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Oil & Gas

SHORTLIST ANNOUNCED FOR OIL & GAS SAUDI AWARDS

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.

  • 1 year, 2 months
Oil & Gas

EXPORTS OF OIL PRODUCTS BY INDIA’S PRIVATE REFINERS UNDER U.S. PRESSURE AND GLOBAL SCRUTINY.

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.

  • 1 year, 2 months
Oil & Gas

OIL PRICES SEEN SLIPPING BELOW $60 BY YEAR-END, EIA WARNS.

After the U.S. Energy Information Administration (EIA) predicted that Brent crude could average below $60 a barrel in the fourth quarter, a level last observed during the pandemic’s early shock in 2020, global crude prices are once again under pressure to decline.

  • 1 year, 2 months
Oil & Gas

IRAQ AND SYRIA EXPLORE REVIVAL OF BANIAS CRUDE PIPELINE .

Iraq and Syria have agreed to explore the revival of the Banias pipeline to export Iraqi crude through Syrian and Lebanese territories.

  • 1 year, 2 months
Oil & Gas

OCTANT ENERGY ADVANCES DRILLING PLANS IN TANGA, PROMOTES LOCAL PARTICIPATION.

Octant Energy Tanga Limited has identified eight potential drilling sites in the Tanga Block following successful seismic data analysis and is now assessing local service providers to support the project. PURA praised Octant for prioritizing Tanzanian participation in line with the 2015 Petroleum Act and pledged continued support for the initiative.

  • 1 year, 2 months
Oil & Gas

STRENGTHENING THE LINK BETWEEN NATURAL GAS AND AGRICULTURE FOR TANZANIA’S ECONOMIC GROWTH.

The natural gas and agriculture sectors are closely linked, and stronger collaboration between them can significantly boost Tanzania’s economy. PURA is actively working with partners to ensure high-quality agricultural products meet the standards needed by energy companies, supporting both sectors’ growth.

  • 1 year, 2 months