TEHRAN (Tasnim) – An adviser to the CEO of Iran’s New Towns Development Company for Legal, Real Estate and Investment Affairs on Saturday announced the signing of a joint memorandum of understanding (MoU) with Ghana in the field of construction of new industrial towns and cities.
A contentious move by Colombia’s first leftist President Gustavo Petro to end hydrocarbon exploration in the strife-torn Latin American country has exposed one of the domestic oil industry’s long hidden secrets of a crumbling social license.
A couple of times over the last few weeks, I have pointed out here that crude was looking for a direction.
Crude oil production worldwide fell to a seven-month low in January, dragged down by lower output in major producers Canada, Iraq, Russia, and Bahrain, data from the Joint Organizations Data Initiative (JODI) showed on Thursday.
The OPEC+ group will not be racing to react to this week’s oil price plunge and will wait for financial markets to calm down after the banking sector scare, consultants at Energy Aspects said in a note carried by Bloomberg on Thursday.
In 2021, India’s refining giant Reliance Industries announced plans to move most of its oil-trading staff from Mumbai to Dubai.
The world’s biggest international oil and gas firms continue to pledge lower-emission operations to supply the world with the hydrocarbons it needs and will need in the future.
Crude oil prices moved up today after the U.S. Energy Information Administration estimated an inventory draw of 1.7 million barrels for the week to March 3.
Energy shortages could have a more significant impact on the economy than originally anticipated.
(WO) – Increased demand for Add Energy’s drilling and well engineering services has led the company to set up a new office in Malaysia, headed up by a former ExxonMobil drilling engineer.