The national debt surpassed a record $39 trillion on Wednesday, a milestone that comes just weeks into the U.S.-Israeli war in Iran. The unprecedented figure highlights competing administration priorities, from...
Assessment of the deepwater Sirius-2 well offshore Colombia confirmed a discovery with more than 6 Tcf in place, Petrobras announced 5 December. Petrobras, which operates block GUA-OFF-0 through Petrobras...
A Qatari complex housing the world’s largest liquefied natural gas export plant suffered “extensive damage” amid a sharp escalation of attacks on energy facilities across the Persian Gulf. The Ras Laffan...
Oil prices jumped on Thursday, with benchmark Brent rising to its highest in more than a week to more than US$115 a barrel, after Iran attacked energy facilities across...
The U.S. license provides targeted relief from sanctions, but does not lift the penalties altogether. The license allows companies that existed before Jan. 29, 2025, to buy Venezuelan oil...
Oil prices climbed sharply in early Asian trading on Thursday as the Middle East conflict continued to escalate and energy infrastructure was targeted across the Gulf. At the time...
Qatar has voiced its outrage over Israel’s attack on facilities linked to Iran’s South Pars field, an extension of Qatar’s North Field, describing it as “a dangerous and irresponsible...
The funding is part of a bigger $16.4 million package secured by the company to advance its Ewoyaa project, a key asset in Ghana’s push to move beyond gold...
A potential strike on Kharg Island’s oil infrastructure could see a catastrophic drop in Iran’s crude exports, with Rystad Energy warning of a possible 80 to 90% reduction in...
The funding, provided through the International Development Association (IDA), is part of the Second Zambia Climate and Economic Resilience Development Policy Operation (DPO), aimed at stabilising the economy and...