Blog
ARAMCO MAKES NEW OIL AND GAS DISCOVERIES.
Saudi Aramco has just made a series of groundbreaking oil and gas discoveries in the Eastern Province and the Empty Quarter, unlocking vast new resources that will solidify Saudi Arabia's dominance in the global energy sector. These findings, including six oilfields, two oil reservoirs, and major natural gas fields, showcase the Kingdom's untapped potential, with significant flow rates of both crude oil and gas. This announcement not only highlights Aramco's continued excellence in exploration but also signals a strong future for Saudi Arabia's energy leadership, making it a must-watch development for anyone invested in the future of global energy.
- 1 year, 4 months
US EIA WARNS OF LOWER OIL DEMAND FROM TARIFFS AND TRADE UNCERTAINTY.
The EIA has lowered its 2025 oil demand growth forecast to 900,000 bpd, down from 1.2 million bpd, citing trade tensions and tariffs. Oil prices are expected to drop, with Brent crude averaging $67.87 per barrel. OPEC+ is expected to increase supply, leading to a potential surplus and price pressure.
- 1 year, 4 months
INVEST IN AFRICAN ENERGY (IAE) 2025 TO HOST PANEL ON ADVANCING AFRICA’S LNG POTENTIAL.
Invest in African Energy (IAE) 2025 will host a high-level panel focused on unlocking Africa’s LNG potential by addressing key infrastructure, regulatory, and investment challenges. Industry leaders will explore strategies to accelerate project development and align LNG growth with both export goals and domestic energy needs.
- 1 year, 4 months
SHELL CUTS GAS OUTPUT FORECAST AMID CYCLONES AND MAINTENANCE ISSUES.
Shell has cut its first-quarter gas and LNG production forecasts due to unplanned maintenance and severe weather disruptions in Australia. Despite the challenges, the company remains focused on expanding its oil and gas operations while aiming to boost shareholder returns.
- 1 year, 4 months
PAKISTAN AND TÜRKİYE SIGN OFFSHORE OIL AND GAS EXPLORATION PACT.
Pakistan and Türkiye have signed a joint bidding agreement to explore 40 offshore oil and gas blocks in Pakistan. The deal aims to attract foreign investment and strengthen energy cooperation between the two countries.
- 1 year, 4 months
SHELL COMPLETES ACQUISITION OF PAVILION ENERGY.
Shell has completed the acquisition of Pavilion Energy, integrating its LNG supply contracts, regasification capacity, and bunkering operations into Shell’s portfolio. This move strengthens Shell’s position in the LNG market and supports its strategy to grow LNG sales by 4-5% annually through 2030.
- 1 year, 4 months
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