Oil and Gas
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.
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Oil and Gas
USA oil production reopens in Venezuela
Washington will allow companies to operate Venezuelan oil fields under supervised financial control following the capture of former President Nicolás Maduro.
Oil and Gas
Marathon Petroleum boosts earnings after applying stronger refining margins
The increase in refining margins strengthened the quarterly results and the positive market reaction.
Oil and Gas
Delfin LNG pipeline explosion mobilizes authorities in Louisiana
A leak and fire on a gas line operated by Delfin LNG in Cameron Parish revives concerns about energy security in the region.
Oil and Gas
Kuwait: TotalEnergies and Kuwait Oil Company sign a technical cooperation agreement
TotalEnergies and Kuwait Oil Company (KOC) sign Memorandum of Understanding
Oil and Gas
Aramco completes $4 billion bond issue
The transaction was priced on January 26, 2026 and the bonds were listed on the London Stock Exchange.
Oil and Gas
Shell sells 20% of its Orca project to KUFPEC in deepwater Brazil
Orca's planning is taking place in the deep waters of the Brazilian pre-salt, an area that concentrates some of the largest offshore resources in…
Oil and Gas
BP faces pressure from investors over its oil and gas investment strategy
The proposal requests that BP demonstrate in detail how it applies rigorous capital discipline to each new energy project.
Oil and Gas
Penspen delivers record year with $500m in contract awards in 2025 – up 120% year-on-year
Chief Executive Officer, Peter O’Sullivan: “2025 stands out as one of the strongest commercial and delivery years in Penspen’s history.”
Oil and Gas
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.
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