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Oil & Gas

IRAQ AND SYRIA EXPLORE REVIVAL OF BANIAS CRUDE PIPELINE .

Iraq and Syria have agreed to explore the revival of the Banias pipeline to export Iraqi crude through Syrian and Lebanese territories.

  • 12 months
Oil & Gas

OCTANT ENERGY ADVANCES DRILLING PLANS IN TANGA, PROMOTES LOCAL PARTICIPATION.

Octant Energy Tanga Limited has identified eight potential drilling sites in the Tanga Block following successful seismic data analysis and is now assessing local service providers to support the project. PURA praised Octant for prioritizing Tanzanian participation in line with the 2015 Petroleum Act and pledged continued support for the initiative.

  • 1 year
Oil & Gas

STRENGTHENING THE LINK BETWEEN NATURAL GAS AND AGRICULTURE FOR TANZANIA’S ECONOMIC GROWTH.

The natural gas and agriculture sectors are closely linked, and stronger collaboration between them can significantly boost Tanzania’s economy. PURA is actively working with partners to ensure high-quality agricultural products meet the standards needed by energy companies, supporting both sectors’ growth.

  • 1 year
Energy Policy & Regulation

CALIFORNIA LEANS TOWARDS THE GULF’S ENERGY TRANSITION MODEL .

Few eco-warriors have thrown themselves more enthusiastically into the energy transition than Gavin Newsom, the governor of California.

  • 1 year
Energy Policy & Regulation

TED CRUZ TO HIGHLIGHT US-AFRICA ENERGY COLLABORATION AT AEW 2025 .

Senator Cruz will address African Energy Week 2025, focusing on strengthening U.S. engagement in Africa's energy sector.

  • 1 year
Oil & Gas

OIL PRICES CLIMB AS U.S. - CHINA TARIFF TRUCE EXTENSION LIFTS TRADE HOPES.

Oil markets gained momentum after the United States extended its tariff truce with China, easing fears of a deepening trade war between the world’s two largest economies. With the pause now pushed to November 10, markets are increasingly hopeful that a broader trade agreement could be within reach, potentially averting economic disruptions that would impact global fuel demand. The move comes at a crucial time, as U.S. retailers prepare for the peak holiday shopping season. Alongside growing expectations of a U.S. interest rate cut in September and cautious optimism around a pending Trump-Putin meeting over the Ukraine conflict, oil traders are weighing a complex mix of economic and geopolitical signals. But for now, the détente between Washington and Beijing is offering some welcome stability to a market long rattled by uncertainty.

  • 1 year