The Rise of Private Chinese Oil Companies in Iraq
Private Chinese oil companies are expanding their presence in Iraq, joining China’s state majors in pouring billions into the development of hydrocarbons in the OPEC member. Per a Reuters report,…
OPEC+ 8 Announce 547,000 Bpd ‘Production Adjustment’ for Sept
A statement posted on OPEC’s website on Sunday announced that Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman “will implement a production adjustment of 547,000 barrels per day…
China Squeezes Critical Mineral Supply to U.S. Defense Industry
China is restricting the supply of critical minerals to U.S. military manufacturers, the Wall Street Journal has reported, adding that this has forced companies to delay order deliveries as they…
Video | Trends within gas cylinder handling
Dariusz Kleczyński, Business Development Manager at Arcom, discusses the trends within the gas cylinder handing and how this helps to shape Arcom’s strategy on gasworld’s In Conversation with Arcom webinar.…
Oil Prices Dip as OPEC+ Pushes Ahead With Output Hikes
Oil prices slipped in early Asian trading on Monday as OPEC+ confirmed another substantial production increase for September, continuing its rapid unwinding of voluntary output cuts despite tepid demand growth…
Oil Majors Beat Back $4.2 Billion Fine in Kazakhstan
A Kazakh appellate court has sided with the international oil majors operating the Kashagan oilfield, overturning a massive $4.2 billion environmental fine over sulfur storage practices. The North Caspian Operating…
OPEC+ Nears Decision Point on Next Oil Output Hike
OPEC+ is inching toward a pivotal decision this weekend: whether to greenlight another 548,000 bpd in production hikes for September, effectively fast-tracking the return of 2.2 million bpd in voluntary…
Enbridge Books Record Core Earnings on Power and Gas Demand
Enbridge posted record core earnings, or EBITDA, for the second quarter of the year on the back of strong liquids flows through its pipelines and soaring demand for power generation…
bp hits oil at deepwater Brazil exploration well
bp today announced an oil and gas discovery at the Bumerangue prospect in the deepwater offshore Brazil. bp drilled exploration well 1-BP-13-SPS at the Bumerangue block, located in the Santos…
How hydrogen risks are being supported in steelmaking
Decarbonised hydrogen, whether through turning grey hydrogen blue by carbon capture or via green hydrogen using renewables-powered electrolysers, goes to the heart of the energy transition. In carbon-intensive industries like…
