(Bloomberg) – Mexican state oil company Petroleos Mexicanos is putting a freeze on new contracts with service providers as the company works to pay off the roughly $20 billion it owes suppliers. SourceContinue Reading

(Bloomberg) – Suriname’s Foreign Affairs Minister Albert Ramdin said on Saturday his country’s emergence as a major oil producer could garner support for him to be voted in as the next Secretary General of the Organization of American States. SourceContinue Reading

China Discovers World’s Largest Gold Deposit Near Existing Mines | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Dec 01, 2024, 10:00 AM CST Livescience: the new deposit was uncovered at the Wangu gold field in the northeast of Hunan province. Scientists think...Continue Reading

GeoPark has announced the signing of Sales and Purchase Agreements (SPAs) with Repsol Exploración S.A. and Repsol E&P S.A.R.L to acquire Repsol upstream oil and gas assets in Colombia. SourceContinue Reading

Ecopetrol S.A. Board of Directors have approved the 2025 investment budget of the Ecopetrol Group for an amount between 24 and 28 trillion pesos, with more than half the approved budget earmarked for crude and gas exploration and production SourceContinue Reading

(Bloomberg) – French energy major TotalEnergies SE may greenlight a $750 million gas project in Nigeria next year, potentially signaling that the African nation’s efforts to revive investment in its hydrocarbon production are making progress. SourceContinue Reading

Argentina’s Vaca Muerta Shale Set to Hit 1 Million Bpd by 2030 | OilPrice.com Rystad Energy Rystad Energy is an independent energy consulting services and business intelligence provider offering global databases, strategic advisory and research products for energy companies and suppliers,… More Info Premium Content By Rystad Energy – Nov 30, 2024, 6:00 PM CST...Continue Reading

Gazprom Bets on China, Cuts 2025 Investments by 7% | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Nov 30, 2024, 4:00 PM CST The Russian giant is now prioritizing developments...Continue Reading

A Looming Supply Glut Could Undermine the Offshore Oil Boom | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – Nov 30, 2024, 2:00 PM CST Offshore oil...Continue Reading

Bank of England: Rising Trade Barriers Imperil Global Growth | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – Nov 30, 2024, 12:00 PM CST Bank of England:...Continue Reading