Some Indian banks have started to consider financing Russian oil trades that involve only non-sanctioned entities and sanctions-compliant pricing and payments.
Indonesia looks to unlock its upstream potential by offering more than 100 previously untapped oil and gas basins to global investors for exploration.
The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a draw of 1.9 million barrels in the week ending November 21. Crude oil inventories gained 4.4 million barrels in the week prior.
Oil prices recovered slightly in early Asian trading on Wednesday after falling to one-month lows in Tuesday’s session. Sentiment in markets remains bearish, with traders focused on a potential peace deal between Ukraine and Russia.
GAS Arabian Services has signed agreements worth USD 17.5 million to acquire stakes held by Afaq Al Mustaqbal in EagleBurgmann Saudi Arabia (EBKSA) and TCR Arabia (TCR), Gas Arabian Services said in a Saudi Exchange filing on Tuesday.
Iraq seeks a replacement for Lukoil at West Qurna 2 to protect exports and attract new foreign partners.
Nigeria’s Dangote has selected Honeywell UOP to provide technical services and support for a planned capacity expansion at the Dangote Refinery in the Lekki Free Zone in Nigeria, Reuters reported on Tuesday.
The country’s push to revive its dwindling oil fortunes is taking centre stage again as the state prepares to drill its first onshore exploration well in the Voltaian Basin during October 2026
Industry leaders highlighted how expertise developed in the UK Continental Shelf (UKCS) can be leveraged to support Africa’s energy growth, extending beyond traditional oil and gas projects to include sustainability and technological innovation at the Wider African Energy Summit this week. Speaking during the summit, Thomas Sommerstad, Sales Specialist Global at ABB, emphasized the importance […]
[SINGAPORE] Going global early has paid off for home-grown liftboat operator Jub Pacific, which has benefited from the post-pandemic rebound in global offshore oil and gas activity. Founded in 2018, the group provides specialised offshore marine services and manages a fleet of marine assets to support the oil and gas as well as renewable energy […]