GCL Energy Investment’s Ethiopia branch and China Jurong Group signed an LNG engineering and toll-processing contract following a meeting with Ethiopia’s Ministry of Mines and Minister Alemtsehay ...
Woodside Energy lowered the upper end of its 2026 production forecast to 181 million barrels of oil equivalent (boe), from 185 million boe, and will reduce investment in its Beaumont New Ammonia plant ...
Nigerian billionaire Aliko Dangote announced that his company had acquired a 25% stake in Kenya Pipeline Company to facilitate petroleum product transportation. He disclosed the deal at the Financial ...
Saudi Arabia’s crude oil exports rose 7.9% month-on-month to 4.451 million barrels per day (bpd) in August 2026, the highest since March, according to JODI. Production fell to a record low of 6.24 ...
The Rhine barge freight market moved sideways this week. Operators hoped rainfall would lift water levels and allow fuller loads. Instead, each forecast improvement came with a catch, and the second ...
The UK government approved the Jackdaw gas field on October 21, 2026, marking the first new North Sea project approval since the Iran war escalated energy prices. The gas field, operated by Adura—a ...
The American Petroleum Institute (API) reported a decline in U.S. crude oil inventories by 4.93 million barrels for the week ending October 16, following a larger drop of 11.12 million barrels the ...
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