Commodities

Talos founder Tim Duncan leads U.S. Gulf oil acquisition with new firm

(Bloomberg) – A brand new oil and fuel firm backed by Talos Power founder Tim Duncan has entered the U.S. Gulf by the acquisition of Renaissance Offshore, marking its first transfer into U.S....

Mexico’s oil and fuel sector wants certainty to drive funding, AMEXHI says

(WO) - The Mexican Affiliation of Hydrocarbons Corporations (AMEXHI) has expressed assist for the federal authorities’s fuel technique aimed toward strengthening vitality sovereignty, whereas emphasizing the necessity for improved funding circumstances to advance...

U.S.-Iran talks advance as Hormuz standoff continues to disrupt oil provide

(Bloomberg) — The U.S. and Iran are transferring towards additional negotiations to increase a fragile ceasefire, at the same time as tensions over the Strait of Hormuz proceed to disrupt international oil flows...

ABL, PMS accomplice on rig transferring providers for Egypt offshore operations

(WO) - ABL has signed a memorandum of understanding (MoU) with Petroleum Marine Providers (PMS) to offer offshore rig transferring assist and marine assurance providers in Egypt. Beneath the settlement, ABL will assist PMS...

TotalEnergies, TPAO signal exploration MoU for Black Sea alternatives in Türkiye

(WO) — TotalEnergies and Türkiye Petrolleri Anonim Ortaklığı (TPAO) have signed a memorandum of understanding (MoU) to guage oil and gasoline exploration alternatives in Türkiye’s Black Sea and different worldwide areas. The settlement establishes...

Saudi oil output, exports hit after assaults on vitality infrastructure

(Bloomberg) — Saudi Arabia mentioned latest assaults on key vitality infrastructure have disrupted oil and gasoline manufacturing and decreased export capability, tightening world provide amid ongoing battle within the Center East. Amenities throughout Riyadh,...

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