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The well, designated GPR-1X, is located in the mature Abu Sannan fields and has demonstrated initial production rates of approximately 1,400 barrels of crude oil and 1mln cubic feet of gas per day Egy ......
The abrupt change in calculus for oil investors this week comes after months in which output increases from OPEC and its allies, a group known as OPEC+, have led to investor concern about future overs ......
In a monthly report, the Organization of the Petroleum Exporting Countries left its forecasts for global oil demand growth unchanged in 2025 and 2026 OPEC said on Monday it expected the global economy ......
Brent crude futures rose 34 cents, or 0.5%, to $73.57 a barrel SINGAPORE: Oil prices climbed on Tuesday on concerns the Iran-Israel conflict may intensify, raising the risk of further unrest and the p ......
EUPD Research projects that between 2025 and 2029, the European C&I solar segment will expand from 33 GW of annual installations in 2025 to over 40 GW in 2029, leading to an aggregated new C&I install ......
Brent crude futures slipped 6 cents to $66.41 a barrel SINGAPORE - Oil prices dipped a few cents on Monday but held onto most of last weeks gains as investors watched for U.S.-China trade talks in Lon ......
State oil firm Saudi Aramco will ship about 47mln barrels to China in July SINGAPORE - Saudi Arabias crude oil supply to China is set to dip slightly in July, trade sources said on Tuesday, but still ......
The facility would be Nigerias largest oil-backed loan to date and Saudi Arabias first participation of this scale in the country LAGOS/LONDON/BRUSSELS - Nigeria and Saudi Arabian oil company Aramco a ......
Budget deficit slashed OPEC oil producer Iraq spent nearly $19 billion on projects last year and it managed to slash its forecast budget deficit due to higher oil revenues. The state budget recorded a ......
Deal signed with Chinese firm The Iraqi Oil Ministry has reached an agreement with a Chinese energy firm to accelerate the development of the Al-Mansouriya gas field in Diyala province as part of effo ......