The latest round of Middle East OSP cuts was inevitable.
Arab Light remains the cheapest grade for any US buyer, assessed at a $5.15 per barrel premium to the Argus Sour crude index.
Iraq has slashed prices across all continents in the same vein that Saudi Aramco did.
Saudi Arabia’s new natural gas discoveries are no threat to Nigeria’s LNG business. This is according to Kayode Oluwadare, the Regional Energy Partner at Energy Compact.
Total Energies has signed an amendment to extend its partnership with Oman LNG for 10 years, the French energy giant announced on Thursday.
MUSCAT, March 27, 2023 – Oman has invited investors to bid on three local oil and gas blocks in its latest oil and gas licensing round, the Ministry of Energy and Minerals announced on Sunday.