Australia Diversifies LNG Exports Amid Weak Asian Demand
Australia diversifies its LNG exports by sending historic shipments to destinations outside Asia, such as Canada and Turkey.
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Increase in crude inventories puts pressure on oil
The sharp increase in U.S. crude inventories surprised the market and immediately put pressure on Brent and WTI prices.
Chevron resumes selling Venezuelan crude to Reliance in India
Chevron agreed a Boscan cargo for Reliance, and the shipment is sailing to India on the Ottoman Sincerity.
Canada prepares assistance for Cuba amid growing pressure from the United States
The Canadian government is considering providing support to Cuba as the island faces a severe fuel shortage caused by U.S. energy sanctions.
Woodside Energy strengthens its global position with $2.7 billion in profits
The company’s operational strength was evident after the close of fiscal year 2025.
India raises its reliance on foreign oil imports to nearly 89% of consumption
The country has imported peaks of 5.2 million barrels per day and is actively seeking to diversify its sources to reduce exposure to specific…
Saipem and Aramco Award Safaniya Field Project in Saudi Arabia
The company will install a 48-inch trunk line to strengthen the transport infrastructure in the Safaniya field.
Technip Energies Announces Award of Coral Norte Floating LNG Project in Mozambique
The global energy industry is focusing its attention on the East African coast following the formalization of strategic agreements for the expansion of gas…
DOI announced new regulations for the dismantling of oil platforms
The new regulation comes after a public consultation process that received more than 2,000 comments.
Kuwait opens its pipeline network to global funds in a major deal
Kuwait moves towards a 25-year pipeline concession to attract $7 billion in foreign investment.