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In September 2008, after hurricanes Gustav and Ike decimated Gulf communities, the DOE authorized an SPR exchange of nearly 5 ...
Arabian Gulf Business Insight on MSN21h
Oman oil discoveries push PDO revenue to 20-year high
Petroleum Development Oman has reported its highest revenues in 20 years, thanks to oil and gas discoveries in 2024. State-run PDO, which is the biggest hydrocarbons explorer and producer in Oman, ...
Indonesia is leveraging a potential $10 billion oil and fuel import deal to pressure the U.S. into lowering steep tariffs on ...
The Department of Energy (DOE) on Friday confirmed a potential oil price rollback of more than P1 per liter next week, ...
The broader trend suggests that other market forces (such as supply shocks, demand growth, and geopolitical risk) likely play ...
The Department of Interior (DOI) is proposing to reopen up to 82%of the 23-million-acre National Petroleum Reserve in Alaska ...
The Indian government plans to subsidize state-run oil companies with Rs 30,000-35,000 crore due to the losses from selling ...
In a renewed push to meet its OPEC production quota and 2025 budgetary targets, the Federal Government on ...