Saudi Aramco Increases Crude Prices Despite OPEC+ Supply Expansion
According to World of Petroleum and Bitumen (WPB), Saudi Aramco has announced an upward adjustment in the official selling prices (OSPs) of its crude...
LEARN MOREAccording to World of Petroleum and Bitumen (WPB), Saudi Aramco has announced an upward adjustment in the official selling prices (OSPs) of its crude...
LEARN MOREAccording to WPB, the United States has expanded its economic measures targeting Iran’s oil sector by introducing a new round of sanctions. These d...
LEARN MOREAccording to WPB, recent data from energy analytics firms such as Kpler reveal that China remains a key buyer of Iranian crude oil, continuing its im...
LEARN MOREAccording to WPB, India has substantially increased its crude oil imports from the United States, more than doubling recent volumes as part of a broa...
LEARN MOREAccording to WPB, Canada possesses significant reserves of oil and natural gas, but currently produces considerably less than Russia.
LEARN MOREAccording to World of Petroleum and Bitumen (WPB), rising hostilities in the Middle East have unsettled global energy markets, yet oil prices have de...
LEARN MOREAccording to WPB, oil refiners across Asia are actively pursuing increased volumes through term contracts, responding to a surge in spot crude premiu...
LEARN MOREAccording to WPB, recent military developments in the Middle East have introduced heightened instability to global energy markets. Aerial strikes car...
LEARN MOREAccording to WPB, Japan has recently resumed the importation of Russian-origin crude oil, marking the first such purchase since early 2023. The move ...
LEARN MOREAccording to WPB, the oil and gas sector is currently navigating a period of financial strain, as global crude prices hover in the low $60 range per ...
LEARN MOREAccording to WPB, investment levels in Norway’s oil and gas industry are poised to reach their highest point to date, largely propelled by increase...
LEARN MOREAccording to WPB, the global base oil market displayed varied regional dynamics during the first quarter of 2025, shaped by crude oil fluctuations, r...
LEARN MOREAccording to WPB, Kazakhstan is anticipated to exceed its planned oil production levels for the current year, primarily driven by the expansion of th...
LEARN MOREAccording to WPB, the role of base oils in modern energy and industrial systems has reached new levels of importance. As global industries work towar...
LEARN MOREAccording to WPB, India has firmly positioned itself as the leading driver of global oil demand growth, having overtaken China earlier than many anal...
LEARN MOREAccording to WPB, global energy giants Chevron, Shell, and BP are intensifying their involvement in Egypt’s natural gas sector, positioning the cou...
LEARN MOREVenezuela’s critical oil sector is deteriorating, and the root cause extends far beyond internal issues like broken-down facilities or ongoing admi...
LEARN MOREWith global liquefied natural gas (LNG) capacity expected to surge from 486 million tonnes annually in 2023 to 755 million tonnes by 2030, Africa is ...
LEARN MORETurkey is actively engaging in discussions to initiate oil and gas exploration in Bulgaria, with parallel efforts underway for similar projects in Ir...
LEARN MOREEfforts to reduce carbon emissions within the oil and gas industry have remained a contentious and urgent issue for years. As 2025 approaches — a s...
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