Oil & Gas

KEY POINTS Italian energy company Eni and Venezuela’s state-owned oil giant PDVSA have signed a 25-year hydrocarbons participation contract covering the development of the giant Junín 5 heavy oil field …

KEY POINTS The Dangote Petroleum Refinery is targeting expansion that would make it the largest refinery in the world by 2028, according to Dangote Group President and Chief Executive Officer, …

KEY POINTS Brazil’s environmental regulator, Ibama, has approved Petrobras request to drill three additional wells in the Foz do Amazonas Basin, subject to a series of environmental and operational conditions. …

KEY POINTS Eni and PETRONAS have agreed to jointly explore the development of a new generation of high-performance bio-gasoline made from renewable raw materials. The two energy companies signed a …

KEY POINTS US liquefied natural gas, LNG, exports increased sharply in the first half of 2026, averaging 17.4 billion cubic feet per day (Bcf/d), according to the US Energy Information …

KEY POINTS Chevron Bangladesh says it remains committed to supporting Bangladesh’s long-term energy security as the country faces declining domestic gas production, rising demand and greater reliance on imported fuels. …

KEY POINTS Shares of Italian energy giant Eni fell 3.29% on September 4, closing at €23.08 on the Borsa Italiana as investors awaited the company’s latest financial results. The stock …

KEY POINTS Eni is set to invest an additional $8 billion in Egypt over the next five years as the Italian energy company expands exploration and development activities aimed at …

KEY POINTS TotalEnergies has completed its acquisition of a 40% operated interest in Namibia’s PEL83 licence, strengthening its position in the country’s emerging oil industry and giving the French energy …

KEY POINTS BP Plc has agreed to sell partial interests in two major offshore exploration opportunities to Shell Plc, deepening cooperation between the two energy giants while allowing BP to …