Oil&gas

OPEC+ Members to Undergo Annual Oil Capacity Audit

OPEC+ members will implement a new annual oil capacity audit to improve transparency, ensure accurate production capabilities, and strengthen market stability

Oil1 week agoby Tilottama Banerjee 94

Saudi Energy Minister: New OPEC+ Plan Stabilizes Markets

Saudi Energy Minister highlights how the new OPEC+ production mechanism aims to stabilize global oil markets, ensuring balanced supply and reducing volatility

Oil1 week agoby Tilottama Banerjee 65

Aramco’s $28B Q3 Profit Highlights Strength Amid Volatile Oil Market

Aramco’s $28B Q3 profit showcases its resilience and financial strength, reflecting robust performance and stability amid a volatile global oil market

Oil1 month agoby Tilottama Banerjee 148

Middle East Oil Firms Go Global: Expanding from Africa to Asia

Discover how Middle Eastern oil firms are expanding globally from Africa to Asia, diversifying investments, and reshaping the global energy landscape and growth

Oil1 month agoby Tilottama Banerjee 208

Sovereign PPG Reveals Gulf Energy Investor Pathways Before ADIPEC

Sovereign PPG unveils strategic investor pathways across the Gulf energy sector ahead of ADIPEC 2025, highlighting regional investment trends and opportunities

Oil1 month agoby Tilottama Banerjee 502

Bahri Renews 10-Year Crude Oil COA with S-Oil Corporation

Bahri has renewed its 10-year Contract of Affreightment (COA) with S-Oil Corporation to transport crude oil cargoes, strengthening long-term partnerships and energy

Oil2 months agoby Tilottama Banerjee 265

Iraq’s Rising Oil Exports Add Risk to the Global Oil Market

Iraq’s oil exports are reshaping supply dynamics, increasing global market risks. Explore how growing output impacts prices, geopolitical stability, and energy

Oil2 months agoby Tilottama Banerjee 317

BP Names Albert Manifold Chairman Amid Strategy Modification

BP, the British oil and gas giant, appoints Albert Manifold as chairman, signalling a major leadership shift amid its ongoing strategic revamp and energy plans

Oil4 months agoby Tilottama Banerjee 500

ADNOC Announces Transfer of 24.9% OMV Stake to XRG Unit

ADNOC announces the transfer of its 24.9% shareholding in OMV to XRG, aligning with its global growth strategy and international portfolio consolidation plans

Oil5 months agoby Tilottama Banerjee 485

OPEC+ to Boost Oil Production by 548,000 BPD in August

OPEC+ plans to increase oil production by 548,000 barrels per day in August, aiming to stabilize global energy markets and meet rising demand amid economic recovery

Oil5 months agoby Tilottama Banerjee 469