T o grasp the ambition behind Africa’s new oil and gas exploration, consider three projects under way at TotalEnergies, a French supermajor. In Uganda it is building the worlds ...

Morgan Stanley expects every European oil company to cut their buybacks — except BP, which has already reduced them. “Most firms will suspend share repurchases altogether if oil prices fall below $50 ...

TotalEnergies SE said it sees limited growth in oil production outside the OPEC+ alliance after next year, while global consumption will continue to climb to the end of the decade.

TotalEnergies SE reported a big jump in net debt in the second quarter as the French energy major posted falling profit and pointed to an oil market that’s being hurt by slower economic growth. Net ...

Total is seeking to sell stakes in a number of Angolan oilfields, in what is seen as an early sign of an expected wave of divestments by big energy companies from the West African country, industry ...

The world’s top oil consumer in 2024 was the U.S., according to the Energy Institute’s (EI) latest statistical review of world energy, which was released recently. Demand in the country hit 18.995 ...

State run KazMunayGaz will boost exports after receiving higher share of equity production from Western-led developments this ...

Russian oil pipeline monopoly Transneft and producer Rosneft have reached a settlement with Total over dirty oil supplies to the French company's Leune refinery in Germany, Transneft said on Tuesday.

China's crude oil production is projected to remain above 200 million tons in 2025, similar to 2024 levels. India's oil demand growth surpassed China's in 2024 and is expected to continue to do so in ...

FILE PHOTO: A view shows oil pump jacks outside Almetyevsk LONDON (Reuters) - Russia's oil pipeline monopoly Transneft has warned producers they may have to cut output following Ukraine's drone ...