US crude stocks rise as refiners cut production
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1w ago
US crude stocks rose last week as refinery utilization slipped, the Energy Information Administration (EIA) said on Wednesday, as win ..read more
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Kazakhstan to decide on cuts after Opec+ meeting
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1w ago
Kazakhstan will make a final decision on oil production cuts after the next joint Opec+ meeting, the Central Asian country's Ener ..read more
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IEA comes under pressure to cut energy transition focus
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1w ago
The International Energy Agency's former oil industry and market chief criticised the agency's focus on the global energy tra ..read more
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Shell misses quarterly profit estimate; plans $3.5bn share buyback
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1w ago
Shell reported a drop in fourth-quarter profit on Thursday, missing estimates due to lower refining margins and LNG trading, while an ..read more
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Egypt confirms reserves of 8m barrels in Gulf of Suez well
Oil & Gas News
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1w ago
Egypt on Wednesday confirmed the discovery of oil reserves of at least 8 million barrels in the East Crystal-1 well in the Gu ..read more
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GCC non-hydrocarbon trade set for 3.5pc growth, says report
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1w ago
Global trade patterns are transforming significantly as new economic corridors emerge and traditional relationships evolve with the G ..read more
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IMI plans new $38m control valve facility
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1w ago
IMI, a world leader in flow control solutions, has unveiled plans for a new $38 million manufacturing facility in Lake Forest, Califo ..read more
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Engie boosts soft services portfolio, announces new tieups
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1w ago
Engie Solutions Middle East, a leader in integrated facility management solutions, has announced significant developments to its soft ..read more
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Mena set to attract $1 trillion in renewable energy investment
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1w ago
The Mena region is projected to attract over $1 trillion in renewable energy investments by 2030, creating new industries, jobs, and ..read more
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Adnoc confirms talks with OMV on new polyolefins group
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1w ago
Abu Dhabi National Oil Company (Adnoc) has confirmed that negotiations with OMV about the potential creation of a new global polyolef ..read more
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