Oil & Gas

ConocoPhillips raises dividend, expands buybacks as Q3 earnings beat forecasts, driven by record U.S. shale production and increased output guidance

Angola’s Cabinda refinery is set to boost energy independence, reducing reliance on fuel imports with operations starting in April 2025

Mexico sends 400,000 barrels of oil to aid Cuba’s energy crisis following grid collapse and hurricane impact

Oil prices are set to fall as Israel’s restrained strikes on Iran avoid disrupting oil infrastructure, allowing for short-term market stability

Eni and BP resume onshore exploration in Libya’s Ghadames Basin, signaling renewed international interest in Libya’s oil sector

Key Points Aisha Achimugu, CEO of Oceangate Oil and Gas Engineering, has partnered with Global Petroleum Group to develop offshore oil and gas resources near Grenada, with the project valued …

KEY POINTS • U.S. crude inventories increased by 5.5 million barrels, driven by higher imports.• Gasoline stocks rose unexpectedly by 900,000 barrels as refineries ramped up production.• Distillate stockpiles fell …

Mantashe emphasizes the potential of South Africa’s oil and gas sector, calling for investment and recognition of petroleum in the energy mix

U.S. fossil fuel production reached record levels under Biden, driven by global demand and geopolitical shifts. Learn about the surprising growth and its impact on the industry.

OPEC’s oil output hit its lowest level in 2024 due to disruptions in Libya and Iraq’s compliance efforts, impacting global oil supply dynamics.