20 Feb, 2025

ADNOC and BPCL finalise major LNG supply deal following India Energy Week

Abu Dhabi National Oil Company (ADNOC) has officially cemented a significant five-year liquefied natural gas (LNG) supply agreement with India's Bharat Petroleum (BPCL), commencing in April 2025. The deal, e... more

20 Feb, 2025

Oil prices tumble as US crude inventories surge and geopolitical tensions ease

West Texas Intermediate (WTI) crude oil prices experienced a significant decline, falling approximately 2.5 per cent in their largest drop since January. This downturn comes after three consecutive days of g... more

20 Feb, 2025

Chevron to slash workforce by up to 20 per cent amid cost-cutting drive

Chevron has announced a significant restructuring plan that will see its global workforce reduced by 15-20 per cent by next year. The move, impacting potentially 9,000 employees, is part of a broader strateg... more

20 Feb, 2025

Australian government’s gas exclusion from CIS sparks controversy

The Australian federal government's recent decision to exclude gas from the Capacity Investment Scheme (CIS) has ignited a heated debate over the future of Australia's energy landscape. Critics argue that th... more