Continental Resources Expands Permian Footprint
Continental Resources is getting substantially bigger in the Permian Basin. The privately held oil producer has agreed to acquire FireBird Energy II, adding roughly 54,000 …
Read Full ArticleNorway’s Oil Output Falls Nearly 200,000 Bpd as Gulf Supply Crisis Drags On
Norway’s crude oil production averaged 1.776 million barrels per day in July, according to preliminary figures from the Norwegian Offshore Directorate. The country also produced …
Read Full ArticleThe Caspian Sea Is Now a Critical Military Lifeline for Russia and Iran
The Caspian Sea is emerging as a potentially important logistics corridor in the expanding military relationship between Russia and Iran as they look to move …
Read Full ArticleTajikistan Turns to Iran for Oil as Russian Fuel Supply Collapses
Central Asian nation Tajikistan has requested from Iran to import Iranian oil and petroleum products as the fuel crisis in Russia has choked supply from …
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Asia to dominate global butadiene capacity additions by 2030
Heavy demand for synthetic rubber from automotive tire manufacturing industry drive butadiene capacity additions in Asia.
Read Full ArticleBeijing Bets on Fossil Fuels Even as It Leads the World in Renewables
China has become the world’s largest renewable energy producer by accelerating the rollout of solar, wind, and battery storage projects, while in recent years it …
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Asia to spearhead global upcoming conventional refineries growth additions by 2030
Asia is expected to lead global conventional refinery capacity additions during 2026 to 2030, supported by new build and expansion projects.
Read Full ArticleCoal India Ventures into Critical Minerals Trading
Coal India, the world’s single largest coal producer, has applied to establish a trading office in Singapore to trade critical minerals and iron ore in …
Read Full ArticleUK Conservatives Claim Net Zero Rollback Could Save Families £540 a Year
The Conservatives have said that households could save about £540 a year after 2030 if net zero regulations are scrapped, with a commitment to make …
Read Full ArticleCoking Coal Prices Surge 25%, Squeezing India's Steelmakers
Indian steelmakers are reeling from a jump in coking coal prices this year that is squeezing their margins and delaying capacity expansion in the steelmaking …
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DeepOcean connects Teal West field to Anasuria FPSO in North Sea
DeepOcean has completed subsea construction and tie-in operations for the Teal West development, an offshore oil and gas project situated in the Central North Sea …
Read Full ArticleADNOC Issues Ninth Spot Crude Tender Since June as UAE Boosts Exports
Abu Dhabi National Oil Company (ADNOC) has just issued its ninth spot tender offering crude oil to buyers for October and November loadings, as the …
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