03 Dec, 2024

TotalEnergies halts financial contributions to Adani Group following indictment

TotalEnergies has announced it will cease new financial contributions to the Adani Group following the indictment of several executives from the conglomerate by U.S. authorities. This indictment is linked to... more

03 Dec, 2024

Oil prices stabilise amid geopolitical tensions and supply concerns

Crude oil prices have shown signs of relative stabilisation this week after a bearish start, with West Texas Intermediate (WTI) futures holding around US$68.5 per barrel. The U.S. Energy Information Administ... more

03 Dec, 2024

Argentina’s Vaca Muerta shale play hits record oil production, eyes 1 million BPD by 2030

Argentina's Vaca Muerta shale play achieved a new milestone in oil production, reaching 400,000 barrels per day (bpd) in the third quarter of 2024, according to the latest analysis by Rystad Energy. This rep... more

03 Dec, 2024

India set to lead Asia in oil and gas pipeline expansion by 2028

India is poised to dominate the oil and gas transmission pipeline network expansion in Asia, according to a new report by GlobalData. The country is expected to account for over 40 per cent of the region's t... more