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Keywords: Hydrocarbons
Algeria’s financial buffers are expected to come under increasing pressure over the coming years, with the International Monetary Fund projecting a substantial decline in the country’s foreign exchange reserves by 2031. The assessment comes as the IMF calls for stronger fiscal discipline,......
A delegation from the International Monetary Fund (IMF) is visiting Senegal to resume discussions with the country's authorities on economic conditions and the possibility of establishing a new financial cooperation program. The mission, led by Mercedes Vera Martin, the IMF's mission chief for......
Training sessions at the European Swimming Championships in Paris were cancelled on Thursday after traces of hydrocarbons were detected in the Seine River, prompting organizers to suspend activities as a precaution. The decision affects preparations for both the open water swimming and high diving events,......
French energy major TotalEnergies has warned that geopolitical tensions in the Middle East affected its hydrocarbon production during the second quarter, although the disruption proved less severe than initially anticipated. Despite the operational impact, the company expects stronger overall financial......
Venezuela has taken another step toward reshaping its energy industry after acting President Delcy Rodriguez signed the regulations needed to implement a sweeping reform of the country's Hydrocarbons Law, a move aimed at making the sector more attractive to investors. The newly enacted regulatory......
The Abu Dhabi National Oil Company (ADNOC) has announced plans to invest $55 billion in new projects over the next two years, marking a significant expansion of its long-term growth strategy in the global energy sector. According to an official statement released on Sunday, the company confirmed that......
Algeria has officially launched a new international bidding round for oil and gas exploration and production licenses, seeking to attract foreign investors at a time of heightened volatility in global energy markets. The initiative, titled “Algeria Bid 2026,” marks the second such call since......
Oman has launched a new bidding round for five oil and gas concession blocks as part of its efforts to attract foreign investment and strengthen the development of its hydrocarbon sector. According to the country’s energy ministry, the initiative aims to enhance exploration activities and unlock......
Côte d’Ivoire has announced the discovery of a major new offshore hydrocarbon field, strengthening its ambitions to become a key energy producer in West Africa. The Italian energy group Eni, in partnership with the national company Petroci, revealed reserves estimated at around......