Africa’s newest oil refinery begins operations in Angola to boost fuel supply and cut imports.
Angola’s Cabinda refinery, the first built since the country gained independence nearly
Category: Business
India’s Offshore Tech Hubs Hit $98.4 Billion Revenue in FY26, Nearing 2030 Forecast, Report Says..
India’s offshore technology centers are expected to have generated $98.4 billion in
Kazakhstan Oil To Be Rerouted To Russia and Caspian Countries Instead Of Germany
Kazakhstan’s KazMunayGas (KMG) has reallocated oil exports to the Caspian Pipeline Consortium
US yields drop as oil plunges on hopes for end to Iran war
US Treasury yields fell on Wednesday, as oil prices plunged on reports
Saudi Arabia posts $33.5bn budget deficit amid drop in oil sales
Saudi Arabia has posted a sharp rise in its budget deficit amid
Oil Prices Fall Below $100 After Trump Pauses Hormuz Escort Plan
Crude oil prices extended losses for a second day today, after President
Lufthansa Warns Strait of Hormuz Closure Will Add $2 Billion in Fuel Costs
Lufthansa Group expects the surge in jet fuel prices to cost it
U.S. Fuel Exports Hit Record High as Hormuz Crisis Reshapes Global Energy Flows
US oil product exports surged to a record 8.2 million barrels per
Iraq Offers Huge Discounts for Crude Shipments via Hormuz.
OPEC’s second-largest producer, Iraq, is offering huge discounts of up to $33.40
Saudi ADES expands Africa’s footprint with $92.7m Seplat offshore contract.
The agreement covers the operation of the Shelf Drilling Victory rig for