Middle East
Kuwait hopes to have higher oil production quota as country ramps up capacity
Kuwait's oil minister said that his country hopes to have a higher oil production quota when it ramps up capacity, and that Kuwait remains committed to OPEC decisions.
Power supply returning to Kazakhstan oil refinery, pipeline after outage
Power supply is returning in Kazakhstan after a significant outage affected an oil refinery, major oilfields and the CPC export pipeline, the Central Asian nation's energy ministry said.
Atyrau oil refinery in Kazakhstan halted due to power outage
The Atyrau oil refinery in western Kazakhstan was completely halted due to power outage.
Kuwait's KIPIC puts out fire at al-Zour refinery
Kuwait Integrated Petroleum Industries Company put out a fire at the al-Zour refinery without any reported injuries, a company spokesperson said.
Direction of cost-effective carbon capture and storage technologies
Around the world, many nations and companies are transitioning toward the decarbonization of energy.
Global Project Data
According to Gulf Energy Information’s Global Energy Infrastructure database, the Asia-Pacific region continues to lead in active projects in the hydrocarbon processing industry.
Is oil market’s glass half full or half empty?
Global petroleum prices appear reasonable given the level of inventories – to the frustration of the producers who would like them to be significantly higher.
Oil heads for fourth straight quarterly decline
Oil prices rose above $75 a barrel but were on course for a fourth consecutive quarter of losses amid concerns over sluggish global economic activity and fuel demand.
Fashion industry driving demand for green shipping, Maersk says
Fashion brands are a key driver of demand for green shipping fuels, according to shipping group Maersk, as the sector faces pressure from consumers and regulators to reduce their climate footprint.
OPEC oil output posts small drop in June ahead of Saudi cut
OPEC oil output has fallen only slightly in June as increases in Iraq and Nigeria limited the impact of cutbacks by others, despite a wider OPEC+ deal and voluntary cuts by several members to support the market.
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