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Petrobras sells stake in Brazilian offshore field to Petro Rio

PetroRio now serves as the operator of the Albacora Leste field, with a 90% stake.

QatarEnergy set to join TotalEnergies and Eni consortium in Lebanon

QatarEnergy is anticipated to hold a 30% stake in the consortium while TotalEnergies and Eni will own 35% stakes each.

Imperial Oil to build $560m renewable diesel facility in Canada

To be commissioned in 2025, the new project will have a production capacity of 20,000 barrels of renewable diesel per day.

Exclusive: How just 25 oil companies are set to blow the world’s 1.5°C carbon budget

A new Energy Monitor investigation reveals how Big Oil’s extraction plans continue to fly in the face of climate science.

French bank to cut 80% of oil extraction and production funding by 2030

The bank discontinued funding oil extraction and production projects in 2016 to fulfil the climate goals and reduce carbon emissions.