Petronas makes oil and gas discovery in Malaysia
By: Inspenet, December 8, 2022. Petronas Carigali, a wholly owned subsidiary of Malaysian energy giant Petronas, has made a new oil and gas discovery…
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OPEC+ maintains oil production levels
By: Inspenet, December 5, 2022. The members of OPEC+ decided yesterday, Sunday, to maintain their oil production levels in a particularly unstable context, the…
US oil industry joins farmers in supporting higher bioethanol blends
By : Inspenet, Nov 30, 2022 A group of organizations linked to the oil industry have joined their agribusiness and biofuels peers for the…
Brent crude traded below $82 for the first time since January
By: Inspenet, November 29, 2022. The price of Brent crude traded below $82 a barrel on Monday for the first time since January 11,…
BP company wins contract to market Guyana oil production
By : Inspenet, Nov 29, 2022 Guyana is home to one of the biggest oil discoveries of the last decade, with around 11 billion…
Argentina will tender 12 oil areas in the province of Mendoza
By: Inspenet, November 29, 2022. The Directorate of Hydrocarbons of the Ministry of Economy and Energy of Mendoza will launch a new bidding model…
Ecuador evaluates increasing oil production to 600,000 bpd in 2025
By: Inspenet, November 24, 2022. Ecuador is looking to potentially attract foreign investment for the key ITT and Sacha oil blocks in a bid…
Brazil produced 3.24 million barrels of oil per day in October
By: Inspenet, November 24, 2022. According to the National Agency for Petroleum, Natural Gas and Biofuels (ANP), in October, 148.7 million m3 per day…
Guyana exports more than 10 million barrels per month
By: Inspenet, November 23, 2022. Guyana has a rapidly growing world supply. Over the past three months, ExxonMobil's Liza projects in the offshore Stabroek…
TotalEnergies prepares offshore oil exploration in South Africa
By: Inspenet, November 23, 2022. TotalEnergies SE plans to explore for oil off the west coast of South Africa. The company is proposing to…