Romanian army divers destroyed two Gerbera-type drones drifting in the country's Black Sea exclusive economic zone near the offshore gas project Neptun Deep, Defence Minister Radu Miruta said on Tuesday.
Japanese shipping company NYK Line reported revenues of JPY727.7 billion ($4.55 billion) for the three months ended June 30, representing a 21.1 per cent increase from the same period a year earlier.
Some producers in the Middle East are likely to struggle to restore oil output to pre-conflict levels by the end of 2027, even if trade patterns return to normal by early next year, the US Energy Information Administration said on…
Uniper expects gas prices to remain at around €50 to €60 per megawatt hour as long as the Strait of Hormuz is closed to shipping, the CEO of Germany's biggest gas importer said.Prices would need to fall to ensure German…
Nigerian President Bola Tinubu approved a new regulatory and fiscal framework for offshore oil and gas projects, his office said on Tuesday, a move the government says could attract up to $50 billion in investment and revive long-delayed developments.Nigeria has…
Arabian Drilling reported first-half 2026 revenue of SAR1.59 billion ($423 million), down 10.6 per cent year on year due to offshore rig suspensions. Second-quarter revenue fell seven per cent quarter on quarter to SAR765 million, although the decline was narrower…
