In the landscape of global oil investments, Baker Hughes has released a sobering forecast regarding the upcoming years. The company anticipates a significant reduction in investments by oil producers due to a variety of economic pressures and market volatilities, which profoundly affect the
The recent 24th Foundation Day event of Petroleum Planning & Analysis Cell (PPAC) in New Delhi brought together top executives from India’s oil and gas sector. This landmark gathering focused on assessing the impacts of evolving global energy trends and the strategic responses necessary for I
Introduction The Flamanville 3 project, undertaken by EDF, has faced significant delays and financial problems, highlighting the challenges within the nuclear power industry. This timeline aims to track key events of the Flamanville 3 reactor project, illustrating its development from inception to
In today's interview, we're delving into some pressing issues in the energy sector with Christopher Hailstone, an expert with extensive experience in energy management, renewable energy, and electricity delivery. Christopher provides valuable insights into the intricacies of the
Global oil demand has experienced considerable fluctuations due to economic policies and international trade conflicts. One noteworthy factor shaping this dynamic is President Donald Trump's implementation of tariffs, particularly on China. These tariffs have imposed disruptions felt keenly in
Oil prices saw a significant increase recently, reaching a two-week high driven by new U.S. sanctions targeting Chinese importers of Iranian oil. Brent crude futures climbed by $1.18, marking a 1.8% rise to $65.85 per barrel, while U.S. West Texas Intermediate crude advanced by $1.14 or 1.9% to
