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CPC resumes oil loadings from single mooring point at Black Sea terminal

 The Caspian Pipeline Consortium (CPC) said on Monday that it had resumed oil shipments from one mooring point at its Black Sea terminal following a major Ukrainian drone attack on November 29.The CPC, which includes Russian, Kazakh and U.S. shareholders, said on Saturday that the attack had halted operations because of serious damage to Single-Point […]

Responding to pressure from US, International Energy Agency forecast sees no end to oil demand

The International Energy Agency appears to have bowed to threats from the U.S. to pull its funding if the agency didn’t realign its forecasting toward unbiased, policy-neutral projections.  In the middle of the COP30 United Nations Climate Change Conference last month, the agency released its annual “World Energy Outlook.” Unlike previous iterations, the report doesn’t […]

Turkiye to sign multibillion-dollar energy, mineral deals with Pakistan this week

Turkiye is going to emerge as a key partner of Pakistani firms in the energy sector as the two countries are set to sign multibillion-dollar deals for offshore exploration and mineral projects this week. A high-level Turkish delegation, led by Minister of Energy and Natural Resources Alparslan Bayraktar, is arriving in Islamabad on Tuesday. Sources […]

Engineers India Ltd (EIL) Expands Global Engineering Footprint With Strong Multisector Growth

Engineers India Limited (EIL) has traveled one of the most remarkable growth journeys in India’s engineering and project management sector. Founded in 1965 with the vision of supporting India’s oil and gas infrastructure, EIL has transformed over six decades into a global engineering powerhouse delivering world-class solutions across energy, infrastructure, environment, and advanced technologies. From its early […]

Shell, Equinor Launch UK North Sea JV

Equinor ASA and Shell PLC have completed the combination of their oil and gas operations on the United Kingdom’s side of the North Sea. Launched Monday, Adura, the 50-50 joint venture, “will be the UK North Sea’s largest independent producer”, Norway’s majority state-owned Equinor said in an online statement. Adura includes Equinor’s 29.89 percent stake […]