The Middle East's cargo fleet is set to expand with eight new oil and gas tankers being built by a Korean company, aiming to meet customers' fuel demand.
ADNOC and Aramco want to hedge against global energy volatility
Authorities in Germany have decided to close a hydrogen refueling station after a fire broke out following an explosion.
Chevron, a US-based company, is expanding its oil and gas operations in Equatorial Guinea.
EACOP aims to connect Ugandan oilfields to Tanzania's port for export. The project has faced delays due to environmental concerns and funding issues. However, Standard Bank's $5 billion investment has revived the project, though opposition remains strong.
Despite ongoing Western sanctions, Iran's oil exports continue to reach around 15 countries worldwide, and the country is attracting significant investment in its oil sector.