Moldova’s parliament has declared a national state of emergency for 60 days starting 16 December 2024, in anticipation of a potential cutoff of Russian gas supplies from 1 January 2025.
Rosneft has entered into an agreement with Reliance, an Indian private refiner, to supply close to 500,000 barrels per day of crude oil.
Saipem has received contracts for two major projects related to the transportation and storage of CO2 in the UK.
Ecopetrol, Colombia’s majority state-owned energy company, has announced the signing of five agreements with Parex Resources to enhance oil and gas production in the South American country.
Sound Energy has confirmed the completion of the transaction for the partial divestment of its Moroccan assets through the sale of its entire issued share capital in Sound Energy Morocco East Limited to Managem for a total value of up to $45.2m.
Sinopec has secured the International Organization for Standardization’s (ISO) approval for China’s first heavy oil technical specification.
Nigeria’s Dangote Refinery has announced its inaugural petrol export to Cameroon, marking a significant milestone in regional energy integration.
Global energy technology firm SLB has secured a contract from Petrobras for delivering integrated services across all its offshore fields in Brazil.
OMV has announced the immediate termination of its long-term natural gas supply contract with Gazprom Export due to multiple fundamental breaches of contractual obligations.
The Organization of the Petroleum Exporting Countries (OPEC) has reportedly reduced its 2024 global oil demand growth forecast for the fifth consecutive month, marking the largest cut so far.
