Europe5 months agoNorway’s Oil Export Earnings Surge 68% Amid Iran WarNorway’s crude oil export earnings surged 67.9% year-on-year in March to a record 57.4 billion kroner ($6.1 billion), primarily driven…
North America5 months agoOil Prices Steady as Traders Balance Diplomatic Progress With Physical ShortagesOil prices were flat in early Asian trade on Thursday as tentative signs of diplomatic progress between Washington and Tehran…
Middle East5 months agoIran Showing Signs of Capitulating Over Strait Of HormuzIran may halt its own oil shipments through the Strait of Hormuz for several days. Tehran is weighing a short-term…
Middle East5 months agoKuwait’s HEISCO reports formal award of $565mln KOC flowlines contractKuwait’s Heavy Engineering Industries & Shipbuilding Co. K.S.C (HEISCO) announced on Sunday that it has received a formal contract award…
Asia5 months agoSouth Korea says secures 273 million barrels of crude via routes outside Strait of HormuzSEOUL, April 15 : South Korea has secured 273 million barrels of crude oil from the Middle East and Kazakhstan…
Europe5 months agoRachel Reeves’ oil and gas windfall tax is blocking £17.5bn investment in North Sea, firms warnRachel Reeves has been accused of blocking £17.5billion of investment in North Sea oil and gas after shelving proposals to…
South America5 months agoPetrobras confirms hydrocarbon discovery in deepwater Campos basinPetrobras has confirmed a hydrocarbon discovery in the pre-salt section of the Campos basin, following drilling of an exploratory well…
Middle East5 months agoSaudi East–West crude pipeline back to full capacitySaudi Arabia has restored full pumping capacity on the 7mn b/d East–West crude pipeline and recovered production capacity lost at…
Africa5 months agobp to acquire 60% stake in Eco Atlantic’s Namibia offshore exploration blocksEco (Atlantic) Oil & Gas has signed an agreement to farm down a 60% participating interest in its offshore Namibia…
Europe5 months agoPolish Gov’t Flags Low Domestic Share in Offshore Wind as It Rolls Out Local Content FrameworkThe Polish government has introduced a new “local content” framework designed to increase the share of domestically generated value in…
