Indonesia has granted mining production quota requests and aims to finalise the process by the end of …
Mining
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Indonesia’s Pertamina aims to boost exploration activities in the nation’s eastern territories to reinforce production.
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FeatureIndustry & TradeMiningTech/AI
Russian oil to India faces new challenges
by Aya Anwarby Aya AnwarRussian oil exports to India are at risk amid new US sanctions imposed on Moscow, this move …
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FeatureIndustry & TradeMiningTech/AI
Iraq’s output will not exceed 4mln bpd
by Aya Anwarby Aya AnwarIraq is committed to producing no more than 4 million bpd following the announcement of its second …
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FeatureIndustry & TradeMiningTech/AI
China, Indonesia to cut nickel output amid price slump
by Aya Anwarby Aya AnwarChina and Indonesia plan to cut their nickel production this year in an effort to minimize losses …
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Featureforex newsIndustry & TradeMiningTech/AIThe Watch
Global oil market turns local amid Red Sea unrest
by Aya Anwarby Aya AnwarOil market appears more localised, as the ongoing Red Sea unrest and rising freight rates made supplies …
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Shell reported 2023 revenues of $28 billion, down 30 per cent from the previous year’s record, due …
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FeatureIndustry & TradeInternational NewsMiningNewsTech/AI
US pause on LNG export raises Japan’s concerns over new projects
by Aya Anwarby Aya AnwarThe temporary suspension of US export licenses raised Japanese concerns that the launching of new LNG facilities …
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FeatureIndustry & TradeMENA NewsMiningNewsTech/AI
Saudi Aramco requested to cut max capacity target back to 12 mbpd
by Aya Anwarby Aya AnwarSaudi Aramco said on Tuesday it was directed to lower its planned maximum sustainable oil production capacity …
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FeatureIndustry & TradeMiningTech/AI
QatarEnergy, Excelerate Energy sign LNG supply agreement
by Aya Anwarby Aya AnwarQatarEnrgy and U.S. Excelerate Energy signed a 15-year LNG supply agreement of 1 million metric tons per …