In Europe, Hungary and Slovakia have been the most vocal opponents of any further squeeze on Russian oil imports. The two Central European NATO members argue such a squeeze would compromise their energy security.
Britain and the United States are set to sign a sweeping agreement to accelerate nuclear power development during U.S. President Donald Trump’s state visit this week, marking what Keir Starmer described as the start of a “golden age of nuclear.” The accord, known as the Atlantic Partnership for Advanced Nuclear Energy, is designed to streamline […]
“Uncertainties surrounding supply routes also confirm that the more pipelines there are in the region, the more certain it is that there will always be enough energy,” Bacsa added.
Kuwait Petroleum Corp. is considering leasing part of its pipeline network to help fund a $65 billion investment plan that covers everything from upstream to petrochemicals, according to people familiar with the matter.
Malaysia Airlines has received days’ worth of sustainable aviation fuel (SAF) from Petroliam Nasional Bhd (Petronas), marking the delivery of the Southeast Asian country’s first locally blended SAF, the state-owned oil and gas company said.
XRG PJSC has taken over ADNOC Distribution PJSC, ADNOC Gas PLC and ADNOC Logistics and Services PLC, ADNOC said in a recent statement. ADNOC Drilling Co PJSC’s transfer was awaiting regulatory approvals, ADNOC said.
“The rapid ramp-up to peak production at the Jotun FPSO, alongside strong performance across our portfolio, puts us on track to meet our production target of around 430,000 boed in the fourth quarter of this year”, chief executive Nick Walker said in the statement.
This flagship APPO platform will bring together CEOs and senior executives from 19 African oil-producing nations to engage in strategic dialogue on regional collaboration, innovation, and sustainability in Africa’s petroleum sector.
During the launch, organisers and policy makers emphasised the need to leverage energy in driving socio-economic development, highlighting the theme for the event “Repositioning the Energy Sector as a Pillar of National Development,”.
“The world will not consume one less barrel of oil simply because Canada chooses not to provide it. That barrel will come from somewhere else,” Suncor chief executive Rich Kruger said at the hearing. Imperial Oil’s CEO noted the presence of other “vehicles and requirements” put in place to curb emissions of carbon dioxide in the country.