
IEA lowers 2025 oil demand outlook, cites weak Chinese economy
The IEA said on Tuesday that Chinese oil demand declined for the third consecutive month in June due to decreased industrial inputs.

The IEA said on Tuesday that Chinese oil demand declined for the third consecutive month in June due to decreased industrial inputs.

As Iran pledges to retaliate over Israel’s killing of Hamas leader Ismail Haniyeh, the US looks to tighten Tehran’s financial resources.

Essar is planning to invest Rs30bn ($357.38m) to increase its coal bed methane (CBM) in India, reported the Economic Times.

ExxonMobil is set to conduct a joint study to identify potential oil and gas reserves in Indonesia, according to the Indonesia Business Post.

CrownRock Holdings is seeking to raise up to $1.7bn through the sale of its stake in Occidental Petroleum, reported Bloomberg.

bp America has entered into an agreement with NASA to enhance technological advancements in both energy production and space exploration.

UK oil and gas major Shell has entered into a long-term framework agreement with L&T Technology Services (LTTS).

TotalEnergies Marine Fuels supplied its first B100 biofuel bunker with 700t of the 100% UCOME-based biofuel to Singapore.

Aramco has entered into a memorandum of understanding (MoU) with King Abdullah University of Science and Technology (KAUST).

EGA has shipped the world’s first bauxite cargo using an LNG fuelled vessel.
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.