Crude oil exports from the Persian Gulf have recovered to levels comparable to those seen before the recent conflict, yet the composition of these shipments has undergone a fundamental transformation.
Oil Producer
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The Oil and Gas Climate Initiative has reported that its member companies invested 28 billion dollars in low-carbon solutions, acquisitions and research during 2025. This annual contribution has raised the
Brent crude prices climbed by four per cent on Thursday to reach $107.90 a barrel following a military intervention by Saudi Arabia. The kingdom’s forces successfully intercepted six ballistic missiles
Rockhopper Exploration has concluded a secondary share offer to shareholders, securing approximately $20 million in gross proceeds. The AIM-listed company announced the results on Wednesday, confirming that the second tranche
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BP has confirmed plans to eliminate approximately 700 positions worldwide as part of a broader strategy to create a simpler and more valuable organisation. The announcement, communicated via email on
Crude oil costs fell sharply on Tuesday after senior American government figures suggested a diplomatic agreement with Iran might soon allow traffic to resume through the strategically vital Strait of
Islay Subsurface & Engineering has formed a strategic partnership with Well-Safe Solutions to undertake decommissioning projects across the North Sea. The collaboration specifically targets work on the Beryl and Forties
The Orange Basin offshore petroleum province has become the focal point for competing energy strategies between Namibia and its southern neighbour, South Africa. While both nations share this Atlantic maritime
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Chevron is progressing towards a significant expansion of its operations in Iraq, with the US supermajor scheduled to execute two memoranda of understanding on Friday. The non-binding agreements represent a
Helium One Global Ltd has completed its first helium sale from the Galactica project in the United States, marking a significant operational milestone for the AIM-listed company as it transitions
The recent upheaval in the Middle East, precipitated by escalating tensions in Iran, is reverberating through global energy markets, leading not only to a dramatic rise in oil prices but