Gasoline prices push Biden to restart closed refineries
The administration of US President Joe Biden began outreach to the oil industry; Hoping to operate closed refineries, after the increase in gasoline prices in the country. Closures during the…
Iran responds to America’s seizure of an oil shipment by seizing two Greek tankers
In a quick response to the United States’ confiscation of a shipment of Iranian oil off the coast of Greece, the Iranian Revolutionary Guards seized two Greek oil tankers, today,…
Gasoline prices in America rise to the highest level since 2012 – Energy
Gasoline prices in America rose to a 10-year high, with oil prices still trading at high levels around $115 a barrel. According to a report issued by the US Energy…
Where do the “unexpected” Saudi oil revenues go? .. The Minister of Finance answers – Energy
The Saudi Finance Minister, Muhammad Al-Jadaan, revealed the aspects of disbursing the “unexpected” Saudi oil revenues resulting from the rise in crude prices, which approached the barrier of 140 dollars…
India backtracks on privatizing Bharat Petroleum after receiving a single bid
The harsh conditions in the global energy sector caused India to fail to implement the largest privatization process in the country’s history for Bharat Petroleum, as a result of the…
Norwegian oil and gas companies raise their investments to $17.5 billion in 2022 – Energy
High oil prices contributed to increasing the enthusiasm of Norwegian oil and gas companies and raising the ceiling of their investment expectations during the current year. Data from the National…
Europe resorts to rationalizing consumption to alleviate the energy crisis (report) – Energy
Read in this article Spain approves energy saving plan to reduce dependence on Russian gas Italy announced a similar plan to reduce the use of air conditioners Germany to restart…
Europe resorts to energy savings to compensate for Russian gas supplies (report) – Energy
Read in this article Spain approves energy saving plan to reduce dependence on Russian gas Italy announced a similar plan to reduce the use of air conditioners Germany to restart…
Oil prices are rising… and Brent crude is near $ 118 – Energy
Oil prices rose during trading today, Friday, May 27, 2022, recording their highest level in two months. Brent crude is on track to achieve its biggest weekly jump in a…
Oil prices turn lower.. Brent crude is below $117 – (Update) – Energy
Oil prices turned lower during trading today, Friday, May 27, 2022, retreating from the highest levels in two months recorded early in the session. Brent crude is on track to…