Crude oil prices experienced a decline on Monday, moving away from the $68.64 mark and reinforcing bearish market expectations. Analysts are now targeting a test of $67.00 as the next…
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Brent oil prices dropped into negative territory yesterday, testing the $72.06 mark. A break below this level could trigger a continued bearish trend in both the short and intraday outlook.…
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On December 1, Azerbaijan’s state oil company, SOCAR, initiated natural gas supplies to Slovakia’s Slovenský plynárenský priemysel (SPP), the country’s largest state-owned energy operator. This move follows a short-term pilot…
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Panama is set to revoke the registration of six ships flying its flag following sanctions imposed by the United Kingdom last week. The Panama Maritime Authority announced the move as…
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Europe is depleting its natural gas reserves at the fastest rate in six years, as persistent cold weather and weak renewable energy output stress the continent’s energy systems. These conditions…
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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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Crude oil futures saw modest gains on Tuesday morning, with traders closely anticipating the OPEC+ meeting scheduled for December 5. As of 9:54 AM, February Brent crude oil futures rose…
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Ambuja Cements, part of the Adani Group, has entered into a strategic partnership with Coolbrook, a Finland-based technology and engineering company, to integrate zero-carbon heating technology into its cement manufacturing…
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TMK Energy has successfully doubled the gas production capacity at its flagship Gurvantes coal seam gas (CSG) project in Mongolia, following the commissioning of three new pilot wells over the…
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Elder statesman and businessman Morrison Olori has praised President Bola Tinubu’s efforts to increase Nigeria’s daily crude oil production, highlighting the positive outcomes of his leadership. Speaking in Abuja, Olori,…