Oil companies need to stay relevant in an electrifying transport sector, and APAC needs EV charging infrastructure.
China Energy Investment will begin the construction of a $24bn facility to turn coal into oil products.
The Falkland Islands is intent on approving the start of development of a huge oil field in its territorial waters, Sea Lion.
Oil exports through the Iraq-Türkiye pipeline, which runs from Kirkuk to Ceyhan, have been halted since March 2023 over ongoing legal disputes between the nations.
US crude storage levels are remaining relatively stable, after rising slightly over the past week, says the American Petroleum Institute.
Russia’s supplies of crude oil to China in July have fallen by 7.4% on the year, as slowing demand limits purchases by refiners.
Vaalco is developing oil drilling campaigns in Equatorial Guinea, Côte d’Ivoire and Gabon, showcasing its appetite for African offshore assets.
Russia’s shadow fleet is thought to include 600 vessels and carries approximately 1.7m barrels of oil per day (mbbl/d)
The state-owned company is aiming to grow its production capacity to 5m barrels of oil per day (mmbl/d) by 2027.
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.
