SOCAR Türkiye optimises group benefits through trade: Fuad Ibrahimov
SOCAR Türkiye is the only private sector player bringing in gas to the country from...
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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...
OPEC+ agrees to delay December 2024 output hike for one month
Due to a combination of rising supplies, weak demand, and declining prices, OPEC+ had already postponed the increase from October...
OPEC further trims global oil demand outlook for 2024 & 2025
OPEC maintained its prediction from September 2024 that the global economy would expand by 2.9% in 2025 and 3.3% in...
Oman’s public revenues see annual rise of 2.3% as oil earnings increase
In August 2024, Oman's public revenue in the second quarter decreased by 2% year over year to USD 16.1 billion...