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      Seadrill awarded $404 million in contracts for three Middle East jackups

      Middle East & South Asia
      The Seadrill West Leda was one of three Seadrill jackups recently contracted for work in the Middle East. Seadrill has been awarded three contracts...

      Quest For Russian Gas Options By Europe Hits Roadblocks

      Europe
      Europe is facing stumbling blocks in its potential alternative to Russian gas in the Middle East and North Africa, as negotiations with major suppliers...

      Biden Says Far Above Normal Refinery Profitability Not Fair

      America
      President Joe Biden called on U.S. oil refining businesses to increase production on June 15th, saying that customers should not be burdened by high...

      Central American Development Bank Grants $800mn Loan On Fuel Relief

      America
      On June 3, a Central American development bank announced that it had authorised an $800 million credit to protect local countries against global fuel...

      From 27% In 2021, S.Korea To Push Nuclear Mix To 30% By 2030

      News
      The industry ministry announced on July 5th that South Korea intends to expand the share of nuclear power in the nation's energy mix from 27%...

      Oil Supply Is Expected To Trail Behind Demand Next Year

      News
      Following 3 years of COVID-19 lockdowns and the economic catastrophe of the Ukraine crisis, global oil demand will surge above pre-pandemic levels next year,...

      Oil purchases by China and India could exceed US estimates

      News
      According to one of President Joe Biden's economic advisers, China and India may be purchasing more Russian oil than the US previously thought, lessening...

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