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Indian Oil Purchases Six Million Barrels of Crude Ahead of April Delivery, Avoids Russian Oil, ETEnergyworld
IOC acquired Angolan Pazflor and Nigerian Agbami and Akpo crudes. They also bought Nigerian Bonny Light and UAE’s Upper Zakum crude.Indian…
(BOE Report) – Chevron is one of at least two companies vying for Lukoil’s global assets, despite…
(Investing) – Oil prices ticked up on Friday, after reports citing Iran’s foreign minister said talks between…
(Oil Price) – ConocoPhillips (NYSE: COP) booked lower-than-expected earnings for the fourth quarter as higher production was…
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Brent Crude Oil
Price: $61.39 per barrel
Currency: USD
Last Updated: 2025-05-03 20:09 UTC
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Vietnam’s state utility EVN has awarded a $974 million contract for a 1,612 MW LNG power plant, marking a major shift in regional energy infrastructure investment The project highlights Southeast Asia’s balancing…
KKR to invest up to A$600 million ($603 million) into HMC Capital’s energy transition platform, backing a 652MW operational portfolio and 5.7GW development pipeline Capital targets battery storage and wind assets critical…
TotalEnergies will deliver 1 GW of solar capacity to Google under 15 year PPAs, equal to 28 TWh of renewable electricity in Texas Deal highlights rising corporate demand for firmed clean power…
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Brent vs WTI
(WO) – Perenco Congo has completed installation of the new Kombi 2 platform on the Kombi-Likalala-Libondo II (KLL II) field offshore…
Transocean to acquire Valaris in $5.8-billion deal, creating offshore drilling giant – Oil & Gas 360
(World Oil) – Transocean Ltd. has agreed to acquire offshore driller Valaris Ltd. in an all-stock transaction valued at approximately $5.8 billion, creating what…
(WO) – Subsea7 has been awarded a substantial contract by Chevron for subsea installation work in the Eastern Mediterranean, reinforcing the…
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground As U.S. – Flagged Vessels Are Told To Stay Away From Iran
Subscribe To NotificationsScan QR code to install appImportant DisclaimersFXEmpire is owned and operated by Empire Media Network LTD., Company Registration Number 514641786, registered at 7 Jabotinsky Road, Ramat Gan 5252007, Israel. The…
OPEC Announcements
The giant Tengiz oilfield in Kazakhstan has returned 60% of its peak production and was…
Vitol expects global oil demand to peak around the middle of the 2030s, due to…
Germany is proposing that renewable energy developers pay for connecting to the grid in new…
Indian refiners are poised to halve imports of Russian crude oil following the U.S.-India trade…
India’s largest state-owned refiner, Indian Oil Corporation (IOC), has boosted purchases of crude oil from…
U.S. Energy Policy
Bolt Data and Energy, a data center development firm that was cofounded late last year by former Google CEO Eric Schmidt, is negotiating a deal that would allow it to begin construction on a large…
North America
(WO) – The Railroad Commission of Texas (RRC) has assessed more than $1.4 million in enforcement penalties against oil and gas operators and related businesses, reinforcing regulatory oversight across the state’s upstream and pipeline sectors. At its latest open meeting, commissioners approved a total of $1,423,693 in fines…
EU Carbon Targets
Proposals to build coal-fired plants in China reached a record high in 2025, finds a new study. The report, released by the…
Asia & China
There are several attractive opportunities right now in dividend stocks, according to Capital Group’s Christopher Buchbinder. As the lead portfolio manager of the Capital…
(WO) – Perenco Congo has completed installation of the new Kombi 2 platform on the Kombi-Likalala-Libondo II (KLL II) field offshore the Republic of…
Panama’s Supreme Court issued a ruling late on Thursday that the concession held by a Chinese company to operate ports at each end of the Panama Canal contravenes…