The tightening sanctions on Russia's oil exports are leading to increased freight costs for transporting Russian crude.
The OPEC+ group has decided that there is no need for a change in the next Joint Ministerial Monitoring Committee (JMMC) meeting.
U.S. domestic gas producers remain optimistic about gas as a fuel, despite current market challenges. They believe in its continued demand both domestically and internationally.
China's leading offshore contractor Offshore Oil Engineering Company (COOEC) soared to unprecedented financial heights last year, boasting sales revenue of 30.752 billion yuan ($4.3 billion).
A top executive from Africa Oil has been appointed to the board of Impact Oil & Gas, the privately owned explorer which is a partner in Total Energies’ huge Venus's discovery offshore Namibia.
Partnership strengthens companies’ commitment to pioneering sustainable aviation fuels.