Oil and Petrochemicals
Britain Finally Establishes Oil Wealth Fund
Britain is investing in renewable energy and low-carbon infrastructure by creating an energy wealth fund worth £2 billio...
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Oil and Petrochemicals
DOF Group Secures Deepwater Installation Contract in Africa
DOF Group has received a deepwater installation contract in Africa worth between $15 million and $25 million. This proje...
Economy
Ofgem's Approval to Maintain Gas Import Capacity from Europe for Britain
The UK's energy market regulator, Ofgem, has announced its agreement to enhance gas import capacity through European con...
Oil and Petrochemicals
QatarEnergy Signs Long-Term LNG Purchase Agreement with Cheniere
QatarEnergy has agreed to purchase 4 million tons of liquefied natural gas from Cheniere Energy until 2054. This contrac...
Oil and Petrochemicals
Santos recorded a production of 26.3 million barrels of oil equivalent in the third quarter
In the third quarter of this year, Santos produced 26.3 million barrels of oil equivalent (MMboe), which is a 14 percent...
Economy
The European Commission reported no physical shortage of diesel and jet fuel in Europe
The European Commission announced that there is currently no physical shortage in the supply of diesel and jet fuels on...
Oil and Petrochemicals
The U.S. Energy Information Administration Reports an Increase of 77 Bcf of Natural Gas in Underground Reserves
The U.S. Energy Information Administration reported that for the week ending October 16, 77 billion cubic feet (Bcf) of...
Analysis
Iranian Hardliners Emphasize Development of Nuclear Weapons Amid War with the U.S.
Iranian hardliners continue to develop nuclear weapons in the midst of war with the United States. These developments co...
Economy
The Impact of El Niño on the Natural Gas Market in November
Forecasts suggest that El Niño may affect natural gas demand in key regions. These weather changes could cause fluctuati...
Oil and Petrochemicals
Change in the Pricing Basis for the Feedstock of Lavan Oil Refinery
Lavan Oil Refinery announced the issuance of a new guideline for calculating the feedstock and petroleum products pricin...
Economy
Increase in Natural Gas Prices in Europe to 90 Euros per Megawatt Hour
Natural gas prices in Europe have reached their highest level since December 2022, raising concerns about gas supply in...
Oil and Petrochemicals
Approval of Jackdaw and the Future of Drilling in the North Sea
The approval of the Jackdaw project with a capacity of 200 million barrels of oil opens new horizons for drilling in the...