Oil & Gas

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

TotalEnergies predicts global oil demand will peak after 2030, driven by population growth and slow electric vehicle adoption, in contrast to IEA’s forecast

Panoro Energy reports record quarterly production in Gabon, aiming for 40,000 bopd by year-end after successful drilling.

OPEC+ postpones its oil output increase to January 2024, extending its current 2.2 million barrels per day cut due to weak global demand

Enbridge’s Q3 profit doubles from U.S. gas acquisitions and record infrastructure growth projects in North America.

Sequa Petroleum expands its portfolio with stakes in three offshore blocks, advancing under Angola’s new investor-friendly policies.

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