Government

KEY POINTS Brazil’s state-controlled energy giant Petrobras is weighing a return to Nigeria’s upstream oil sector, signaling renewed interest in deepwater and ultra-deepwater exploration as Africa’s largest crude producer courts …

OPEC+ plans a major oil output hike by November as Saudi Arabia cracks down on members violating production quotas

Australia’s mining and energy export earnings are projected to fall 6% in 2024 as iron ore prices dip and Chinese demand slows

Oil prices rise as traders assess U.S. tariffs and tightening crude supplies, with concerns about the global economy

Pemex pursues a diversification strategy for motor fuel and crude oil exports, following U.S. tariff threats against Venezuela oil trade

Iraq plans to raise oil production to 6 million bpd by 2029, backed by a BP deal and OPEC+ commitment to global output reductions

EU leaders urge talks on Russian gas transit through Ukraine as Slovakia warns of rising energy costs and cold weather depletes gas reserves

Enbridge pipeline expansion moves ahead despite new U.S. crude oil tariffs. The company is investing $2 billion in Mainline while targeting long-term energy growth

Oil prices rise 2% after the U.S. revokes Chevron’s Venezuela license, sparking supply concerns as OPEC+ weighs its next move in a volatile market

Kyrgyzstan and Tajikistan finalized a border deal, resolving a major dispute and paving the way for enhanced trade, security, and regional cooperation