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Petroleum
EU Oil Import Value Rises 56 Percent as Volume Holds Steady
Eurostat data points to a sharp increase in import costs while physical oil volumes changed only slightly The value of European Union ....
Libya’s NOC Declares Emergency After Fuel Tank Hit and
TRIPOLI — Libya’s National Oil Corporation (NOC) declared a state of emergency after a major gasoline storage tank operated by Brega ....
UAE announces decision to withdraw from Opec, Opec+ from
Earlier on April 28, the UAE announced it would withdraw from Opec (and Opec+) effective May 1, 2026. This decision, taken after over six decades ....
Kuwaiti tanker 'Al Salmi' attacked by Iran drone off Dubai
Dubai: An Iranian drone targeted the Kuwaiti oil tanker Al Salmi, which was anchored off Dubai Port. The Kuwait Petroleum Corporation (KPC) ....