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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Oil and Gas
Citgo will continue to be protected by the U.S. in the face of creditor claims until March
Citgo will be able to continue operating without risk of seizure while the U.S. government analyzes the future of its ownership.
Oil and Gas
Equatorial Guinea and Chevron strengthen Aseng Gas project
The agreement lays the groundwork for the consolidation of the ambitious Mega Gas Hub project in the region.
Oil and Gas
Russian gas demand picks up momentum in Europe through Turkstream corridor
The closure of the Ukrainian route and geopolitical tensions lowered total shipments to about 18 bcm for the full year.
Oil and Gas
Devon Energy and Coterra Energy announce merger to lead the shale gas market
The scheme seeks to ensure strategic continuity and an orderly transition to a new stage of consolidation in the shale gas sector.
Oil and Gas
Natural gas prices fall 20% on mild weather forecast
February is expected to be warmer in the United States, triggering a plunge in natural gas prices after weeks of strong volatility.
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.
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…
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