Oil traders are focused on New Delhi’s buying after Washington doubled tariffs on many Indian imports to 50 percent to try to end the war in Ukraine. As part of the drive – which has not been matched by similar US action against China, another big importer – Treasury Secretary Scott Bessent accused the country’s wealthiest families of profiteering, and Navarro said the nation was fueling “the Russian war machine” and “nothing but a laundromat” for the Kremlin.
“Winning work in a new geography with a new client is an exciting development for our business. We’re proud to play a role in Malaysia’s latest exploration campaign, where reliable, high-quality seismic data is essential for guiding drilling and development decisions”, Charles Davidson Jr., CEO and Executive Chairman of PXGEO, said.
Ghana National Gas Limited Company (GNGLC) has dismissed reports circulating on social and traditional media suggesting that the planned maintenance shutdown of the Atuabo Gas Processing Plant was unsuccessful.
The meeting brought together key stakeholders, including the Minister for Energy and Green Transition, the Director-General of the State Interests and Governance Authority (SIGA), the Chief Executive Officer of the National Petroleum Authority, representatives from the Ministry of Finance, the Ghana Audit Service, the Board members of BOST and the management of BOST.
Transparency gives us a competitive edge in tenders. We have no outstanding debts, and our finances speak for themselves. We are known for being a boutique insurer. We don’t underprice or take on risk carelessly. Our rates reflect real value.
In the health segment, where we are a market benchmark, brokers often recommend us when competitors offer unsustainable quotes. Ultimately, the client’s choice prevails, but the broker’s role is to advise and protect.
“As co-chair of OEUK’s board, Phil’s guidance, passion, and generosity helped drive the North Sea Transition Deal and made sure the voice of our 200,000 people was heard by governments and politicians of all parties,” he added.
This week, state and private oil processors including Reliance Industries Ltd., Indian Oil Corp. and Bharat Petroleum Corp. bought more US West Texas Intermediate crude than normal, according to traders who asked not to be identified as they’re not authorized to speak to the media. The main driver was more favorable prices for the grade, which have weakened relative to Middle East benchmarks, they said.
The FPSO FEED contract involves engineering a gas FPSO for the Abadi gas field. This unit will process the gas and export dry gas via a subsea pipeline to the onshore LNG plant for liquefaction. The onshore LNG FEED contract includes designing two LNG trains and supporting infrastructure including a jetty, materials offloading facilities, and a logistics supply base. Dry gas from the FPSO will undergo impurity removal before liquefaction, storage, and offloading. The carbon dioxide (CO2) captured from the dry gas will be reinjected into the well.
Earlier this year Eni signed an agreement with Vitol to partner in Congo LNG and other producing and undeveloped oil and gas assets in Congo-Brazzaville and Cote d’Ivoire. The $1.65 billion transaction will see Vitol acquire a 25 percent stake in Congo LNG and 30 percent in the Ivory Coast’s Baleine field, where Eni has 77.25 percent, as announced by the companies March 19.
Over the past decade, the Gulf Cooperation Council (GCC), comprising Saudi Arabia, Qatar, the UAE, Bahrain, Kuwait, and Oman, has advanced bold strategies to reshape its economies by reducing reliance on oil while developing new sectors like renewable energy, tourism, financial services, and digital innovation. Charting a course toward long-term economic resilience, these nations have launched sweeping infrastructure projects and enacted reforms designed to attract foreign investment. And it has worked swimmingly, so far.