Petronas is reportedly assessing its future in Argentina’s shale oil sector, potentially exiting its venture amid challenging economic conditions. The decision highlights growing uncertainties in the region’s oil landscape, impacting global investment dynamics.
ExxonMobil has announced a significant investment aimed at enhancing Australia’s natural gas production. This move is part of the company’s strategy to expand its energy portfolio and meet growing global demand for cleaner fossil fuels.
As COP30 approaches in Lula’s Brazil, advocacy groups are emphasizing the need to resist the dominance of fossil fuels. Strategies focus on sustainable energy transitions and mobilizing global voices to challenge corporate interests that hinder climate progress.
Argentina’s crude oil and natural gas production is approaching record highs, according to the Energy Information Administration (EIA). This surge reflects the country’s growing role as a key player in the South American energy landscape, driven by robust investments and technological advancements.
