he South American country is poised to undergo a significant economic transformation with its first oil production targeted for 2028, aiming to replicate the oil success seen by its neighbor, Guyana.
April 27, 2024
India and China are intensifying their efforts in upstream activities to bolster energy security amidst evolving global dynamics, yet their trajectories appear divergent.
April 14, 2024
President Gustavo Petro of Colombia announced plans for a deal allowing state-controlled Ecopetrol SA to produce oil and natural gas in Venezuela, following his recent trip to Caracas.
April 13, 2024
Petrobras has made a significant oil discovery in the ultra-deep waters of the Potiguar Basin on the Brazilian Equatorial Margin.
April 13, 2024
OPEC and its allied partners, collectively known as OPEC+, are charting a steady course in their recent decisions regarding oil production policy.
April 06, 2024
The Energy Information Administration's (EIA) recent report revealed a significant increase in the production of
April 06, 2024
The Uinta Basin in northeastern Utah is witnessing a remarkable surge in waxy crude production, driven by advancements in drilling techniques and increasing demand from refiners.
April 06, 2024
Amidst an ambitious merger between Chevron Corp. and Hess Corp., both companies are resolute in their efforts to overcome hurdles and capitalize on promising ventures.
April 06, 2024
OPEC and its allies, known as OPEC+, are holding firm on their current oil production policy, with no plans for changes at the upcoming Joint Ministerial Monitoring Committee (JMMC) meeting.
March 30, 2024
Mexican state energy company Pemex reported its lowest crude output in 45 years, with production in Feb. having averaged 1.55MM b/d.
March 30, 2024
