The lesson governments appear to be drawing from this crisis is not ‘decarbonise faster’ or ‘drill more’; it is, reaching for whatever domestic resource is available...
TotalEnergies also sees its production growing significantly in the Q3, although exports will still be dependent on the situation along Strait of Hormuz...
In July, Dubai-based DP World added 700 lorries to its regional fleet, a move that will support up to 35,000 additional trips a month across the GCC...
Japan, the world's fifth-largest oil importer, got just 850,000 bpd of crude oil in April, against the established capacity of over 2.3 million bpd...
The development gives a major breather to QatarEnergy, which has been compelled to declare force majeure on its production activities due to the Iran war...