Alberta reopens debate on pipeline to export crude oil to Asia
Alberta is considering reactivating a pipeline to the Pacific to increase Canadian crude oil exports to Asia.
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Equinor enters “efficiency mode” and reshapes its operating strategy
Equinor's adjustment reflects a change in cycle: less expansion, more operational discipline, cost control and a focus on the reliability of energy assets.
MOL Group strengthens its international presence with energy alliance in Libya
MOL and NOC activate technical and commercial cooperation for new oil projects and strengthen Eurasian energy supply.
“India exports fuel to Europe after ban on Russian crude oil products”
Oil major Reliance Industries completes India's first jet fuel export to Europe
Geopolitical relief knocks oil prices down 3%.
U.S. and Iran prepare talks in Oman as market reacts to possible diplomatic detente.
SLB to lead development of Mutriba field in Kuwait
Kuwait Oil Company commissions SLB to develop Mutriba, a complex reservoir with extreme conditions and high potential.
Phillips 66 beats forecasts and returns to positive territory thanks to improved margins
The level of capacity utilization remained close to the technical maximum, reflecting a stable operation.
PETRONAS secures long-term LNG supply with QatarEnergy
The agreement fixes stable volumes of liquefied natural gas for two decades and strengthens Malaysia's energy security.
Gulf stock markets rise on oil as Dubai records all-time highs
A survey showed that the UAE's non-oil private sector accelerated new business growth in January.
U.S. refineries face Venezuelan crude oversupply
The increase in exports from Venezuela exceeds the purchasing capacity of U.S. refineries and forces the company to seek new markets.