Saudi Arabia, the world’s largest oil exporter, is poised to increase its official selling prices (OSPs) for crude oil to Asia in September...
Libya’s National Oil Corporation (NOC) has initiated its first oil exploration tender since 2008, aiming to attract international companies to boost production and...
Kazakhstan’s crude oil production experienced a significant surge, increasing by 7.5% from May to reach 1.88 million barrels per day (bpd). This output...
ExxonMobil Guyana Limited (EMGL), along with its partners Hess and CNOOC, has officially relinquished 2,534 square kilometers—approximately 9%—of the Stabroek Block to the...
Gabonese President Brice Oligui Nguema has actively sought to attract foreign investment to bolster the nation’s economic development, particularly in the processing of...
A significant summit in Seville, Spain, convened over 50 global leaders to address escalating challenges in poverty reduction, climate change mitigation, and the...
Oil prices have experienced significant fluctuations in recent weeks, primarily driven by escalating tensions in the Middle East and concerns over global supply...
Escalating geopolitical tensions have significantly influenced global markets and international relations. The Middle East, particularly the Israel-Iran conflict, has been a focal point,...
The United States witnessed a significant narrowing of its trade deficit, suggesting potential economic resilience. The trade gap contracted by a record 55.5%...
Iran is grappling with a profound economic crisis in 2025, characterized by soaring inflation, a plummeting national currency, and escalating social unrest. The...