UK Court Rules Shell Liable for Legacy Oil Spills in Nigeria
Oil giant, Shell will now face a full trial in London’s High Court in 2027, over allegations that it was legally responsible for legacy oil…
Category: ENERGY
African Energy 2025 Upstream African Exploration
Amid Africa’s ongoing exploration and production surge, this year’s African Energy Week (AEW): Invest in African Energies conference will host a dedicated Upstream E&P Track.…
OPEC+ Now Key Stabilizer of Oil Prices
Saudi Energy Minister Prince Abdulaziz bin Salman said on Thursday that the OPEC+ alliance has become a key stabilizing force for oil prices and the…
China’s EV battery maker CATL shares soar in Hong Kong debut
China’s CATL, the world’s largest electric vehicle battery maker, saw its shares soar 17% on its first day of trading in Hong Kong on Tuesday,…
Oman Investment Authority Achieves 21% Growth in Asset Value
Oman Investment Authority (OIA) has revealed that its “National Development Portfolio” has achieved several objectives aligned with “Oman Vision 2040” since its establishment in 2021.…
Agreements Signed to Develop Green Hydrogen in Oman
Oman’s Hydrom, the Public Authority for Special Economic Zones and Free Zones (OPAZ), and ACME Group signed on Sunday a Project Development Agreement and Usufruct…
Oil Climbs $1 as Price Drop Triggers Buying
Oil gained more than $1 per barrel on Tuesday, rebounding on technical factors and bargain hunting after a decision by OPEC+ to boost output sent…
SABIC Expects Capital Expenditure of $4 Bn in 2025
Saudi Basic Industries Corporation (SABIC), one of the world’s largest petrochemical companies, reported a net loss of 1.21 billion riyals ($322.6 million) for the first…