Oil and Gas
Baker Hughes boosts energy efficiency with Kantori
Kantori unified technology automates well planning and execution through physical modeling and real-time data analysis.
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Oil and Gas
High-impact wells: : Africa will concentrate ~40% of exploratory wells in 2026.
Africa to dominate high-impact wells Africa is set to be the main driver of global exploration in 2026, accounting for around 40% of planned…
Oil and Gas
Fuel production in Mexico puts pressure on U.S. refineries.
Mexico's reduced energy dependence hits U.S. exporters in the face of a gasoline glut without a buyer.
Oil and Gas
Refinadora Valero buys Venezuelan crude from three authorized sellers
Valero Energy has finalized the purchase of Venezuelan crude oil from three U.S.-approved suppliers.
Oil and Gas
ExxonMobil beats fourth quarter 2025 earnings expectations
The company remains committed to its ability to generate value in an uncertain market, while continuing to adjust its operating model to adapt to…
Oil and Gas
Oil prices reach $70 due to U.S. tension. – Iran
Crude oil rises more than 3% as investors discount a higher risk premium in the face of impending instability in the Strait of Hormuz.
Oil and Gas
Petrobras strengthens its strategic position by increasing proven reserves by 2025
The company guarantees 12.5 years of continuous production through the excellent performance of its assets in the Santos Basin.
Oil and Gas
Venezuela approves law allowing commercial autonomy to private oil companies
The regulation grants private operators the power to market crude oil and manage revenues independently, eliminating PDVSA's operating monopoly.
Oil and Gas
BOEM opens process for offshore leasing in California
BOEM analyzes potential areas for new offshore concessions in California under the 2026-2031 energy leasing program.
Oil and Gas
Citgo buys Venezuelan oil again at key moment
A purchase that breaks a trade veto that had lasted since 2019.
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