China’s Sinopec has a remarkable increase in oil production at its Jiyang shale field, boosting output from 100 tons per day in 2021 to 1,600 tons per day in 2024.…
Energy Category
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Oil prices opened Wednesday with tentative gains, rebounding from a significant decline experienced on Tuesday. The fluctuations in oil prices come as traders refocus their attention on the ongoing situation…
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Oil Marketing Companies (OMCs) have released updated petrol and diesel prices across major Indian cities today, maintaining a steady approach despite ongoing fluctuations in global crude oil prices. The prices,…
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Natural gas prices have recently begun to stabilize after reaching a low of $2.460 per unit. This sideways trading pattern follows the commodity’s effort to leverage the 55-day moving average…
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Crude oil prices experienced a significant decline today following that Israel is prepared to refrain from targeting Iranian oil facilities in its military response. This news had oil traders on…
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Oliver Zipse, the CEO of BMW, urged European regulators to reconsider their plan to ban new fossil fuel-emitting cars by 2035, citing concerns over reliance on China for battery supplies…
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Oil prices fell by 3% in early morning trading on Tuesday as Israel signaled a readiness to avoid targeting Iranian oil infrastructure, diminishing concerns about potential disruptions in oil supply.…
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Natural gas prices have experienced a decline, with current trading at approximately $2.480. This movement is accompanied by persistent negative momentum signals. The recent trend indicates that prices have remained…
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The China National Offshore Oil Corporation (CNOOC) has reported record-breaking production of crude oil and natural gas from its first independently constructed ultra-deepwater field, known as Deep Sea #1. The…
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The Independent Petroleum Marketers Association of Nigeria (IPMAN) is set to hold crucial meetings with Dangote Petroleum Refinery on Tuesday and Wednesday to negotiate costs associated with lifting petrol from…