Kuwait Petroleum Corporation (KPC) has begun cutting crude oil production and declared force majeure amid ongoing disruptions to energy shipments through the Strait of Hormuz as the conflict between US and Iran en ...
Rising military tensions between the US , Israel and Iran are disrupting oil and gas supplies across the Middle East, intensifying fears over global energy security and renewed price volatility.
Global oil and gas transport costs have surged sharply, with supertanker rates in the Middle East climbing to unprecedented levels amid escalating hostilities between the United States and Iran, according to Reute ...
India will continue to rely on a diversified mix of energy sources to ensure stable and affordable supplies for its consumers, Foreign Secretary Vikram Misri said, underscoring New Delhi’s focus on energy security ...
Atlantic Sea LNG Trade, a joint venture between Greece’s DEPA Commercial and Aktor Group, is negotiating to secure up to 15 billion cubic meters (bcm) of US liquefied natural gas (LNG) annually. The proposed 20-ye ...
Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, met with senior leaders from US oil major Chevron in Washington to accelerate the technical and commercial agreements required to link Cyprus’ Aph ...
US energy majors ExxonMobil and Chevron have expressed tentative interest in re-engaging with Venezuela’s petroleum sector following the easing of US sanctions, provided that the country establishes robust legal a ...
The US is moving rapidly to grant Chevron an expanded license to boost its oil production and exports from Venezuela, US.Energy Secretary Chris Wright. Under the proposed changes, Chevron would be allowed to pay r ...
Exxon Mobil is making preparations to resume processing Venezuelan crude oil at its large Baton Rouge, Louisiana refinery. The facility, which has a capacity of about 522,500 barrels per day (b/d), previously hand ...
