In the News

Petrobras posts a 22 percent profit rise in Q3, declaring $3 billion in dividends. However, it faces challenges as oil production declines by 8.2 percent year-on-year.

Duke Energy estimates up to $2.9 billion in hurricane restoration costs after extensive damage to infrastructure. Profit recovery is expected in 2025.

Chevron to supply 600 million cubic feet of gas daily to Angola LNG by year-end.

Senegal is preparing for its first LNG shipment from BP’s major GTA project, marking a breakthrough in the country’s energy growth trajectory

The U.S. supports Argentina in a $16B YPF dispute, arguing sovereign immunity in the face of economic strain.

Texas reelects Christi Craddick as chair of the Texas Railroad Commission, facing pressures on environmental and regulatory challenges as oil production surges.

Smart grids in African cities improve energy reliability, efficiency, and sustainability, driving urban resilience and growth

Rhino joins Galp, Chevron in expanding Namibia’s upstream exploration

Petralon Energy appoints Philip Clarke as Technical Director, emphasizing strategic growth and operational excellence in Africa’s energy sector

Marathon Petroleum’s Q3 profit beats expectations, bolstered by high throughput. The company announces a $5 billion increase in its share buyback program.