IMF: Oil Price Shock Tests Global Economic Resilience
The surge in oil and LNG prices as a result of the Middle East war is testing the resilience of the global economy once again, IMF Managing Director Kristalina Georgieva…
Europe-Bound LNG Cargoes Divert to Asia as War Upends Gas Market
A growing number of LNG cargoes that were initially en route to Europe have sharply diverted in the Atlantic toward Asia via the Cape of Good Hope as Asian buyers…
Nigeria Needs $23 Billion To Electrify 143,000 Communities, Says REA
The government of Nigeria has revealed that about $23 billion will be needed to provide reliable electricity to communities that still lack proper power access across the country. The estimate…
Pivot Energy And Sustain Our Future Foundation Partner To Support Communities and Expand Solar Projects
Representational image. Credit: Canva A new partnership aimed at supporting local communities and expanding renewable energy has been announced by Pivot Energy. The company has entered into a multi-year collaboration…
Analysts See ‘Significant Yet Short Lived’ Oil Price Rallies
In a BMI report sent to Rigzone by the Fitch Group on Friday morning, analysts at BMI, a Fitch Solutions company, revealed that they expect “significant yet short lived rallies…
Slovenia Approves Solar Project On Former Landfill Site In Maribor
A new solar energy project is set to move forward in Slovenia after the signing of a co-financing agreement for a solar power plant that will be built on a…
Ancillary Services Gain Importance As Renewable Energy Growth Reshapes Gulf Power Grids
Representational image. Credit: Canva The rapid growth of renewable energy is changing the way power systems operate around the world, and countries in the Gulf region are also experiencing this…


OPEC+ Holds November Quota at 31.01 Million Barrels Daily
Aramco Cuts Asia Oil Prices to Six-Year Low, Raises Prices for Europe
Uniper eyes Türkiye biomethane production and exports
Iran Oil Minister Quits as Exports Dry Up
U.S. Deploys Patriots to Shield Saudi Oil and Qatari Gas Facilities
G7 Moves to Release 100 Million Barrels to Counter Diesel Crisis
Trump Says South Korea Deal Includes $8.4 Billion U.S. Oil Project
Oil Prices Fall as Reports Say Hormuz Crude Flows Top Pre-War Levels
Air Liquide targets €24bn investment and up to 600bps margin gains by 2030
OPEC+ holds November oil production targets steady as supply remains constrained







