TFG Marine, the joint venture between Trafigura Group Pte, Frontline, and Golden Ocean, announced on Monday, December 2, the successful completion of its acquisition of a majority stake in Spanish…
Energy Category
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Oil marketing companies (OMCs) in India update petrol and diesel prices daily at 6 a.m. to maintain transparency amidst the volatile nature of these essential commodities. These price revisions reflect…
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India is set to dominate oil and gas transmission pipeline expansion in Asia, with the country projected to contribute over 40% of the region’s total pipeline length additions by 2028.…
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On December 2, petrol and diesel prices in Bhubaneswar saw an increase, with petrol rising by 28 paise to Rs 101.39 per litre and diesel climbing to Rs 92.96 per…
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Starting December 3, Chevron Philippines, Seaoil Philippines, and Shell Pilipinas will increase gasoline prices by P0.90 per liter, marking the second consecutive week of price hikes for the fuel. In…
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The Ministry of Petroleum and Natural Gas (MoPNG) has announced a reduction in the domestic natural gas price to $7.29 per million metric British thermal units (mmBtu) on a gross…
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Czechia has confirmed it will not request an extension for its exemption from the European Union’s ban on Russian oil product imports, set to expire on December 5. This decision…
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The conclusion of COP29 in Baku has left climate advocates disillusioned, as the outcomes fall short on multiple fronts. A key decision, which states that developed nations will provide $300…
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To address the escalating gas crisis disrupting industries, Bangladesh’s interim government will launch international tenders for offshore gas exploration on December 9, with onshore explorations, including hilly regions, set for…
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Abu Dhabi National Oil Co. (ADNOC) is intensifying its mergers and acquisitions (M&A) activity, with two high-profile targets in its sights: German chemicals giant Covestro and Austria’s integrated energy firm…