CNOOC

Petrobras advances Equatorial Margin and auction expansion

21 clusters · 304 sources · last updated 1 day ago

Latest: Petrobras considers Belém a logistical base for Amapá oil exploration

Petrobras is advancing exploration in Brazil’s Equatorial Margin, specifically within the Foz do Amazonas Basin. Recent analyses indicate that the oil discovered in the Morpho well is of high quality, characterized as li

Uganda oil production and export development

4 clusters · 18 sources · last updated 5 days ago

Latest: Uganda petroleum projects reach advanced stages ahead of first oil

Uganda is advancing toward commercial oil production and global export, though the timeline for commencement has shifted. While previous estimates anticipated production by late September 2026, Finance Minister Henry Mus

Guyana ExxonMobil oil sector and economic developments

18 clusters · 36 sources · last updated 6 days ago

Latest: Guyana oil wealth fund reaches US$4.29 billion amid electricity crisis

In August 2026, ExxonMobil reported second-quarter earnings of $14.5 billion, driven by record output from Guyana’s Stabroek Block, which is producing approximately 900,000 barrels per day. The ExxonMobil-led consortium—

Uganda economic Tenfold Growth Strategy

7 clusters · 14 sources · last updated 9 days ago

Latest: Ugandan leaders urge regional economic diversification and infrastructure development

Uganda has introduced a “Tenfold Growth Strategy” aimed at expanding its economy from US$50 billion to US$500 billion. The strategy focuses on structural transformations, specifically moving from raw commodity exports to

Guyana oil cost recovery and gas development expansion

4 clusters · 14 sources · last updated 15 days ago

Latest: Exxon Guyana president rejects responsibility for nation-building

ExxonMobil has confirmed that the Stabroek consortium has recovered approximately US$55 billion in accumulated investment costs in Guyana, reaching this milestone two years ahead of the original schedule set under the 20