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Yemeni rebels allow towing of damaged oil tanker Sounion

Yemeni rebels will allow the towing of the Sounion oil tanker that was damaged by their attack a week ago in the Red Sea. Reuters...

Gas price for the European market is close to this year’s...

The wholesale gas price for the European market for next month's delivery today exceeded €33 per megawatt-hour (MWh) and is close to this year's...

Asian TOP Brands: Saudi Aramco Keeps its Leadership

21 May 2024 – Saudi Aramco stands firmly on the first position amongst the largest companies in Asia. Its market capitalization has recorded USD 1,921...

Oil prices fall after April US unemployment report

Oil prices are falling after the unemployment report and are on track to post their biggest weekly loss in three months. Prices have been...

Saudi Arabian oil firm Aramco in talks to buy stake in...

Saudi Arabia's state-owned oil company Saudi Aramco is looking to expand operations in China. The company said today it is in talks to take...

Oil prices fall slightly due to possible ceasefire in Gaza Strip

Oil prices are slightly lower today. They are being pushed down by a possible ceasefire in the Gaza Strip. However, the expected interest rate...

Orlen to buy Kuwait’s KUFPEC assets in Norway for $445 million

Polish energy group Orlen will take over KUFPEC Norway, the Norwegian division of Kuwait Foreign Petroleum Exploration Company (KUFPEC). The value of the transaction...

Oil is falling due to worse economic prospects, Brent is below...

Oil prices on global markets are falling today, despite tight supplies due to production cuts in some countries. North Sea Brent was down more...

Russia considers quotas on exports of petroleum products, wants to stabilize...

According to state media, Russia does not rule out the introduction of quotas on exports of petroleum products, Russian Deputy Prime Minister Alexander Novak...

Swiss approve carbon neutrality bill and higher tax in referendum

The Swiss have today approved in a referendum a climate bill aiming to achieve carbon neutrality by 2050. The Alpine country also approved an...

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