Total, Aker BP seek bigger stakes in giant Equinor oilfield
TotalEnergies and Aker BP are seeking an independent review of their stakes in Equinor's Johan Sverdrup oilfield with a goal ...
Vitol sees 2040 global oil demand little changed from current levels
Global oil demand will likely be close to current levels in 2040, energy and commodities trader Vitol said in its long-term ...
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TotalEnergies posts 21% drop in annual profit, targets buybacks of $2 billion per quarter in 2025
French oil major TotalEnergies posted full-year 2024 adjusted net income of $18.3 billion, reflecting a 21% fall from $23.2 billion a year earlier. Analysts had expected the firm's full-year ...
India’s crude oil imports from Russia surge 13% in Jan despite latest US sanctions
India imported 1.67 million barrels per day (bpd) of crude oil from Russia—up 13 percent from December 2024—showed data from ...
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Russian boosts gas production as oil output drops
State run gas giant Gazprom spearheads increase in gas production in 2024 as it re-takes a larger share of the domestic ...
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Petrobras Boasts Growth in Oil and Gas Reserves
Petrobras increased its proven oil and gas reserves by 500 million barrels in 2024 and plans to invest $111 billion in exploration and production over the next five years.