Petronor stops Muskiz refinery due to electrical failure Simón González · February 24, 2026 The total shutdown of Petronor in Muskiz took place at 17.15 hours due to lack of electricity supply and activated the safety flares.
Chevron consolidates its advance in Iraq with an eye on West Qurna 2 Ruth Arteaga. · February 24, 2026 Chevron obtains exclusivity to negotiate its entry to the largest Iraqi oilfield after Lukoil's withdrawal due to U.S. sanctions.
Aramco completes first exports of ultra-light crude oil to the U.S. and India Joshua Falcón. · February 24, 2026 This move seeks to reach a constant production of 2 billion cubic feet per day by 2030.
Oil prices remain bullish amid US-Iran tensions Ruth Arteaga. · February 24, 2026 Nuclear talks and tariff measures push Brent and WTI to highs not seen since August.
Tullow Oil announces strategic agreement with Glencore to refinance debt Joshua Falcón. · February 24, 2026 With this maneuver, the company seeks not only to extend its payment terms, but also to establish a solid base for its operations in…
Capacity retirement delays could shape U.S. power generation in 2026 Simón González · February 24, 2026 Several power plant closures rescheduled in 2026 are again at risk of being postponed due to regulatory decisions and persistent energy demand.
Report projects high yields in strategic wells to set the pace in 2026 Joshua Falcón. · February 23, 2026 Everything will depend on the quality of the prospects selected suggests that the industry prefers technical precision over massive volume of transactions.
Shell moves forward with gas project in Venezuela after U.S. licenses. Simón González · February 23, 2026 The company expects to produce gas in three years and export it via Atlantic LNG in Trinidad.
Santos agrees to supply gas to Whyalla from 2030 onwards Ruth Arteaga. · February 23, 2026 The gas supplied will enable the Whyalla plant to be transformed through direct abatement technology, reducing emissions and securing jobs until 2045.
Advancing Venezuelan crude oil alters demand for Mexican fuel oil in the Gulf Ruth Arteaga. · February 23, 2026 Gulf refineries prioritize Venezuelan crude, displacing Mexican HSFO to the offshore blending market.