News
Indonesia and Saudi Sign $27B Oil and Gas Investment Deals
During Indonesian President Prabowo Subianto's visit to Saudi Arabia this week, the two countries inked preliminary agreements for investments totalling...
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Oil Prices Surge 3 Percent Amid Iran Move and US deal
Oil prices went up 3% on Wednesday because Iran stopped working with the U.N. nuclear inspectors and the U.S. and...
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Germany Allows Drilling in North Sea Protected Marine Zone
In a recent move, Germany has gone ahead and given the green signal for drilling almost 13 billion m³ of...
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Crude Oil Prices Rise Ahead of OPEC Production Update
On Tuesday, oil prices went up a little bit as investors looked at good demand signs and were careful before...
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OPEC Warns of 2030 Oil Market Shortage Without Investment
The Organisation of Petroleum Exporting Countries (OPEC) predicts that if investment in the global upstream sector ceases, there would be...
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Shanghai Pioneers Ship-to-Ship Transfer of LCO₂ Emissions
Shanghai has successfully completed the first ship-to-ship transfer of liquid carbon dioxide (LCO₂) that was taken from a ship's emissions. ...
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KOC Advances GCC Energy Infrastructure Security Plans
Nasser Al-Buhairi, the Director of the Health, Safety, and Environment Department at Kuwait Oil Company (KOC), stressed the need to...
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LNG Canada Export Launches First Shipment to Asia
A Shell-led LNG Canada spokesperson announced on Monday that Canada's first-ever LNG export shipment has left the country's Pacific Coast...
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Indonesia Targets 1M Barrels of Oil Production by 2029
Deputy Minister of Energy and Mineral Resources (ESDM) Yuliot Tanjung is aiming to achieve the target of raising oil production...
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UK Launches the Largest Oil and Gas Producer, Adura
The name for the UK North Sea's largest independent oil and gas producer has been announced today, signifying a major...
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