Energy
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Saudi Arabia restores full capacity on East-West oil pipeline to 7 million bpd after attacks
Saudi Arabia has restored full oil pumping capacity through the East-West pipelineto about seven million barrels per day, it said…
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Mexico to Turn to Fracking to Reduce Reliance on US Energy
The Mexican government has unveiled a plan to tap into the country’s natural gas reserves through fracking, a method slammed…
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Libya Announces New Oil Discovery in Ghadames Basin in Cooperation with Sonatrach
National Oil Corporation announced on Wednesday a new oil and gas discovery in the Ghadames Basin, in cooperation with Algeria’s…
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WTI Crude Surges Above $98 as Middle East Tensions Disrupt Hormuz Traffic
WTI crude futures jumped more than 3% toward $98 per barrel on Thursday, regaining part of the previous session’s losses…
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Australia, China Agree to Seek Regional Energy Security
Australia and China agreed Tuesday to back regional energy security as the world faced rising oil prices sparked by war…
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Chinese President urges faster development of new energy system as Middle East war continues
Chinese President Xi Jinping has called for accelerated planning and construction of a new energy system to safeguard the country’s…
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Algeria : President Tebboune Orders Comprehensive Mining Exploration Plan to Accelerate Sector Development
Algerian President Abdelmadjid Tebboune, at a meeting of the Council of Ministers on Sunday, ordered that a comprehensive exploration plan…
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Russia Raises Alarm Over Gas Pipeline Security and Escalating Middle East War
Russia has expressed concern over the security of key energy infrastructure, stating that it hopes Turkey has conveyed to Volodymyr…
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Markets on edge as Trump threatens strikes on Iranian infrastructure
Oil prices rose while stocks were mixed on Monday after U.S. President Donald Trump warned of “hell” for Iran unless…
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OPEC+ agrees to boost oil output when Strait of Hormuz reopens
OPEC+ agreed on Sunday to raise its oil output quotas by 206,000 barrels per day for May, a modest rise…
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