23/04/2024
US oil and gas M&A hits quarterly record after blockbuster 2023

U.S. Oil and Gas Industry Sees Record Deal Activity in First Quarter

Surge in Acquisitions Focused on Permian Basin The first quarter of 2024 witnessed a surge in U.S. oil and gas mergers and acquisitions (M&A) activity, reaching […]
06/04/2024
Oil Prices Surge Over $1 Per Barrel Amid Supply Risks

Oil Prices Surge Over $1 Per Barrel Amid Supply Risks

HOUSTON (Reuters) – The Brent and U.S. West Texas Intermediate crude oil benchmarks surged by more than $1 a barrel during trading on Friday as markets […]
28/03/2024
Oil prices have path to $100/barrel on Russia cuts, but US likely to stand in way

Oil prices have path to $100/barrel on Russia cuts, but US likely to stand in way

Investing.com — Oil prices may surge to $100 a barrel as early as September following Russia’s decision to reduce production, although the U.S. is poised to […]
24/03/2024
German wind power sector welcomes government offshore terminal funding

German wind power sector welcomes government offshore terminal funding

FRANKFURT (Reuters) – The German Offshore Wind Energy Foundation emphasized the significance of the government’s decision to provide financial support for the expansion of an offshore […]
24/03/2024
Saudi Arabia stocks lower at close of trade; theforx24

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.31%

Saudi Arabia’s stock market witnessed a decline on Sunday, with the Hotels & Tourism, Transport, and Energy & Utilities sectors leading the downturn. The Tadawul All […]
24/03/2024
A year after Iraq-Turkey pipeline halt, no progress to resume flows

A year after Iraq-Turkey pipeline halt, no progress to resume flows

LONDON (Reuters) – Twelve months post the shutdown of the Iraq-Turkey oil pipeline, the conduit that previously managed approximately 0.5% of the global oil supply remains […]