ExxonMobil expects global oil demand to exceed 100 million barrels per day in 2050, a projection that diverges from the more cautious forecasts of the IEA and BP.
ExxonMobil expects global oil demand to exceed 100 million barrels per day in 2050, a projection that diverges from the more cautious forecasts of the IEA and BP.
Sinopec adjusts its crude processing by 1.6% for the second half of 2024, potentially impacting crude oil imports into China against a backdrop of falling demand.
Sinopec adjusts its crude processing by 1.6% for the second half of 2024, potentially impacting crude oil imports into China against a backdrop of falling demand.
An oil tanker managed by an Azerbaijani company uses the Northern Sea Route to China, a route dominated by Russian Sovcomflot vessels, despite high navigation costs.
An oil tanker managed by an Azerbaijani company uses the Northern Sea Route to China, a route dominated by Russian Sovcomflot vessels, despite high navigation costs.
Paret Mining LLC, headed by Emmanuel Fritz Paret, strengthens its position in the US energy sector with the acquisition of a 10,000-acre reserve in Kentucky, comprising oil and natural gas wells.
Paret Mining LLC, headed by Emmanuel Fritz Paret, strengthens its position in the US energy sector with the acquisition of a 10,000-acre reserve in Kentucky, comprising oil and natural gas wells.
In July, India became the biggest buyer of Russian oil, surpassing China, against a backdrop of Western sanctions against Moscow and changes in global trade flows.
In July, India became the biggest buyer of Russian oil, surpassing China, against a backdrop of Western sanctions against Moscow and changes in global trade flows.
Uganda is stepping up exploration in the Moroto-Kadam and Kyoga basins, aiming to boost its reserves to 6.5 billion barrels of oil, a strategic move to solidify its position in the energy industry.
Uganda is stepping up exploration in the Moroto-Kadam and Kyoga basins, aiming to boost its reserves to 6.5 billion barrels of oil, a strategic move to solidify its position in the energy industry.
BP returns to Iraq after five years, signing a preliminary agreement with the government to restart production from the Kirkuk fields via a profit-sharing model.
BP returns to Iraq after five years, signing a preliminary agreement with the government to restart production from the Kirkuk fields via a profit-sharing model.
