OTC Asia 2026

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      UAE accelerates plan to increase its oil production capacity

      The United Arab Emirates is accelerating a plan to raise its oil production capacity, according to people familiar with the matter, as it tries...

      INEOS and partners approved to develop Solsort field offshore Denmark

      INEOS and its partners in the Solsort Unit, Danoil and Nordsøfonden, have agreed on Final Investment Decision regarding the development of the Solsort West...

      Allseas lands major Mexico pipelay contract

      Allseas has been awarded a substantial construction contract by TC Energy for a major offshore pipeline delivering natural gas to southeast Mexico. Our state-of-the-art pipelay vessels will...

      Oil Demand Rises In China As Refiners Ramp Up Production

      In anticipation of greater demand and a potential increase in fourth-quarter gasoline exports, at least three Chinese state-run oil refineries and a privately owned...

      Time To Tell If New Energy Policies Are Effective In Europe

      Another historic week has passed for the European energy markets, with policymakers taking the lead in defending consumers and companies from skyrocketing energy costs. Although...

      Concerns Over A Supply Shortage Drive Higher Oil Prices

      On September 13th, tumultuous trading saw oil prices rise as concerns over limited fuel supply ahead of the winter season outweighed investor worries about...

      Iran Eyes Russia-Sized Vacuum In The European Oil Market

      If Iran is able to reach an agreement with global powers over its nuclear programme, it will attempt to fill the gap left by...

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