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Shell divests partial interest in Orca project offshore Brazil
05 Feb 2026 05:08 GMT
By Oil & Gas Journal staff
Shell Brasil Petróleo Ltda., a … the Orca project offshore Brazil to the Kuwait Foreign Petroleum Exploration Co. ( … covering the BM-S-54 concession contract and the South … (30%) and Pré-Sal Petróleo SA (PPSA), as manager of …
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Trump, Colombian President Petro Hold Cordial Meeting
05 Feb 2026 03:25 GMT
… Embassy in Washington, Petro outlined the agenda covered … anti-narcotics operations and exploring pathways to bolster … Trump had openly criticized Petro for alleged failures in … , content, images,
videos, licenses, completeness, legality, or reliability …
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Venezuela Defies US Control on China Oil Pricing
05 Feb 2026 03:09 GMT
… resist American pressure on oil pricing with China … other countries" regarding oil price negotiations, media reported … privately held China Concord Resources Corp. are currently … initial petroleum sales and may authorize general licenses enabling …
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Venezuela Defies US Control on China Oil Pricing
05 Feb 2026 02:55 GMT
… resist American pressure on oil pricing with China … other countries" regarding oil price negotiations, media reported … privately held China Concord Resources Corp. are currently … initial petroleum sales and may authorize general licenses enabling …
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Nigeria saved N6tn through downstream oil reforms – FG
05 Feb 2026 01:09 GMT
… the NNPC CEO. Licences have also been issued … rather than exporting raw resources. Mohammed credited the downstream … direction. “We cannot license projects without understanding their … that Nigeria’s petroleum logistics infrastructure remains inefficient …
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Court nullifies revocation of Dawes oil licence
05 Feb 2026 01:09 GMT
… of Petroleum Resources and the Minister of Petroleum Resources was … the licence after approving evacuation of crude oil … oil from the field between 2016 and 2018, following the drilling … subsequent extensions; production permits; and the revocation notice …
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Is Trump Deluded About India No Longer Buying Russian Oil?
04 Feb 2026 23:19 GMT
… India would stop buying Russian oil, a statement the Indian … on Russia for discounted crude oil, especially since global prices … insist that India is still exploring a “middle-ground approach” … 42.
The move to offer concessions has drawn sharp criticism, as …
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Sable Offshore pursuing alternative shipping plan in federal waters as onshore pipelines remain tied up in court proceedings
04 Feb 2026 23:18 GMT
… the emergency permits to Sable Offshore. "This emergency special permit allows Sable … Villaseñor with the California Natural Resources Agency.
Despite those attempts to … hurdle to begin shipping crude oil from offshore oil platforms in the Pacific …
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U.S. regulator licenses deepwater port in Gulf for oil exports
04 Feb 2026 22:42 GMT
… – Texas GulfLink has received a license to build and operate a … S. to export our abundant resources faster than ever before,” … in nearshore waters.
The Louisiana Offshore Oil Port, or LOOP, is the … coast, received a federal license in April 2024 but has …
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Trump Signals Openness To China, India Investing In Venezuela's Oil, While Tightening Rules
04 Feb 2026 22:42 GMT
… out a new Venezuela-related oil license that lays out who … issued General License 46, which authorizes certain Venezuela-related oil activities. It … 303 billion barrels of proven oil reserves, among the largest in … ’s oil trade. But the new U.S. license makes …