OPEC sticks to 2025 & 2026 global oil demand growth forecasts
With Brent crude trading lower at USD 76 per barrel following the release of the...
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Eyeing oil production boost, Libya to go for license bidding in 2025
Ahmet Turkoglu highlighted Libya’s offshore energy sector as a promising area for exploration and development, describing existing fields and brownfields...
OPEC slashes global oil demand growth forecast for 2025
The global demand growth forecast for 2025 was also lowered by OPEC to 11.4 million barrels per day...
SOCAR Türkiye optimises group benefits through trade: Fuad Ibrahimov
SOCAR Türkiye is the only private sector player bringing in gas to the country from an alternative source...
Oil nudges up on escalating Ukraine war, signs of improving China demand
The rising conflict between Ukraine and Russia, two of the world's largest oil producers, seems to have helped prices...
Egypt in talks with foreign companies over long-term LNG purchases
LNG spot prices have recently increased to around USD 14.50 per million British thermal units, rising from approximately USD 12/mmBtu...