Russia’s oil income hit by falling prices and sanctions
Russia’s key source of revenue, crude oil exports, is under increasing strain. A combination of international sanctions, falling…
Singapore traders drawn into Indonesia’s US$12 billion Pertamina corruption probe
Indonesian authorities have contacted a number of Singapore-based trading companies to request their cooperation in a US$12 billion…
Woman issues warning after watching disturbing act at a Metro Petroleum service station
An Aussie woman has expressed her outrage after she witnessed a ‘creepy’ exchange between two men at a…
California’s first of three offshore platforms back in oil production business after 10 years
Sable Offshore, a Texas-based oil company, has restarted oil output from a platform off the coast of California,…
China to cut gasoline, diesel retail prices-Xinhua
A staff member works at a gas station in Shangqiu City, central China’s Henan Province, May 1, 2024.…
Occidental Petroleum (OXY) Price Target Raised by Citi
Citi has increased its price target for Occidental Petroleum (OXY, Financial) from $42 to $44, maintaining a Neutral…
Tharwa Petroleum Expands Proven Reserves by 3.5 mmbbls in 2024
Tharwa Petroleum Company has recorded a rise in proven reserves amounting to 3.5 million barrels (mmbbl) in the…
Crude Oil Futures Decline Amid Weak Global Demand: Rediff Moneynews
Crude oil futures eased on Monday due to weak global demand, with prices declining Rs 56 to Rs…
Brent crude slips below $65: These stocks may benefit investors
Brent crude oil prices have dropped below $65 a barrel, raising fresh questions about the state of the…
Azerbaijan faces downturn in oil bitumen and petroleum coke output in 4M2025
Oil&Gas
Materials
19 May 2025 09:49 (UTC +04:00)
The production of oil bitumen and petroleum coke…
PAS Expands Fleet, International Operations in 2024
Chairman of Petroleum Air Services Company (PAS), Ihab Abd Al-Maksoud, reviewed the most significant results achieved by the…