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Keywords: Hydrocarbons


TotalEnergies expects Middle East conflict to weigh on second-quarter oil and gas production

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 launches new oil and gas reform framework to attract investment

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......

Abu Dhabi Oil Giant Adnoc commits $55 billion to new projects by 2028

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 launches international bid for oil and gas concessions

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 launches bidding round for new oil and gas blocks

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......

New hydrocarbon field discovered in Côte d’Ivoire

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......

Venezuela ends 20 years of state oil control with new law

Venezuela's National Assembly approved a sweeping overhaul of the country's hydrocarbons law on Thursday, dismantling over two decades of state dominance in the oil sector and opening the door to private investment in the world's largest proven crude reserves. The vote signals a dramatic......

Fuel stations in Morocco boycott minister Benali and threaten national strike

Casablanca – Tensions are rising between the Ministry of Energy Transition and the Federation of fuel station owners in Morocco. The National Federation of Owners, Traders, and Managers of Service Stations (FGNPS) announced it would boycott a meeting called by Minister Leila Benali, scheduled for......

Aldama’s interruption forces psoe to reshape strategy on leire case

Víctor de Aldama’s sudden appearance disrupted the carefully planned statement of leire díez, a former socialist militant, echoing moments of courtroom chaos reminiscent of past political confrontations. díez’s press conference at a key psoe venue was arranged the day......

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