News

US and China are stuck in an unprecedented, and expensive, game of chicken, and it seems that both sides are unwilling to back down ...
By 2031, the UAE aims to grow the total value of its non-oil foreign trade in goods to Dhs4tn ... Talks are also in their final stages with Japan and other nations, with deals likely before ...
BP has announced a new oil discovery in the deepwater U.S. Gulf of Mexico, marking a boost to its upstream production ...
The Department of Interior Thursday released an analysis of fossil fuel deposits showing an additional 1.30 billion barrels ...
Chief executives of the US Gulf’s larger players, including Chevron’s Mike Wirth and Occidental’s Vicki Hollub, touted the basin as an on-ramp toward greater fortunes in 2025, in part because of Trump ...
Tullow Oil has agreed to sell its Kenyan operations, including the Turkana oil project, to Gulf Energy for KSh 15 billion in a deal aimed at reducing financial risk.
Tullow Oil said it agreed to sell its Kenyan assets to Gulf Energy for a minimum of $120 million in cash with the potential for additional royalty payments.
Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology, UAE Special Envoy to Japan, conducted an official working visit to Japan from April 13 to 16, 2025. During his visit, he ...
bp plc discovered oil at the Far South prospect 120 miles off the coast of Louisiana in deepwater Gulf of Mexico.
Saudi Arabia, the UAE, Bahrain, Kuwait, Oman, and Qatar — hold approximately 32.6% of the world’s proven crude oil reserves.
Gulf Oil Lubricants India Ltd is looking to scale its EV charger business to ₹500 crore in revenue over the next 4-5 years. Having entered the segment through acquisitions two years ago ...
British energy company BP discovered oil off the US Gulf Coast. This follows BP's decision to prioritize fossil fuels. The discovery is at the 'Far South' prospect. BP plans to increase ...