| | | | | | The group—including key members like Saudi Arabia and Russia—aims to balance market stability and manage surplus as it concludes the 2023 cut reversal, with a potential pause in further increases after September due to geopolitical tensions. |
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| The deal includes interest in the Chevron-operated Aphrodite natural gas field, which is estimated to contain 104 bcm of gas resources. |
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| | | | Indian Oil Corp. Ltd. is progressing with completion of major capacity expansions at its Panipat, Koyali, Barauni, and Paradip refineries, with full commissioning of the projects scheduled for startup by yearend 2026. |
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| | TotalEnergies will add to its renewables portfolio, including solar and wind assets in Italy and the Netherlands, with completion expected later this year. |
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| | | | The recent discovery of gas in the Sandia-1 well, located 42 km offshore Colombia, underscores Petrobras's ongoing exploration efforts and the area's promising offshore gas prospects near existing wells. |
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| | | | The drilling campaigns in Guyana's offshore fields highlight ExxonMobil's commitment to expanding its exploration portfolio in the region. |
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