Sinopec wins approval for 235.7bcm Ziyang shale gas reserves
Sinopec has received approval for a significant 235.7 bcm of proven shale gas reserves at the Ziyang Dongfeng field in the Sichuan basin. This approval signifies a major step forward for China's domes
Cuba Runs Out of Diesel and Fuel Oil as Blackouts Worsen
Cuba is facing a severe fuel shortage, particularly of diesel and fuel oil, leading to worsening blackouts and a critical state of its energy system. The lack o
OilPrice·May 14
BP acquires 40% stake in Uzbekistan’s Ustyurt blocks
BP has acquired a 40% stake in a production sharing agreement (PSA) for six exploration blocks in Uzbekistan's North Ustyurt region. This signifies BP's continu
Offshore Technology·May 14
Big Oil’s offshore drilling plans spotlight West Africa’s deepwater hydrocarbon potential
Major international energy companies TotalEnergies and Chevron are significantly ramping up their deepwater exploration and appraisal efforts off the coast of N
Eneos, a Japanese refiner, is acquiring Chevron's refining and retail assets in the Asia-Pacific region for $2.17 billion. This move signals Eneos's strategic e