Oil and Petrochemicals
Support of IEA Member Countries for Accelerating Oil Reserves Release
IEA member countries emphasized the acceleration of oil reserves release in their recent meeting. This action is aimed a...
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Oil and Petrochemicals
Increase in Natural Gas Prices in Europe Due to Intensified Military Attacks in the Persian Gulf
The price of natural gas in Europe has increased by 2.8% to €80.20 per megawatt-hour. Gas storage capacity in the Europe...
Economy
Increase in Greece's Trade Deficit in August 2026
Greece's trade deficit in August 2026 rose to 2.2 billion euros. This increase is due to a 17.7% rise in imports and a 2...
Economy
UK Retailers Call for Reduction in Green Energy Costs
UK retailers have warned John Healey that their electricity costs will rise by £440 million this year. Increased politic...
Oil and Petrochemicals
Natural Gas Futures Prices in the U.S. Drop Towards $3.10
Natural gas futures prices in the United States have decreased towards $3.100 per million British thermal units due to l...
Oil and Petrochemicals
India's Oil Imports from Venezuela Reach Highest Level in Seven Years by Reliance
India's crude oil imports from Venezuela reached 250,000 barrels per day in September. Reliance Industries leads these i...
Oil and Petrochemicals
Equinor Discovers 10.3 Million Barrels of Oil Equivalent in Gullfaks South Field
Equinor and its partners have successfully discovered between 3.3 and 10.3 million barrels of oil equivalent in the Gull...
Oil and Petrochemicals
EnerMech Signs Pre-Commissioning Services Contract with Subsea7 for Ginger Development
EnerMech has signed a contract with Subsea7 to provide pre-commissioning services for the Ginger development located off...
Oil and Petrochemicals
Increase in Industrial Natural Gas Demand in the United States by 2027
Industrial natural gas demand in the United States is rising due to increased manufacturing activities. This demand surg...
Economy
Masoud Pezeshkian, President, Departed for Turkmenistan
Masoud Pezeshkian, the President, has departed for Turkmenistan with the aim of strengthening bilateral relations. This...
Oil and Petrochemicals
Drilling Tools International Acquires Saltire Energy for $80 Million
Drilling Tools International is expanding its drilling equipment rental activities in the North Sea with the acquisition...
Technology
SLB Signs 15-Year Contract with TotalEnergies for Digital Well Planning Technology
SLB has recently signed a 15-year contract with TotalEnergies for the use of DrillPlan technology for well planning and...