oil
Suriname’s parliament elects Jennifer Geerlings-Simons as first female president amid economic challenges
Suriname's National Assembly elected Jennifer Geerlings-Simons as the country's first female president, marking a historic milestone in the nation's political landscape. The 71-year-old...
President Trump confirms August 1 deadline for 25% tariff on Indian goods over Russian oil purchases
President Donald Trump announced the imposition of a 25% tariff on Indian imports, effective August 1. This decision was driven by concerns over...
Saudi Arabia to Increase September Oil Prices to Asia for Second Consecutive Month
Saudi Arabia, the world's largest oil exporter, is poised to increase its official selling prices (OSPs) for crude oil to Asia in September...
Libya’s National Oil Corporation (NOC) has initiated its first oil exploration tender since 2011
Libya's National Oil Corporation (NOC) has initiated its first oil exploration tender since 2008, aiming to attract international companies to boost production and...
Kazakhstan’s crude oil production in 2025 surged by 7.5%
Kazakhstan's crude oil production experienced a significant surge, increasing by 7.5% from May to reach 1.88 million barrels per day (bpd). This output...
Exxon Mobil led consortium returns 2,534 square kilometers of roek Block to Guyanese government
ExxonMobil Guyana Limited (EMGL), along with its partners Hess and CNOOC, has officially relinquished 2,534 square kilometers—approximately 9%—of the Stabroek Block to the...
Gabonese President Brice Oligui Nguema seeks U.S. investment to process mineral resources domestically
Gabonese President Brice Oligui Nguema has actively sought to attract foreign investment to bolster the nation's economic development, particularly in the processing of...
Global Leaders Gather for Climate Summit: Urgent Calls for Action as Wildfires and Floods Highlight Growing Environmental Crisis
A significant summit in Seville, Spain, convened over 50 global leaders to address escalating challenges in poverty reduction, climate change mitigation, and the...
Oil Prices Fluctuate Due to Middle East Tensions and Supply Concerns
Oil prices have experienced significant fluctuations in recent weeks, primarily driven by escalating tensions in the Middle East and concerns over global supply...
Geopolitical Tensions: Analyzing Recent Conflicts and Their Global Implications
Escalating geopolitical tensions have significantly influenced global markets and international relations. The Middle East, particularly the Israel-Iran conflict, has been a focal point,...
