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Abu Dhabi National Oil Co. could buy Wintershall Dea

Angola set to remain in OPEC+ despite spat over quotas, official says

Angola, Africa’s second-biggest crude producer, has no plans to leave the 23-nation OPEC+ coalition, an official said, following a wider dispute over output quotas that delayed the group’s meeting.

MEOG: Aramco makes gas discoveries

Gazprom to cut 2024 investment programme by 20%

Russian natural gas giant Gazprom will cut its 2024 investment programme by 20% year on year to RUB1.57 trillion ($18bn), the company announced. Gazprom had previously cut its 2023 investment programme to RUB2 trillion.

Brazil’s cabinet seeking for Petrobras CEO replacement, say sources

Mexico City leads in global climate action, says report

Zagreb Power Plant set up Block L's gas turbine ignition

Pemex’s Texas Deer Park refinery hits 16-year operational peak

The Deer Park refinery, nestled in Houston, Texas, has achieved its most impressive operational and financial performance in over 16 years after Mexico’s state-owned energy major Pemex took over the facility.

Thessaloniki-Skopje oil pipeline set to reopen

North Macedonia invites investments in PV plants to transform free industrial zones

North Macedonia calls €83.6mn tender for construction of gas interconnector with Greece

Colombia’s Ecopetrol stock soars as Constitutional court knocks oil, mining tax

Shares in Colombia’s state-owned energy major Ecopetrol surged after the Constitutional court invalidated a measure that had previously imposed increased taxes on oil and coal producers.

Ghana’s anti-corruption prosecutor directs TOR to suspend proposed partnership deal with Tema Energy

Fuel price hikes in Iran seem inevitable

The Iranian government faces the uphill task of raising prices of heavily subsidised energy carriers to address a wide range of issues including fuel smuggling.

Iran fully commissions second phase of onshore oil field

The Iranian Central Oil Fields Co. (ICOFC) has completed the second development phase of an onshore oil field in western Iran, adding 11,000 more barrels to the country’s daily crude output, the ICOFC director said.

Poland’s renewable energy company Polenergia reports net profit in Q3

Warsaw-listed Polish renewable energy company Polenergia posted an adjusted net profit of PLN43.9mn (€10mn) in the third quarter, a changeover from a net loss of PLN11.3mn in Q3 2022, the company said in a market filing.

COP28: UAE’s renewables champion Masdar is more bark than bite

As world leaders gather in the the United Arab Emirates (UAE) capital of Dubai for the COP28 energy summit, its national renewables champion Masdar is showcasing its achievements. The only trouble is that the company is not as big as it claims to be.

Mongolia announces record-breaking 60mn tonnes of coal exports

Mongolia has already exported a record-breaking 60mn tonnes of coal this year, local media reported on November 24, citing data from the National Committee for the Revival of Border Ports.

US court suspends enforcement of Argentina's $16.1bn payment to YPF plaintiffs

US District Judge Loretta Preska suspended the enforcement of a $16.1bn ruling against the Argentine government in a case concerning the nationalisation of state oil firm YPF.

Ukraine targeted with 75 Russian drones in biggest attack ever

Ukraine was struck by an attack of 75 drones on the night of November 24, the biggest single attack ever, but air defences managed to shoot down 71, Kyiv reports.

Argentina's president-elect selects new YPF chief

Argentina’s president-elect Javier Milei has selected Horacio Marín to be the next president and CEO of state oil firm YPF, a spokesperson for Milei’s La Libertad Avanza party confirmed

Petrobras, Shearwater sign deal for seismic exploration

Brazil’s state-owned energy major Petrobras and Norwegian marine seismic services firm Shearwater have sign a deal to jointly research seismic exploration and field developments, Offshore Engineer reported on November 22.

Trinidad company sees rise in freight forwarding demand in Guyana

The managing director of Trinidadian freight forwarding services Cargo Consolidators Agency has revealed that his company has seen an uptick in demand in the Guyanese market.

Guyana FPSO builder seeks supplier for water quality testing services

Guyana Deep Water Operations Incorporated (GDO), the local subsidy of FPSO builder SBM Offshore, released a request for proposals (RFP) for a supplier of water quality testing services for both the company’s onshore and offshore needs in Guyana.

US calls on oil companies to limit operations in Venezuela despite sanctions easing

The temporary easing of sanctions on Venezuela's oil sector must not be viewed as an endorsement for a full-scale resumption of operations, US Treasury officials have warned.