Argo Cassiopea Field's gas reserves estimated at around 10 bcm, with peak annual production expected to reach 1.5 bcm
read more... 20/08/2024
Polish refiner Orlen has contracted BP to supply 15% of its feedstock demand with North Sea crude over the next year, it said Aug. 19, as it has sought to shore up supply links for its European operations.
read more... 20/08/2024
Oil prices fell by around 2% on Friday as concerns over the struggling Chinese economy outweighed Middle East tensions. Brent crude closed at $78.94 per barrel, while WTI crude settled at $76.65 per barrel.
read more... 19/08/2024
European Union tariffs slowed the influx of Chinese-made electric vehicles in July, as the bloc moved to protect its automakers from low-cost competition.
read more... 19/08/2024
Over the past two years, Europe has rapidly distanced itself from Russia’s energy commodities in protest to Russia’s war in Ukraine. The European Union first placed an embargo on the import of crude oil from Russia in December 2022, followed by an embargo on oil products (including petrol and diesel) in February 2023.
read more... 19/08/2024