Russia imposes temporary restrictions on fuel exports to stabilize domestic market
Russia has introduced temporary restrictions on exports of gasoline and diesel in…
Saudi energy minister says OPEC+ cuts were needed to stabilize oil market
Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman on Monday defended OPEC+…
BP CEO resigns after undisclosed personal relationships with colleagues revealed
BP CEO Bernard Looney resigned on Tuesday with immediate effect after less…
Oman’s new Duqm refinery ships first diesel cargo during trial runs: Report
Oman’s new Duqm oil refinery shipped out its first diesel cargo on…
Germany snapping up refined oil products from India amid Russia sanctions: Data
German imports of refined oil products from India soared in the first…
Masdar, UAE’s green energy producer, plans to double capacity this year
The United Arab Emirates’ biggest clean-power producer is planning to double capacity…
Canada’s Enbridge makes substantial investment of $14 billion in natural gas
Canadian pipeline giant Enbridge announced Tuesday that it is buying three utilities…
Saudi Arabia to extend voluntary oil cut of one million bpd for another three months
Saudi Arabia will extend its voluntary cut of one million barrels per…
Oil prices stable ahead of OPEC+ supply cut expectations
Oil prices were stable on Monday amid expectations that major producers would…
Saudi Arabia’s ACWA Power to enter China next year, CEO Arcelli says
Saudi Arabia’s ACWA Power Co plans to begin operations in China starting…