Venezuela’s state-owned oil company, Petróleos de Venezuela S.A. (PDVSA), has signed at least nine new contracts with foreign service providers — including two Chinese firms — in a bid to…
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Chevron is a multinational corporation in the energy sector, primarily engaged in oil and gas exploration, production, refining, and marketing. It operates globally, providing energy products and services, while also investing in renewable energy and sustainable technologies.
Venezuela’s state-owned oil company, Petróleos de Venezuela S.A. (PDVSA), has signed at least nine new contracts with foreign service providers — including two Chinese firms — in a bid to…
In recent years, BP has been beset by a succession of crises that have severely eroded its reputation as a leading global oil company. Once regarded as a stalwart within…
A high-stakes arbitration panel in London has commenced hearings this week to resolve a fierce dispute between U.S. oil giants ExxonMobil and Chevron over control of a highly profitable offshore…
U.S. energy executives forecast a substantial rise in offshore oil production under a potential second Trump administration, driven by streamlined permitting, sustained investments, and advancing technology. According to estimates from…
As Egypt braces for sweltering summer temperatures exceeding 40°C, the nation is once again confronting a resurgence of natural gas shortages, threatening to destabilize its already strained electricity grid. With…
More than $1 billion worth of Venezuelan oil has been sold to China under the guise of Brazilian origin over the past 10 months, according to a Reuters investigation that…
Diesel fuel is the heart of heavy-duty transportation. From long-haul trucks on highways to powerful pickup trucks on job sites, diesel keeps things moving. But not all diesel fuels are…
Diesel fuel is essential for trucks, buses, and many other vehicles. The quality of diesel fuel can affect engine performance, fuel economy, and maintenance costs. Choosing the right fuel station…
TotalEnergies has officially commenced production from its deepwater Ballymore field, situated 120 kilometers off the Louisiana coast, the company announced in a press statement. The field, which was initially launched…
BP has announced a significant oil discovery at its Far South prospect in the deepwater U.S. Gulf of Mexico, marking a key development in the company’s renewed commitment to upstream…
The Trump Administration has rescinded licenses for oil giants BP and Shell, along with their partners, to operate natural gas projects offshore Venezuela, a move that will disrupt plans to…
Diesel fuel plays a critical role in our economy. It powers trucks, buses, construction equipment, and even some cars. Without diesel, transportation and industry would come to a halt. Because…
In recent years, the global energy industry has undergone a significant transformation. A growing need for sustainable fuel alternatives has sparked interest in cleaner, renewable sources. Among them, renewable diesel…
Fuel supply is an essential element of the global energy market, providing the necessary resources for industries, transportation, and power generation worldwide. Fuel suppliers ensure the availability of crude oil,…
The Nigerian National Petroleum Corporation (NNPC) plays a pivotal role in Nigeria’s oil and gas sector, making it one of the largest state-owned companies in Africa. Founded in 1977, the…
The U.S. administration has ramped up its economic offensive by imposing a 25% tariff on all goods imported into the country from nations purchasing Venezuelan oil. The move is seen…
ExxonMobil has officially withdrawn its application to store carbon dioxide (CO2) beneath the seabed of the Bass Strait, although it remains committed to advancing its carbon capture and storage (CCS)…
Liquefied Natural Gas (LNG) is an essential element of the global energy landscape, enabling the transport and utilization of natural gas across vast distances. As global energy demand grows, LNG…
When it comes to maintaining the performance and longevity of your diesel engine, keeping the fuel system clean is crucial. Over time, deposits can build up in the fuel injectors,…
Oil prices continued their downward trend for a second consecutive day on Tuesday, with analysts linking the drop to the implications of former President Trump’s “Drill, Baby, Drill” policies on…
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