Keywords: Oil and gas
Oman has launched a new bidding round for five oil and gas concession blocks as part of its efforts to attract foreign investment and strengthen the development of its hydrocarbon sector. According to the country’s energy ministry, the initiative aims to enhance exploration activities and unlock......
European Union energy ministers are scheduled to meet on Tuesday to discuss a coordinated response to disruptions in oil and gas markets caused by the ongoing conflict involving Iran, according to an internal EU briefing. Europe’s heavy dependence on energy imports has exposed it to rising prices......
European equities posted their steepest single day drop in months on Monday as investors reacted to the deepening military confrontation involving the United States, Israel, and Iran and its fallout for global trade and energy flows. The pan-European Stoxx 600 lost around 1.8 percent, while Germany’s......
US energy giant Chevron has entered into a preliminary agreement to assess offshore oil and gas exploration opportunities off the Syrian coast, the company confirmed on Wednesday. According to a spokesperson, the memorandum of understanding was signed with Syria’s state oil company and Qatar-based......
Libya is preparing for a major milestone in the revival of its energy sector. For the first time in nearly eighteen years, the National Oil Corporation (NOC) is set to reveal, in early 2026, the companies selected to receive new oil and gas exploration licenses. The announcement was confirmed by NOC......
California's top Republican in the State Senate, Brian Jones, has praised the Trump administration for reviving the Santa Ynez Unit oil project off the state's coast. This comes after years of opposition from prominent Democrats, including Rep. Adam Schiff, following the 2015 shutdown caused......
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