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Ecopetrol will beat its 2025 drilling target and may even best the output target, says executive
Rafael Guzman said that Colombia's state energy company Ecopetrol will likely exceed its goal of drilling ten oil wells in 2025 by 20% to 40%. It has been reported that the company drilled six successful wells during the first half of this year. Guzman said on the sidelines the Acipet Energy Conference in Barranquilla, a Caribbean city.
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Ecopetrol will beat its 2025 drilling target and may even best the output target, says executive
Rafael Guzman said that Colombian state energy company Ecopetrol will exceed its goal of drilling 10 oilwells in 2025 by 20% to 40%. It has been reported that the company drilled six successful wells during the first half of this year. Guzman said on the sidelines the Acipet Energy Conference in the Caribbean city Barranquilla…
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EUROPE GAS - European prices remain stable as traders evaluate sanctions talks and Norway outages
The European gas price was largely unchanged on Friday morning, despite the fact that a new package of sanctions from the European Commission against Russia is expected and there are still long-term gas shortages in Norway. LSEG data shows that the benchmark Dutch front-month contract…
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Congo considers cobalt export ban extension, quota plan faces delays -sources say
Three sources with knowledge of the situation have confirmed that the Democratic Republic of Congo has been considering extending its export ban on cobalt by at least two more months. Officials are working to develop a new quota system in order to replace the suspension. A senior…
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Russia's LNG Exports by Destinations and Volume
EU sources confirmed on Friday that the European Commission would propose to ban Russian LNG imports a year sooner than originally planned as part of the 19th package sanctions against Moscow. Here are some statistics about Russia's gas exports, by volume and destination. In January-August 2025…
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Nigeria is considering giving control of oil contracts to regulator
According to a draft of a legislative amendment, Nigeria may decide to have the state oil company take over the control of…
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EU to ban Russian LNG imports under pressure from Trump
EU sources confirmed on Friday that the European Union intends to ban Russian LNG imports a year sooner than originally planned…
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Minister: Indonesia will allow private fuel retailers import gasoline via Pertamina to meet shortages
The energy minister announced on Friday that Indonesia will allow private fuel retailers such as Shell and BP to import more…
Latest news
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EQT CEO: US could experience LNG oversupply between 2027 and 2029
Toby Rice told reporters on Thursday that the U.S. may experience a glut of liquefied gas in 2027-2029 but it will be tightening by 2030.
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How Canada's Haisla become the first Indigenous LNG owner in the world
Maureen Nyce wore a hardhat and a safety vest during an August visit to Cedar LNG's pipeline site, not as a dignitary visiting or cultural emissary…
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How Canada's Haisla become the first Indigenous LNG owner in the world
Maureen Nyce wore a hardhat and a safety vest during an August visit to Cedar LNG's pipeline site, not as a dignitary visiting or cultural emissary…
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Australia's Santos Chief executive bets on cash-flow boost as third bidder walks away
Kevin Gallagher, Santos' boss, said on Friday that he does not plan to retire. He expects the company to see a dramatic increase…
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Australia's Santos Chief executive bets on cash-flow boost as third bidder walks away
Kevin Gallagher, Santos' boss, said on Friday that he does not plan to retire. He expects the company to see a dramatic increase…
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Ecopetrol will beat its 2025 drilling target and may even best the output target, says executive
Rafael Guzman said that Colombian state energy company Ecopetrol will exceed its goal of drilling 10 oilwells in 2025 by 20% to 40%.
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Ecopetrol will beat its 2025 drilling target and may even best the output target, says executive
Rafael Guzman said that Colombian state energy company Ecopetrol will exceed its goal of drilling 10 oilwells in 2025 by 20% to 40%.
-
Ecopetrol will beat its 2025 drilling target and may even best the output target, says executive
Rafael Guzman said that Colombian state energy company Ecopetrol will exceed its goal of drilling 10 oilwells in 2025 by 20% to 40%.
-
Ecopetrol will beat its 2025 drilling target and may even best the output target, says executive
Rafael Guzman said that Colombia's state energy company Ecopetrol will likely exceed its goal of drilling ten oil wells in 2025 by 20% to 40%.
-
Ecopetrol will beat its 2025 drilling target and may even best the output target, says executive
Rafael Guzman said that Colombia's state energy company Ecopetrol will likely exceed its goal of drilling ten oil wells in 2025 by 20% to 40%.
-
Ecopetrol will beat its 2025 drilling target and may even best the output target, says executive
Rafael Guzman said that Colombia's state energy company Ecopetrol will likely exceed its goal of drilling ten oil wells in 2025 by 20% to 40%.
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EQT CEO: US could experience LNG oversupply between 2027 and 2029
Toby Rice told reporters on Thursday that the U.S. may experience a glut of liquefied gas in 2027-2029 but it will be tightening by 2030.
Exploration
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Ukrainian drones strike Russian oil refinery and petrochemical complex
Ukraine announced on Thursday that drones it had used in Russia struck an oil refinery and a major oil-processing and petrochemical facility.
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TASS reports that Russia's top oil executive said Asian oil demand is still growing.
Alexander Dyukov of Russian oil giant Gazprom said that the demand for crude oil in Asia continues to increase, while China…
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Anglo-Teck's merger with Glencore will unlock Chile mine synergies if Glencore approves
Analysts say that the proposed Anglo American and Teck merger could be hampered by Glencore, a Swiss miner-trader. Glencore…
Drilling
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Alaskans fear higher energy prices as Trump drills
Alaskans spend nearly two times as much on electricity as the national average. Matt Goodnow, financial counselor at a hospital located in Homer…
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Interior secretary: US wants to strengthen energy ties with Greece
Interior Secretary Doug Burgum told reporters in Athens that the U.S. is looking to strengthen its energy relations with Greece.
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Analysts say that ConocoPhillips’ deep-seated layoffs demonstrate the need for capital discipline.
Investors and analysts have said that ConocoPhillips needs to focus more on its capital discipline and its investment priorities…
Production
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The IEA reports that the decline rates of global oil and gas fields are increasing.
International Energy Agency reported on Tuesday that the natural rate of decline for oil and gas production is increasing…
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ADNOC sells stakes in listed companies to XRG, the international arm of ADNOC
Abu Dhabi National Oil Company announced on Thursday that it had transferred its shares in a number of its listed subsidiaries…
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TotalEnergies sees Brent-Dubai crude price gap remaining negative
TotalEnergies' executive stated on Monday that the price gap between Brent crude and Dubai crude will remain negative because…