United Oil & Gas advances Walton Morant Licence in Jamaica
United Oil and Gas Achievements Walton Morant’s License in Jamaica
oil
Kuwait Doubles Down On Oil Infrastructure And Investment
In January 2024, Khaled al-Sabah, CEO of Kuwait Petroleum Corporation (KPC), revealed an ambitious investment plan of $ 30 billion aimed at increasing the Émirate’s oil production capacity by 40%. The objective is to increase the production of 2.8 million barrels per day (BPD) to 4 million BPD by 2040. To transform the ambition into … Read more
Oil steady as investors watch Trump 2.0 policies By Reuters
By Arathi Somazekhar and Jeslyn Leary SINGAPORE (Reuters) – Oil prices were little changed on Wednesday as markets weighed U.S. President Donald Trump’s declaration of a national energy emergency on his first day in office and its impact on supplies. Futures were up 9 cents at $79.38 a barrel by 0420 GMT, while U.S. West … Read more
Russia clears thousands of tons of contaminated sand after Black Sea oil spill By Reuters
(Reuters) – Russian rescuers have cleaned up more than 86,000 tons of contaminated sand and soil on both sides of the Kerch Strait after an oil spill in the Black Sea last month, the Emergencies Ministry said on Saturday. Oil has leaked from two aging tankers that were hit by a storm on December 15. … Read more