The deal, valued at approximately $1 billion, marks the end of an era for Shell, which has maintained a presence in the country for over a century. According to Bloomberg, the proposed...
TotalEnergies has found oil and gas on a license which it has been developing offshore the Republic of Congo, the French supermajor said on Monday. TotalEnergies EP Congo, which operates the...
UK-based supermajor BP has agreed to buy 60% in three offshore exploration blocks in Namibia as part of its ongoing strategy to grow its upstream portfolio. The company will buy from...
On Wednesday, the United States and Iran agreed to a two-week ceasefire, pausing the 42-day military campaign by the U.S. and Israel against multiple Iranian military and civilian targets....
Oil prices have fallen back after briefly rising to above $100 a barrel as Donald Trump claimed Iran had made contact and wanted “very badly” to strike a deal...
The UAE and China have signed 24 agreements to expand trade, investment and sector collaboration, marking a further step in strengthening economic ties between the two countries. The agreements...
The dollar climbed on Monday after peace talks between the U.S. and Iran broke down and as the U.S. Navy began to blockade Iranian ports, while the Hungarian forint rallied after the center-right Tisza party defeated Viktor...
Saudi Arabia’s Energy Ministry said on Sunday that its key East-West oil pipeline and other facilities had been restored and regained capacity following attacks by Iran on targets across the...
Oil prices could spike and hit again their peak Iran-war levels at nearly $120 per barrel if a full recovery of vessel traffic through the Strait of Hormuz takes until...
The uptick marks a rebound from January’s slowdown and reflects a sustained push toward reserve diversification. Global gold demand from central banks remains highly concentrated among a small group of...