Both Iraq and Pakistan have cut deals with Iran to ship oil and liquefied natural gas from the Gulf, according to five sources with knowledge of the matter, in a demonstration of Tehran's ability to control energy flows through the Strait of Hormuz.The U.S.-Israeli war with Iran has slashed energy exports from a region that normally supplies 20% of the world's crude oil and LNG. The U.S.
QatarEnergy has signed a memorandum of understanding (MoU) with TotalEnergies, ConocoPhillips and the Syrian Petroleum Company for cooperation in offshore oil and gas exploration in Syria.
Consultancy firm ABL Group has agreed to acquire Malaysia-based process safety and technical risk consultancy SynergenOG, expanding its engineering and risk management capabilities for the energy
Petronas LNG (PLL) has signed a 20-year time charter agreement with MISC Group for five newbuild liquefied natural gas (LNG) carriers as the Malaysian energy company strengthens long-term LNG supply
Global oil supply will not meet total demand this year as the Iran war wreaks havoc on Middle East oil production, the International Energy Agency said in its monthly oil market report on Wednesday.
Norway's government said it expects the state to earn 721.1 billion crowns ($78.71 billion) this year in revenue from oil and gas production, up from $60.
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