News

Oil markets are now refocused on OPEC production as the geopolitical concerns dim somewhat following the Iran-Israel ...
Venezuela exported about 844,000 barrels per day (bpd) of crude and fuel in June, up 8% from May. The end of exports to the ...
A U.S. judge has ordered Argentina to transfer its controlling stake in YPF to former minority shareholders, escalating a $16 ...
Spain’s Repsol has agreed to sell for $425 million its 24% interest in the mature Corridor production sharing contract ...
A federal judge in New York ordered Argentina on Monday to sell its majority stake in oil firm YPF, the latest blow to Buenos ...
Indonesian oil and gas operator Medco Energi Internasional has reached an agreement with Spanish energy company Repsol E&P to acquire a 24% stake in the Corridor Production Sharing Contract (Corridor ...
The turnover of the shares comes after a Manhattan judge ruled in 2023 that Argentina owed $16 billion to former minority ...
Chevron Corp. and TotalEnergies SE are competing in Libya’s first energy exploration tender since the 2011 conflict, the ...
In terms of cash flow, the company maintains a leveraged FCF margin of 13.4%, with CAPEX representing 26.18% of sales, in ...
MedcoEnergi has agreed to acquire Fortuna International (Barbados), which holds an indirect 24 percent stake in the Corridor ...
Argentina’s 51% stake in YPF would partially satisfy a 2023 award for $16 billion that Argentina has yet to pay.
Repsol is working to restart a petrochemical complex in central Spain after it had to shut it down due to an external power supply failure, a spokesperson said on Monday.