*South Korea’s crude oil imports were down 155,000 b/d (5.4%) year-on-year at 2.71mn b/d for 1Q 2025 (see chart & table). And the chances of a demand rebound by the world’s number four importer over the remainder of ...
Samfunnsøkonom Espen Andreas Hauge sier at arbeidet gir mulighet til å jobbe med faglige problemstillinger som har stor økonomisk betydning for Norge. (Foto: Signe Vaula) 14.05.2024&...
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Egyptian President Sisi secured a commitment from Qatar to invest $7.5bn in his cash-strapped country during his 14 April visit to Doha which signaled a further strengthening of ties between the two nations that has seen...
bp announced an oil discovery at its Far South prospect in the deepwater US Gulf of America. In a statement, the company said that it drilled the exploration well in Green Canyon Block 584, located in western Green Canyo...
04/06/2024 The announced APA area in the Barents Sea has been expanded with 34 blocks, featuring good coverage thanks to recently released seismic data. The Ministry of...
Project awards for TotalEnergies’ Iraq $27bn Gas Growth Integrated Project (GGIP: Total 45%op, Basrah Oil 30%, QatarEnergy 25%) are picking up with Chinese firms the key winners. CNPC engineering subsidiary CPECC snagg...
On the sidelines of the US-Algeria Energy Forum 2025, SONATRACH and its partner, Occidental Petroleum (Oxy), signed two Memoranda of Understanding (MoUs) to consolidate and expand their cooperation through new partnershi...
05/06/2024 Starting Wednesday June 5th 23 employees in the Norwegian Offshore Directorate, that are members of the trade union Unio, are on strike. Update: On Wednesday morning, all employees are b...
The International Energy Agency (IEA) announced that global oil demand growth forecast for 2025 has been revised down to 730,000 barrels per day (bbl/d), a decrease of 300,000 bbl/d from the March report. The agency said...
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