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CNOOC MAKES ANOTHER MAJOR OIL DISCOVERY OFFSHORE CHINA.
CNOOC Limited has announced a significant oilfield discovery in the Bohai Sea off the coast of China, confirming more than 100 million tons of oil equivalent in-place volume.
- 2 years, 7 months
INDIA BUYS MORE U.S. OIL.
Stricter enforcement of sanctions on Russian crude oil has led to reduced exports to India. The volume of U.S. crude oil flowing to India in April is expected to be the highest since May 2023.
- 2 years, 7 months
NEW TECHNOLOGY IS FUELING AMERICA’S OIL BOOM
On March 11, 2024, the Energy Information Administration (EIA) confirmed that the United States has become the largest crude oil producer in history.
- 2 years, 7 months
SAUDI ARABIA: ARAMCO'S DIVIDEND INCREASE RAISES FINANCIAL CONCERNS.
Saudi Aramco raised dividends by 30% in 2023, despite a drop in profits due to an 18% decrease in the average price per barrel of Brent crude oil.
- 2 years, 7 months
BANGLADESH LAUNCHES LARGEST OFFSHORE EXPLORATION DRIVE IN A DECADE.
The government's recent actions signify a proactive approach to addressing Bangladesh's energy challenges.
- 2 years, 7 months
TECHNOLOGICAL BREAKTHROUGHS FUEL A BRIGHT FUTURE FOR TIDAL POWER.
Tidal energy production is recognized for its potential to provide vast amounts of clean energy, utilizing predictable tidal currents through methods like tidal streams, barrages, and tidal lagoons.
- 2 years, 7 months
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