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The MSGBC region, encompassing Mauritania, Senegal, The Gambia, Guinea-Bissau, and Guinea-Conakry, is witnessing a rapid evolution in its energy landscape. Major projects are advancing across the sector, prompting nations to…

Asia’s oil-dependent economies are watching closely as diplomatic efforts toward a peace agreement between Russia and Ukraine gain momentum. The prospect of renewed Russian crude supplies is reshaping global oil…

Serbian President Aleksandar Vucic announced a government-backed plan on Tuesday, setting a strict 50-day deadline for Russian companies Gazprom and Gazprom Neft to sell their majority stakes in Naftna Industrija…

Serbia’s only oil refinery, owned by Russian companies, is at risk of shutting down within days due to United States sanctions. President Aleksandar Vučić announced in a televised address that…

Recent satellite and vessel tracking analyses have revealed a persistent pattern of oil pollution in Brazil’s offshore waters, raising concerns about the nation’s environmental stewardship and global reputation. The non-profit…

SK earthon Co., a leading South Korean oil exploration and production company, has announced the acquisition of a significant stake in an Indonesian oil block. The company has secured a…

South Korea’s SK earthon, the oil and gas subsidiary of SK Innovation, has taken a significant step to broaden its reach in Southeast Asia’s energy sector by acquiring a 34%…

Oil prices saw a notable surge of 5% at the end of October 2025 after the United States announced new sanctions targeting Russian oil companies. According to data from the…

Oil prices remained largely stable in Asian trading on Monday, following a week of notable declines. Both Brent Oil Futures, set to expire in January, and West Texas Intermediate (WTI)…

Egypt has reported significant progress in its foreign trade sector for the first ten months of 2025. According to Hassan El-Khatib, Minister of Investment and Foreign Trade, the country has…