Saudi Arabia and the UAE are reportedly in active discussions to sell oil and gas in Chinese yuan, though these moves are currently framed as a strategic response to regional…
The former French-owned TotalEnergies gas stations have been acquired by the local Coris Invest Group and rebranded under the new national identity Barka Energies. The rebrand was officially launched in…
Hungary has reached a new agreement to import natural gas from Azerbaijan, securing 800 million cubic metres over the next two years, Foreign Minister Peter Szijjarto announced. The deal strengthens…
Oil prices fell nearly 2% on Thursday, extending a December slide that has persisted despite a string of supportive signals. Brent dropped toward $61 as bearish sentiment continued to outweigh…
A US government shutdown and an OPEC+ decision to increase output have placed downward pressure on oil prices.Despite this, US oil and natural gas production hit record highs in July…