News
Russia resumes oil exports to Brazil
Inspenet, October 10, 2023. In a major development in trade relations between Brazil and Russia, the European country has resumed oil exports to Brazil after a…
Oil and Gas
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Oil companies will not stop oil and gas production plans
Inspenet, October 7, 2023. Leading companies such as Shell, BP and TotalEnergies have announced plans to increase oil and gas production in the next decade. This…
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Türkiye begins drilling operations in the Black Sea
Inspenet, October 7, 2023. Türkiye Petrolleri AO (TPAO), the leading national company in the oil and gas industry in Turkey, has launched the drilling of a…
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Mexico and Australia join forces to produce oil
Inspenet, October 6, 2023. Last Tuesday, the Government of Mexico announced that an Australian company will make a significant investment in collaboration with the state company…
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Neptune Energy began drilling the Ofelia well
Inspenet, October 5, 2023. Neptune Energy reported that it has begun drilling operations at the Ofelia appraisal well, located in the Norwegian North Sea region. The…
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ExxonMobil withdraws from Guyana oil block
Inspenet, October 3, 2023. The oil giant ExxonMobil reported that it has decided to suspend its exploration efforts in the Kaieteur Block, located in the deep…
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Exxon to increase manufacturing of petroleum products
Inspenet, October 2, 2023. ExxonMobil is in a process of diversifying its operations due to environmental challenges and the transition towards more sustainable energy sources that…
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Britain approves drilling of Rosebank field in North Sea
Inspenet, September 28, 2023. Last Wednesday, Britain gave the green light to an oil and gas project in the North Sea, dismissing warnings from the scientific…
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Today the XIX SLOM Conference begins in Brazil!
Inspenet, September 27, 2023. Today begins the XIX Conference of Maritime Oil Terminal and Monobuoy Operators in Rio de Janeiro, Brazil; event that will lead to…
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Ecuador has exported almost 20 million barrels of crude oil in “spot” mode
Inspenet, September 26, 2023. The state company Petroecuador announced that between January and August of this year it has exported a total of 18.3 million barrels…
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USA: Plan to reduce crude oil extraction blocked
Inspenet, September 25, 2023. Chevron, Shell Offshore and the state of Louisiana, USA have filed a lawsuit with the aim of annulling the reduction in the…
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Petroecuador: 11 companies seek to exploit the largest gas field in Ecuador
Inspenet, September 23, 2023. Last Friday, Petroecuador announced that a total of eleven companies have expressed interest in participating in the tender to operate and improve…