Syria expects to award oil and gas exploration licenses to major international oil firms as it looks to tap its estimated huge reserves, the chief executive of the state-owned Syrian Petroleum Company told the Financial Times in remarks published on Wednesday.
TGS has launched a multi-client 2D seismic survey over Angola’s ultra-deepwater acreage, the company announced on Wednesday.
MOL Group is expanding its international upstream portfolio with a new offshore exploration position in Libya, after securing an exploration block in the Mediterranean through a joint venture with Repsol and Türkiye Petrolleri A.O. (TPAO).
Chevron has entered Libya’s upstream sector after winning a block in the country’s 2025 licensing round and signing a co-operation deal with the National Oil Corporation, the company said on Wednesday.
Eni has secured a new offshore exploration licence in Libya as operator of a consortium with QatarEnergy, the company said on Monday.
China’s LNG imports are set to rebound this year, rising by between 3% and 10% from 2025, driven by lower prices that are expected with the new supply wave, analysts have told Reuters.
Germany’s uneasy energy truce with Washington is starting to fray, and the pressure point is a single refinery that keeps Berlin moving.
French supermajor TotalEnergies has taken full control of a refinery in Zeeland, the Netherlands, which it co-owned with Russia’s Lukoil, Reuters has reported, citing two unnamed sources.
The Indian Coast Guard seized three tankers that it said were involved in oil smuggling, the first sign of the country getting tough on the so-called dark fleet.
The American Petroleum Institute (API) estimated that crude oil inventories in the United States increased by a whopping 13.4 million barrels in the week ending February 6, and more than offsetting the prior week’s draw of 11.1 million barrels.