EPRA has reduced petrol and kerosene prices by KSh 1 per litre, while keeping diesel prices unchanged for the next 30 days. Many Kenyans online dismissed the drop as too small to ease the high cost of living, calling it “Mchezo ya Town.”
Saudi Aramco has signed an $11 billion lease and leaseback deal involving its Jafurah gas processing facilities with a consortium led by Global Infrastructure Partners (GIP), part of BlackRock.
China’s Zhenhua Oil is set to double its oil offtake from Abu Dhabi National Oil Company (Adnoc) to 200,000 barrels per day (bpd) after taking on a new role leading development of one of the exporter’s top oilfields, three Chinese industry sources said.
Discover the standout companies, projects, and leaders named as finalists for the Oil & Gas Awards: Saudi Arabia 2025, celebrating innovation and excellence in the Kingdom’s energy sector.
Discover the standout companies, projects, and leaders named as finalists for the Oil & Gas Awards: Saudi Arabia 2025, celebrating innovation and excellence in the Kingdom’s energy sector.
India’s private refiners are once again in the crosshairs of global energy politics. Following fresh European Union sanctions and heightened U.S. pressure over crude purchases from Russia, the world’s most populous nation faces a balancing act between lucrative fuel exports and mounting geopolitical risks. As private giants Reliance Industries and Nayara Energy continue to ship millions of tons of refined products abroad, questions are growing over how long India can maintain this trade without facing further restrictions or retaliatory tariffs from the West.