Can digitised colonial records unlock the DRC’s mineral exploration potential?
DRC access to historical geological records held in Belgium; can AI turn them into a resource for mineral exploration; DRC colonial records
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Oil prices hold near highs after military action and tanker incidents
Oil prices hovered near recent highs on 2 September, Wednesday as market participants weighed the risk of further supply disruption following new US and Iranian …
Read Full ArticleDiesel Cracks Hit Record Highs as Global Fuel Squeeze Deepens
The re-escalation in the Middle East and the Russian ban on diesel exports amid incessant Ukrainian drone attacks on refineries have pushed middle distillate cracks …
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CITGO to invest $310m in Lake Charles Refinery upgrade
CITGO Petroleum has announced a $310m investment to upgrade its Lake Charles Refinery in Southwest Louisiana, US.
Read Full ArticlePakistan Rejects Costly LNG Cargo as Blackout Risk Deepens
Pakistan may have to extend rolling blackouts after it refused to pay three times the pre-war price for an LNG cargo, which was the only …
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Comstock signs $1.65bn LoI with SOCAR for Haynesville asset stakes
Comstock Resources has signed a letter of intent (LoI) with the State Oil Company of the Azerbaijan Republic (SOCAR) for the sale of stakes in …
Read Full ArticleHormuz Shipping Slumps as U.S.-Iran Strikes Rattle Oil Markets
The number of tankers traversing the Strait of Hormuz remains below the ten-day average, according to ship-trackers, with Kpler reporting only four tanker crossings for …
Read Full ArticleU.S. Energy Secretary Says Venezuela Could More Than Double Oil Production
Venezuela’s crude oil production rate could double in the next few years thanks to new deals set to be signed with U.S. and other foreign …
Read Full ArticleOil Prices Rally as U.S. Targets Iranian Tankers in New Escalation
Oil prices climbed once again in early Asian trade on Wednesday as the U.S. and Iran traded strikes in a significant escalation after a month …
Read Full ArticleSaudi Arabia Plans To Free 1 Mb/d As it Invests in Nuclear Power
Saudi Arabia’s power stations, desalination plants, factories and farms consume more than 1 million barrels per day of liquid fuel that the kingdom aims to …
Read Full ArticleMajor U.S. Oil Port Selected for Nuclear Power Project
The port of Corpus Christi has become one of two ports selected for a project aimed at integrating small modular reactors in a bid to …
Read Full ArticleEU Struggles to Curb Energy Transition Dependence on China
In recent years, the European Union has replaced one critical energy and security vulnerability with another heavy dependence for its green energy ambitions. As the …
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