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United States
President Biden to Decide Fate of Nippon Steel’s $15BN Bid for US Steel
Nippon Steel’s $15 billion bid for US Steel has been referred to US President Joe Biden, a White House spokesman said, giving the president 15 days to decide o…
Oil Price
Azerbaijani Oil Price Once Again Exceeds $75
The price of Azerbaijani crude oil has once again surpassed $75 per barrel.A barrel of Azeri Light crude rose by $1.11, or 1.49%, reaching $75.37 on Wednesday.T…
United States
The Coming Critical Minerals Trade War Is Brics Short of a Load
The incoming Trump administration’s threat of tariffs has muddied the already cloudy outlook for mining and metals in 2025.Chinese retaliation has been sw…
Oil Refinery
NLC Hails Dangote Refinery for Fuel Price Cut
The Nigeria Labour Congress has commended Dangote Refinery for its recent reduction in fuel prices, describing it as a timely economic relief for Nigerians.Spea…
Crude Oil
RON97 Petrol Price Up By 3 Sen; RON95 And Diesel Unchanged
The retail price of RON97 petrol will increase by 3 sen to RM3.25 per litre, effective Dec 26, 2024, to Jan 1, 2025, according to the government.Meanwhile, RON9…
Oil Exploration
Onshore Petroleum Auction Set to Be Held
Authorities are calling for bids for onshore petroleum exploration and production in nine areas in the Northeast and central region for the first time in 17 yea…
Australia
Progress of Projects Such as the Orient Polymetallic Mine in Australia
Iltani Resources has seen high-grade mineralization at the Orient East silver indium project in northern Queensland, which had previously seen the highest grade…
Natural Gas
KazMunayGas and CNOOC Joining Forces to Dig Deeper Into Geological Exploration
KazMunayGas and CNOOC are expanding their cooperation in geological exploration, discussing key aspects of bilateral collaboration, including the joint implemen…
Offshore Wind Power
Vietnam National Oil and Gas Group Seeks World Bank Support for Offshore Wind Power Development in Vietnam
Vietnam National Oil Imitation Group calls on the World Bank to provide support, including capital, to assist green energy projects, especially offshore wind po…
Natural Gas
Gas Exploration Firm’s Licence Extended Again
A company looking to extract gas from Manx territorial waters has had its exploration licence extended once more.A two-month extension has been granted to Crogg…
Wind Turbine
Vestas Wins Spain Iberdrola 99MW Wind Turbine Retrofit Order
Recently, Iberdrola in Spain signed a 99MW order with Vestas to upgrade and renovate the Molar de Molinar and Isabela wind farms located in Castile La Mancha, S…
LNG
Golar LNG Buys Remaining Stake in Flng Unit for $90M
Floating liquefied natural gas (FLNG) specialist Golar LNG has acquired minority ownership interests in the 2.4 mtpa FLNG Hilli from Seatrium and Black & Veatch…
Wind Farm
Clean Power 2030: Charge Offshore Calls on the Wind Industry to Electrify Its Expansion
The UK’s latest Clean Power 2030 roadmap promises to make offshore wind the ‘backbone’ of the British electricity system by tripling offshore …
Wind Farm
Vestas Secures 99 MW Order for Wind Power Repowering at Molar de Molinar and Isabela Wind Farms in Castilla-la Mancha, Spain
Iberdrola has placed a 99 MW order for the repowering of the Molar de Molinar and Isabela wind farms, located in Castilla-La Mancha, Spain. The contracts includ…
Russian
Global Oil Demand to Gain 1-1.5 Mbd in 2025
Russia expects growth of global oil demand in 2025 to reach from 1 mln barrels per day (mbd) to 1.5 mbd, Deputy Prime Minister Alexander Novak said in an interv…
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