Rumors about China not moving ahead on the development of the crucial West Karoun oilfields are incorrect.
The partners in the Leviathan project believe it is the largest natural gas reservoir in the Mediterranean and one of the largest producing assets in the region.
Limiting how much coal countries can burn is considered an urgent priority for restraining global heating.
SINGAPORE: China is expected to import a record amount of crude oil in 2023 due to increased demand for fuel as people travel more following the dismantling of COVID-19 controls and as a result of new refineries coming onstream, analysts said
Oil And Gas Investments Hit $499bn In 2022 – Report
The world is not going to run out of oil or gas anytime soon.
Minister of State for Petroleum Division Dr Musadiq Masood Malik has said under the Pak-Russia agreement, oil and gas would start reaching Pakistan this year, which would help provide relief to people.
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the second time in three weeks, energy services firm Baker Hughes Co BKR.O said in its closely followed report on Friday.
The earthquake that hit Turkiye and Syria on Feb 6 was one of the deadliest in the two nations’ history. Apart from claiming more than 37,000 lives and leaving many others injured, which should be deeply mournful, the earthquake is also likely to affect the world economy by causing changes in logistics and transportation, even […]
As the 2023 New Mexico legislative session rolls up to its halfway point, the state’s volunteer legislators have reoriented themselves to the Roundhouse and caught up with where they left off at the end of the 2022 session.