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SAUDI OIL EXPORTS TO CHINA SET FOR FEBRUARY DECLINE.
Saudi Arabia’s crude oil exports to China are expected to drop from 46 million barrels in January to 43.5 million barrels in February. The decline follows Aramco's decision to raise the price of its flagship Arab Light crude for February deliveries by $0.60 per barrel.
- 1 year, 9 months
EUROPE'S LNG IMPORTS SURGE AMID WINTER ENERGY DEMAND.
Europe’s LNG imports soared to an 11-month high in December 2024, driven by early winter cold snaps and depleted gas storage levels. U.S. LNG played a crucial role, accounting for half of the imports, as Europe prepared for ongoing energy demand and future storage replenishment.
- 1 year, 9 months
SAUDI DRILLING COMPANY AWARDED FIRST-OF-ITS-KIND CONTRACT IN WEST AFRICA.
A Saudi-based drilling company has secured its first contract in West Africa, marking a significant milestone in expanding its operational footprint across global markets.
- 1 year, 9 months
BP FLOWS FIRST GAS AT GREATER TORTUE AHMEYIM LNG PROJECT.
BP has safely begun flowing gas from Greater Tortue Ahmeyim (GTA) Phase 1, one of the deepest, most complex gas developments in Africa. The 2.3 million tonnes per annum (mtpa) LNG project is expected to contribute to meeting global energy needs.
- 1 year, 9 months
CHINA: DEVELOPMENT OF THE WORLD'S MOST POWERFUL ONSHORE WIND TURBINE.
A Chinese company, Windey Energy, has announced plans to develop the world’s most powerful onshore wind turbine, marking a significant milestone in the global energy transition.
- 1 year, 9 months
BIDEN BANS NEW OIL AND GAS DRILLING ALONG MOST U.S. COASTS.
President Biden announced a permanent ban on oil and gas drilling across 625 million acres of U.S. coastal waters, citing environmental and economic risks. Biden’s executive order blocks new drilling along the Eastern Seaboard, the Pacific Coast, the eastern Gulf of Mexico, and the Northern Bering Sea in Alaska.
- 1 year, 9 months
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