Niger Delta Oil Spill Clean-Up Efforts May Incur Hefty Annual Costs
The Nigerian government may face significant expenses, potentially up to $150 billion yearly, in cleaning…
Oil
Papua New Guinea Unveils Comprehensive Oil Sector Reforms
Papua New Guinea launches major oil sector reforms with a new regulatory authority and production…
US Imposes Sanctions on Chinese Terminal for Iranian Oil Trade
The US has sanctioned another Chinese terminal for allegedly trading Iranian oil, escalating tensions between…
US Imposes Sanctions on 6 Indian Companies for Iranian Petroleum Trade
The US has sanctioned 6 Indian companies for allegedly trading Iranian petroleum products, in a…
Sri Lanka Embarks on New Oil Exploration Licensing Round in Mannar Basin
Sri Lanka has launched a new oil exploration licensing round in the Mannar Basin, aiming…
Unveiling the Mystery of Pakistan’s Oil Reserves: A Game-Changer for the Region?
Recent developments have sparked curiosity about Pakistan's potential oil reserves, leaving many to wonder if…
US Imposes Sanctions on Indian Companies for Iran Oil Trade
The US has imposed sanctions on several Indian companies for allegedly trading Iranian oil, sparking…
India Faces Economic Heat as US Sanctions Impact Oil Trade with Iran
The US has imposed 25% tariffs on $220 million worth of deals, affecting 6 Indian…
US Sanctions on Russia Fuel WTI Rally, Oil Prices Surge Near $70
WTI crude oil prices have extended their rally, nearing $70 per barrel, as the US…
MEG Energy in Defence Mode as Takeover Rumors Overshadow Earnings
MEG Energy's earnings report takes a backseat as the company prepares for a potential takeover,…