Aker BP to take stakes in Losgann/Froskelår and Slagugle discoveries
Aker BP has agreed to acquire stakes in the Losgann/Froskelår and Slagugle discoveries, aiming to consolidate its presence near established infrastructure on the NCS.
Read Full ArticleUkraine’s Ousted Defense Chief Calls for Wartime Elections
A popular former defense minister whose dismissal last month sparked protests has delivered a videotaped address to Ukrainians in which he assailed wartime corruption, warned …
Read Full ArticleTrump Dangles Keystone XL Revival as Canada Tariff Deadline Looms
Canada has won a three-day reprieve from President Donald Trump’s threatened 50% tariffs, but a final trade deal remains hung up on Canadian auto exports, …
Read Full ArticleIran War Set to Drive UK Energy Bills to 3-Year High
UK household energy bills are set to further rise from October by 4% to their highest level since the summer of 2023, as the Iran …
Read Full ArticleMurban Crude Jumps to 4-Month High as ADNOC Curbs Supply to Asia
The price of Murban Crude, the flagship grade of the United Arab Emirates, surged to a four-month high this week, amid reports that the UAE’s …
Read Full ArticleMurban Crude Jumps to 4-Month High
The price of Murban Crude, the flagship grade of the United Arab Emirates, surged to a four-month high this week, amid reports that the UAE’s …
Read Full ArticleIndia Turns to Piped Gas as Iran War Drives Up LPG Costs
India’s government is looking to incentivize city gas distributors to increase piped gas connections to raise domestic cooking gas supply to households as the costs …
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SLB wins offshore production restoration contract from BSP
SLB has received a contract from Brunei Shell Petroleum (BSP) to assist in restoring production from shut-in wells in multiple offshore fields.
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AI in smart grids: how grid tech is navigating challenges and opportunities
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Zenith Energy to lead phase two of Northern Endeavour decommissioning
Zenith Energy Australia has been selected by the Australian government as the lead contractor for phase 2 of the Northern Endeavour offshore decommissioning programme.
Read Full ArticleStrait of Hormuz Shipping Slows After Vessel Attack
Commodity vessel traffic at the Strait of Hormuz further slowed on Wednesday as operators continue to avoid the area amid heightened security concerns and uncertainties …
Read Full ArticleChinese Oil Tankers Turn Back as Hormuz Risks Mount
Two Chinese very large crude carriers have made U-turns in the Strait of Hormuz, currently idling in the area, Bloomberg reported today, citing ship-tracking data. …
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