Iran's total oil production has reached 3.25 million barrels per day (mbbl/d), increasing 50,000 barrels per day (bbl/d) in April 2024, compared to the previous month, according to the International Energy Agency's monthly report on global oil production.
Russia could deliver oil as well as gas to China along a planned route via Mongolia, President Vladimir Putin said in a recent statement.
TotalEnergies has signed supply deal of crude oil, marking the first deal with Dangote Refinery, TotalEnergies CEO Patrick Pouyanne announced during a meeting with Africa Africa's richest man, Aliko Dangote.
Saipem has secured a new offshore contract from Azule Energy Angola S.p.A. for the development of the Ndungu Field in Angola.
International Finance Corporation (IFC) and the Italian Climate Fund have invested $210 million in Eni S.p.A.’s Kenya subsidiary to support the expansion of advanced biofuel production and processing, contributing to the decarbonization of the global transport industry and the livelihoods of up to 200,000 small-scale Kenyan oilseed farmers.
Aramco has signed three Memorandum of with three American companies for advancing the development of lower-carbon energy solutions.
US drillers have added oil and gas rigs for the first time in four weeks, according to the latest report from energy services firm Baker Hughes.
The EU's fourth-quarter 2023 greenhouse gas (GHG) emissions fell 4.0% year-on-year to 897 million tons of CO2-equivalent, compared to 935 million tons of CO2-eq in Q4 2022. Meanwhile, GDP remained stable with a modest 0.2% increase compared to the same period in 2022.
Qatar is gearing up to signing more long-term natural gas supply deals in 2024 in order to meet growing global demand, Qatari Energy Minister Saad al-Kaabi stated, according to Al Monitor.
Equinor has announced the implantation of extensive swaps of ownership interests with Norwegian state-owned company Petro, ensuring higher value creation and more efficient resource management in the companies’ activities on the Halten Bank in the Norwegian Sea.
