Indian Oil Giant ONGC Eyes Return to Syrian Operations
India’s state-run Oil and Natural Gas Corporation (ONGC) has said it is prepared to restart upstream operations in Syria once “normalcy” returns, according to The National. Executives from ONGC Videsh…
Saudis Lower Oil Prices for Asia
Saudi Arabia lowered the price of its main oil grade to Asia for December to the lowest level in 11 months, days after OPEC+ signaled a cautious approach by pausing its…
Canada Could Ditch the Controversial Oil and Gas Emissions Cap
The new government’s Climate Competitiveness Strategy, outlined in Budget 2025, will prioritize effective carbon markets, enhanced methane regulations, and technologies such as carbon capture and storage as the primary means…
Russia’s Coal Industry Faces Existential Crisis
Russia’s coal industry is in a bind as Western sanctions, falling Chinese demand for imported coal, and fierce competition with Indonesia on other Asian markets challenge the profitability of Russian…
ADNOC: Oil Demand to Remain Above 100 Million Barrels Past 2040
Global oil demand will continue to grow in the coming decades and remain above 100 million barrels per day (bpd) in 2040 and beyond, ADNOC’s Upstream CEO Musabbeh Al Kaabi…
Ørsted Posts Massive $262 Million Q3 Loss As Offshore Challenges Mount
Ørsted, the world’s largest offshore wind developer, reported on Wednesday a loss for the third quarter amid soaring impairment charges as the offshore wind industry faces backlash in the United…
Oil Tanker Storage Surges as Russia and Iran Face U.S. Sanctions
The U.S. sanctions on Russia and Iran have led to an “unprecedented” large volume of crude oil stored in tankers, Torbjörn Törnqvist, co-founder of commodity trading giant Gunvor Group, said…
Portable gas safety tech on show at German trade fair
US-based MSA Safety will this week showcase its multi-gas detector technology at the A+A International Trade Fair & Congress in Düsseldorf, Germany. It will be the first time the six-gas…
Portable gas safety tech on show at German trade fair
US-based MSA Safety will this week showcase its multi-gas detector technology at the A+A International Trade Fair & Congress in Düsseldorf, Germany. It will be the first time the six-gas…
Green hydrogen with smart system powers Australia cotton project
Australian hydrogen developer Hiringa Energy has received US-made solar power technology that will help supply renewable energy to its low-carbon cotton project in New South Wales. Once installed the new…
