Category : Search result: Brazil oil exploration


OPEC+ 2025 Oil Output Policy: A Review

OPEC+ surprised markets in 2025 by hiking oil production. Discover how this strategy fared, the role of Trump's return, and what's next for global oil prices.

ESA Secures Record €22.1 Billion Space Budget

The European Space Agency secures a historic €22.1 billion budget to boost space independence, fund new rockets, and launch missions to Mars and Saturn's moon. Discover Europe's ambitious space plans.

COP30 Ends with Watered-Down Climate Deal

UN climate summit in Brazil concludes with diluted agreement on fossil fuels. EU accepts voluntary measures as developing nations demand more climate finance. Read the full analysis.

US MOSOP: Exclude Ogoni from oil block bids

MOSOP USA calls for Ogoni oil blocks removal from bidding rounds to protect fragile peace process. Federal Government urged to prioritize reconciliation before oil resumption.

Reps Panel Vows to End Oil Revenue Leakages

House of Representatives committee pledges to halt massive revenue losses in Nigeria's oil and non-oil export sectors, aiming to recover billions lost annually through systemic leakages.

Emadeb Records First Oil Production from Ibom Field

Emadeb Exploration and Production Company Limited has commenced commercial oil production from Ibom Field PPL 236, marking a significant milestone for Nigeria's upstream oil sector and indigenous operators.

BHP liable for Brazil mine disaster: UK court

British court rules BHP responsible for 2015 Brazil dam collapse that killed 19, unleashed toxic mud. Mining giant faces potential £36 billion compensation claim. Full details on the landmark environmental case.

Nigeria loses $15bn annually to oil theft

Experts reveal Nigeria loses $15 billion yearly to oil theft, undermining Tinubu's reforms and economic growth. Urgent action is needed to secure the nation's energy future.

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