Q4 2024 Management View CEO Brad Corson highlighted strong operational performance across upstream and downstream assets, leading to record Q4 production levels and solid earnings despite lower ...

China’s economic stimulus measures are also critical in shaping global oil demand. On Tuesday, the National Development and Reform Commission (NDRC) outlined plans to create a unified national ...

Sinopec maintains a stable and liquid balance sheet in order to retain flexibility. The firm's adjusted EBITDA covered its interest expense by 11 times in 2023, with net gearing ratio of 0.12 times as ...

[SMM Analysis: Petroleum Coke Market Prices Continue to Rise, Tight Supply and Demand Drive Short-Term Fluctuation at Highs] In the petroleum coke market, downstream carbon enterprises actively ...

The forecast for 2025 is broadly unchanged from that in the October 2024 World Economic Outlook (WEO), primarily on account of an upward revision in the United States offsetting downward revisions in ...

India Inc earns fat profits but is not willing to pay more: Economic Survey ... inflow of capex in upstream and add to global supplies," said Mukesh Surana, CEO, Ratnagiri Refinery & Petrochemicals ...

Oil demand generally tracks economic growth. A robust economy can support rising oil prices and oil producer profitability. However, geopolitics and capital allocation also play crucial roles in ...

IMPI has supported President Tinubu’s economic ... analysis of the emerging pattern of the economy since the introduction of the Tinubu reforms 19 months ago. According to the policy think tank, the ...

The Upstream Petroleum Resources Development Act is not merely a regulatory update, it is a cornerstone of South Africa's economic transformation agenda. This legislation embodies the ANC's ...

However, the impact of this provision is mitigated by the consultation obligation and the fact that the term of the petroleum right is extended for the period of such postponement. Third party access ...

according to data from the Petroleum Planning and Analysis Cell. December 2024 saw a 6.3% rise in POL imports compared to the same month the previous year. Crude oil imports during the nine-month ...

A gas discovery has been made in Norway's Barents Sea but the country's offshore petroleum directorate says it is not of an economic size. The Elgol prospect was drilled by a Vaar Energi-led joint ...