Oil and Gas

Eni, YPF and XRG boost Argentina’s gas export potential

Joshua Falcón · February 18, 2026

Technical and financial cooperation will enable the gas and liquefaction complex to generate sustainable economic benefits and skilled jobs in the region.

Oil and Gas

India plans to use gas at peak hours to support power grid

Ruth Arteaga · February 18, 2026

India plans to activate gas plants at night as a key backup to the intermittent growth of renewable energies.

Oil and Gas

Venezuelan oil to generate US$5 billion in revenues in the coming months

Simón González · February 18, 2026

It is estimated that Venezuelan crude oil sales will reach historic figures in 2026, while energy agreements and reforms are being accelerated.

Oil and Gas

Reliance receives green light from U.S. to import Venezuelan oil

Simón González · February 18, 2026

The company will be able to resume its direct purchases of Venezuelan crude oil thanks to a new U.S. license, in a context of…

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