Arabs hate Iran, but fear an American attack
Saudi Arabia is preparing for a possible U.S. military attack on Iran by increasing its oil production and exports, according to Riyadh sources.
The great stake for oil in case of escalation between Iran and the USA
Increasing tensions between the US and Iran have led oil prices to a six-month high, with potential disruptions in Iranian oil production looming.
OPEC+: Opening the tap in April with an eye on Iran โ Increase of 137,000 barrels per day
OPEC+ is considering a production increase of 137,000 barrels per day in April in response to rising summer demand and tensions with Iran.
Managers sold shares, but oil has not flowed. Inspectors are investigating MOL
Czech inspectors are examining MOL following reports of share sales by managers amidst a decline in oil production.
Vaca Muerta drives a new oil record and already represents 68% of production
Vaca Muerta's oil production reached a record of 882,200 barrels daily in January, now accounting for 68% of Argentina's total output.
Government aims to increase oil production by 2,411 barrels per day through three fronts
The Ecuadorian government plans to boost national oil production by 2,411 barrels per day through exploration and production stabilization efforts.
Could silver become the 'new oil' thanks to electric cars?
This article explores the potential rise of silver as a crucial material in electric vehicle batteries, drawing attention to a significant innovation by Samsung that utilizes silver carbonate in battery production.
Prominent in Ramadan Kitchens: The Largest Vegetable Oil Producing Countries in the World
Vegetable oils play a crucial role in Islamic kitchens during Ramadan, significantly impacting meal costs and quality, as the article reviews the top producers, importers, and exporters of vegetable oils globally.
Group urges Tinubu to review pipeline surveillance arrangements
The Niger Delta Safety Watch has called for President Bola Tinubu to reassess the pipeline surveillance system in the South South region due to ongoing security challenges affecting oil production and national revenue.
Hungary will block a โฌ90 billion loan to Ukraine due to the halt in oil production
Hungary plans to block a โฌ90 billion loan from the EU to Ukraine, citing the suspension of oil transit through the Druzhba pipeline as the reason.
Panic for Olives in Italy
Olive groves in Italy have shrunk by 7.1% over the past decade, significantly impacting the country's olive oil production.
The probability of large discoveries is greatest in the Barents Sea
A recent report indicates that the probability of discovering significant oil and gas resources in the Barents Sea is the highest in Norwegian waters, where 54% of the resources remain underexplored.
Kenya: Gulf Energy Acquires Over Sh2bn Oil Rig for Lokichar Project
Gulf Energy has secured an onshore oil drilling rig worth over Sh2 billion for its Lokichar oil project, aiming for production before the year's end.
Oil and gas production in RN hits its lowest level in 40 years, says ANP
Oil and gas production in Rio Grande do Norte, Brazil, reached its lowest level in 40 years according to data from the National Agency of Petroleum (ANP).
Anmat prohibited the production and sale of an olive oil that mimicked a well-known brand
Argentina's Anmat has banned the production and sale of a fraudulent olive oil product that posed as a recognized brand due to violations in labeling.
The new energy scenario
Argentina is undergoing a transformation in its energy landscape, driven by increased gas and oil production from Vaca Muerta.
A study reveals that olive oil production began in Italy long before the Roman Empire
An archaeological study shows that olive oil was produced in Italy several centuries prior to the expansion of the Roman Empire.
Russia running out of money for new oil wells as drilling hits three-year low
Russia's oil production is facing challenges as drilling activities reach a three-year low, exacerbated by Western sanctions and economic pressures.
Small oil producers in Russia's regions start to go bankrupt as prices collapse
Small oil producers in Russia are facing bankruptcy due to plunging oil prices exacerbated by US sanctions.
Japan's First Major Investment in the US: 52 Trillion Won in Industrial Diamonds, Power Generation, and Oil
Japan publicly revealed its first investment projects in the United States, which total $55 billion, aimed primarily at industrial diamonds, energy generation, and oil production.
City in RS that has the best Brazilian olive oil also stands out for the production of grapes for fine wines and sparkling wines
Encruzilhada do Sul in Brazil is celebrated for producing the best olive oil and high-quality wines and sparkling wines, thanks to its unique climatic conditions and rich soil.
Nigeria loses N1.76tn after missing OPEC quota
Nigeria's oil sector is estimated to have lost N1.76 trillion due to failure in meeting OPEC's production quotas.
Vastlapรคev predicts long flax fields, but a cold spring
The event celebrated at the Rocca al Mare Open-Air Museum highlights the efforts to promote long-growing flax varieties in Estonia despite the preference for shorter ones for oil production.
Oil and gold prices fall with progress in negotiations between the USA and Iran
Oil and gold prices have declined as negotiations between the United States and Iran advance, easing fears of production disruptions.
Western pressure may force Russia to cut oil production volumes
Russia may be compelled to significantly reduce its oil production in the coming months due to increasing pressure from the U.S. and Europe, which would further diminish funding for the Kremlin's war in Ukraine.
Oil well: Cross River deserves fair treatment, says Otu
Governor Bassey Otu of Cross River advocates for fair treatment in the relisting process of the state as an oil-producing entity, amid disputes with Akwa Ibom.
Western Pressure May Force Russia to Reduce Oil Production
Russia's crude oil exports, previously stable despite Western sanctions, are now declining due to intensified sanctions and a European Union ban on fuel derived from Russian oil.
A byproduct of sunflower oil makes bread more nutritious and healthier
Researchers found that a relatively unknown byproduct of sunflower oil production could significantly enhance the nutritional value of bread.
Tunisia helps to lower olive oil prices
Tunisia's olive oil production is on the rise, causing a reduction in prices, which is concerning for Italian producers facing increased imports.
Taxes and energy transition accelerate the decline of oil and gas in Britain
The UK's oil and gas production has significantly decreased over the past 25 years, with a forecasted drop to 150,000 barrels per day by 2050, largely due to increased taxation and a government push towards a transition away from hydrocarbons.
Brazilian oil production becomes more polluting in 2025
Brazil's oil production has become more polluting in 2025, with natural gas flaring hitting a 15-year high and greenhouse gas emissions increasing from Petrobras.
The reason for the dramatic fluctuations in CO2 quotas has been revealed
A discussion in the Estonian Parliament highlighted the issues concerning the electricity system's reliance on CO2 quota prices due to the use of oil shale for electricity production.
CโRiver set to regain oil-producing status โ FG report
Cross River State is expected to be re-listed as an oil-producing state following the submission of a final report by a Federal Government committee.
US authorizes five major oil companies to resume operations in Venezuela
The US has granted licenses to five major oil companies to operate in Venezuela amid efforts to increase oil production following the overthrow of President Nicolรกs Maduro.
Kenya: Kenya's Gulf Energy Affirms Its Commitment to Invest U.S.$ 6bn and Maintain World-Class Standards in the Turkana Oil Production Journey
Gulf Energy E&P BV has committed to investing $6 billion in Turkana County's oil production while adhering to international best practices.
Washington licenses five oil companies to return to Venezuela
The U.S. Treasury has granted licenses to five oil companies to resume operations in Venezuela to increase the countryโs oil production after a series of sanctions.
Nigeria: Dangote Refinery Hits 650,000 Bpd Capacity
The Dangote Refinery in Nigeria has achieved a capacity of 650,000 barrels per day, marking a significant operational milestone.
Tony Blair urges Labour to continue oil drilling in the North Sea
Tony Blair calls for Labour to resume oil drilling in the North Sea, opposing the UK government's plans to phase out oil and gas production.
Chevron can increase oil production in Venezuela to 300,000 barrels per day, according to the US
US Energy Secretary Chris Wright stated that Chevron has the potential to raise its oil production in Venezuela to 300,000 barrels per day following his visit to the company's operational fields in the country.
Tony Blairโs oil lobbying is a misleading rehash of fossil fuel industry spin
The Tony Blair Institute's latest report advocating for increased North Sea oil and gas production has been criticized for its misleading claims and ties to fossil fuel interests.
Venezuela โopens the tapโ to US and Spanish oil companies: Would give Chevron and Repsol โrichโ oil lands
Venezuela is planning to grant more oil production lands to Chevron and Spain's Repsol, as the Trump administration encourages private companies to rebuild the nation's energy sector.
Otedola praises Dangote for refinery's 650,000bpd capacity
Femi Otedola has praised Aliko Dangote for achieving the full production capacity of 650,000 barrels per day at the Dangote Petroleum Refinery.
Libya grants foreign oil companies exploration licences
Libya has awarded new oil exploration licenses to several foreign companies for the first time in 17 years, aiming to boost oil production amid ongoing political instability.
Egypt announces new oil discoveries in the Western Desert
Egypt has announced significant new oil and gas discoveries in the Western Desert, adding 34 million cubic feet of gas and 5,200 barrels of crude oil production daily.
Washington seeks a significant increase in Venezuela's oil production
U.S. Energy Secretary Chris Wright has pledged to push for a substantial increase in Venezuela's oil production following discussions with interim President Delsy Rodriguez in Caracas.
U.S. Energy Secretary: Relations between Venezuela and the United States at a historic turning point
U.S. Energy Secretary Chris Wright indicates that relations between Venezuela and the United States have reached a historic turning point during his visit to Venezuela.
Oil firm asks court to void ex parte administration orders
Eroton Exploration and Production Limited is seeking to overturn interim court orders that placed it under administration, presenting multiple legal challenges in Lagos.
The United States promises a "spectacular increase" in Venezuela's oil production
The U.S. Energy Secretary Chris Wright visited Venezuela, promising a significant increase in oil production as part of a renewed partnership.
The American Energy Secretary commits to a "dramatic increase" in Venezuela's oil production
U.S. Energy Secretary Chris Wright has pledged to promote a significant increase in oil production in Venezuela following talks with the country's acting leader.
ES surpasses SP and becomes the 2nd largest oil producer in the country
Espรญrito Santo has reclaimed its position as Brazil's second-largest oil producer, surpassing Sรฃo Paulo.