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Suezmax tanker rates have been climbing after exports started to return to normal from the Caspian Pipeline Consortium (CPC) ...
This development marks a significant milestone in the global energy sector. The Tengiz field is widely recognized as the world's deepest-producing supergiant oil field and the largest single-trap ...
Russian authorities on Monday ordered the shutdown of two-thirds of offshore oil loading capacity at a Black Sea tanker ...
The partial suspension of operations at a Black Sea loading terminal had raised concerns that Kazakhstan oil producers might ...
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Russia has ordered the shutdown of two of the three moorings at the Black Sea oil export terminal handling Kazakhstan's crude ...
A flurry of oil projects from Brazil to Saudi Arabia are set to come online this year, providing the biggest infusion of new crude production in more than a decade.
As part of the FGP, a new Third-Generation Plant (3GP) was built at the Tengiz oil field, which was discovered in 1979 and ranks as one of the world’s largest and deepest fields. This project ...
Global oil demand to rise to 103.9 mb/d in 2025, Asia to account for 60% of global oil demand growth
Global oil demand is forecast to rise to 103.9 million barrels per day (mb/d) in 2025, up from an estimated 830,000 barrels per day (kb/d) growth in 2024, according to the International Energy Agency ...
Kazakhstan's oil and condensate production hits record in March, sources say Kazakhstan's oil and condensate output reached a record high in March, with higher output from the giant Tengiz ...
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