Featured Oil & GasOil prices dip as OPEC+ agrees to gradual output hikesWebAdminSeptember 2, 2021 by WebAdminSeptember 2, 2021 Brent crude was down by 0.2%, at $71.43 a barrel on Thursday... Read more
Energy FeaturedPowerChina to build its first solar power plants in IraqWebAdminAugust 27, 2021 by WebAdminAugust 27, 2021 The company signed an agreement with Iraq’s Ministry of Electricity... Read more
Featured Oil & GasSaudi Arabia registers 20% drop in crude oil export in H1 2021WebAdminAugust 23, 2021August 24, 2021 by WebAdminAugust 23, 2021August 24, 2021 The output at oil refineries stood at 2.43 mn bpd during the first six months... Read more
Featured Oil & GasExxon makes new discovery at Whiptail in the Stabroek Block offshore GuyanaWebAdminJuly 29, 2021 by WebAdminJuly 29, 2021 The Whiptail discovery is located approximately 4 miles southeast of the Uaru-1 discovery... Read more
Featured Oil & GasOil prices decrease as Chinese crude import sends warning signalsWebAdminJuly 15, 2021 by WebAdminJuly 15, 2021 Experts warn if OPEC does not agree to raise supplies, high oil prices will lead to demand destruction... Read more
Featured Oil & GasOil prices soar to a three year high as OPEC+ abandons meeting without a dealWebAdminJuly 6, 2021July 6, 2021 by WebAdminJuly 6, 2021July 6, 2021 Several days of negotiations could not resolve a dispute between Saudi Arabia and the UAE... Read more
Featured Oil & GasUAE to become the first major oil exporter to target net-zero by 2050WebAdminJune 28, 2021 by WebAdminJune 28, 2021 The UAE announced its plan before its meeting at the Glasgow climate summit and it could achieve its target while continuing to sell oil and gas... Read more
Featured Oil & GasBrent oil prices to pick up to $47 per barrel in 2021: IIFPritam BordoloiDecember 14, 2020 by Pritam BordoloiDecember 14, 2020 Higher global oil inventory levels and surplus crude oil production capacity to limit upward pressure on oil prices... Read more
Featured InsuranceMexico receives $2.5 bn from 2020 sovereign oil hedgeInternational Finance Business DeskDecember 7, 2020 by International Finance Business DeskDecember 7, 2020 The country will cash in on its oil price insurance, and it will be for the fourth time in the last two decades... Read more
Featured Oil & GasKuwait Oil Company set to award $754 mn contractsPritam BordoloiDecember 7, 2020December 7, 2020 by Pritam BordoloiDecember 7, 2020December 7, 2020 The contracts are part of KOC’s efforts to expand its drilling, exploration and development operations... Read more