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Keywords: Energy Sector
Indian energy company Nayara Energy has announced the successful completion of a scheduled maintenance and modernization program at its Vadinar refinery in the western state of Gujarat, marking an important step in strengthening the country’s refining capabilities. The Vadinar facility, one of......
BP has announced the sale of a 5% stake in the Browse liquefied natural gas (LNG) project in Western Australia to South Korean energy company GS Energy, marking another step in the British group's ongoing portfolio optimization strategy. The transaction reflects BP’s objective of strengthening......
Norwegian oil and gas companies have revised their investment expectations upward for the years 2026 and 2027, according to a recent quarterly industry survey. Despite this revision, overall spending is still projected to remain below the record levels achieved in 2025. The survey shows that the country’s......
Global oil prices dropped sharply on Wednesday as investors reacted positively to signs of progress in negotiations between Iran and the United States aimed at easing tensions in the Middle East. The price of Brent crude and West Texas Intermediate (WTI) both lost around 5% during trading sessions after......
Eni and its partners have approved a new development phase for the Baleine project in Ivory Coast, marking a major step forward in the expansion of one of the country’s most significant hydrocarbon discoveries. The project is being developed in partnership with Petroci and Vitol. The newly approved......
Two major American energy companies are reportedly in discussions over a possible merger that could create one of the largest utility groups in the United States. According to financial media reports, NextEra Energy and Dominion Energy are exploring a deal that would combine their operations into a......
Serbia is preparing to submit its final proposal regarding the possible takeover of the oil company NIS by the Hungarian energy group MOL Group, according to statements from Serbian energy officials. The negotiations concern NIS, the operator of Serbia’s only oil refinery and one of the country’s......
Pemex chief executive Víctor Rodríguez is facing growing uncertainty over his future as internal tensions, financial pressures, and operational setbacks continue to affect the struggling energy giant, according to sources familiar with the matter. The leadership of the Mexican state oil......
Morocco is mourning the loss of Ali Fassi Fihri, former Director General of the National Office of Electricity and Drinking Water (ONEE), who passed away at the age of 71 after a long illness, according to information shared by his family. Widely respected in Morocco’s administrative and institutional......