Oil and Gas
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.
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Oil and Gas
OPEC+ extends production cuts to March 2026
OPEC+ extends cuts for the third consecutive month due to low inventories and stable global demand.
Oil and Gas
Equinor sells Vaca Muerta: Vista Energy is the new local giant
Equinor sells US$1.1 billion in Vaca Muerta to Vista. Multinationals bet offshore, locals dominate onshore.
Oil and Gas
OPEC+ seeks to keep oil production unchanged in March 2026
OPEC+ is set to extend the pause in its oil production increase during March. According to the group’s delegates, the decision will be discussed…
Oil and Gas
Empyrean Energy seeks to settle its position in Duyung PSC project following agreement with Conrad
The company will retain the right to receive 8.5% of the consideration paid to WNEL by the majority shareholder, maintaining an indirect exposure to…
Oil and Gas
Chevron bets on Venezuela after exceeding earnings expectations
Chevron reinforces its strategy in Latin America as it consolidates its operational efficiency and seeks to expand its oil operations in Venezuela.
Oil and Gas
Colombia expands natural gas supply and imports from La Guajira
This development is in addition to other initiatives that seek to diversify the sources of natural gas supply in Colombia and reduce risks.
Oil and Gas
Natural gas prices rise on severe cold and external tensions in Europe
Any disruption in this corridor would have a direct impact on natural gas prices in Europe.
Oil and Gas
TotalEnergies and Galp strengthen energy partnership in Namibia
Companies report progress on offshore licenses and confirm key activities from 2026.
Oil and Gas
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.
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