Aramco CEO Warns Oil Squeeze is Serious
Globally, the squeeze on crude oil is serious, Aramco President and CEO Amin H. Nasser said.
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Industry News
Australian state approves 1.5GW Warracknabeal wind farm project
The Victorian Government has approved the 1.5GW Warracknabeal Energy Park, paving the way for the largest wind farm in the southern hemisphere.
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Angola Seeks to Keep Oil Output Above 1MM Barrels a Day
Angola wants to keep crude production above 1 million barrels per day.
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Blue Lagoon confirms first finalised gold output from Dome Mountain
Blue Lagoon Resources has completed its first finalised production of gold and silver concentrate from the Dome Mountain Gold and Silver Mine, located near Smithers, British Columbia, Canada. The post Blue Lagoon confirms first finalised gold output from Dome Mountain appeared f…
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Kingsrose secures exploration permit for Penikat Area 6 in Finland
Kingsrose Mining has announced that the Finnish mining authority, Tukes, has granted both an Exploration Permit and an Enforcement Order for Area 6 of the Penikat Project, in Northern Finland. The post Kingsrose secures exploration permit for Penikat Area 6 in Finland appeared f…
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Seascape Energy receives Petronas approval for Temaris PSC expansion
Seascape Energy has received a Letter of Agreement from Petronas, through Malaysia Petroleum Management, for a 547km² expansion of its Temaris Cluster Small Field Asset PSC offshore Peninsular Malaysia.
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USA to Use Cold War Era Law to Expand Texas Refinery
Vice President JD Vance announced Trump administration plans to work with Delek U.S. Holdings Inc. to expand a refinery in Texas.
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IEA Says UAE Oil Output Surged to Records in September
Oil output from the United Arab Emirates climbed to record levels last month, the International Energy Agency said.
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Adnoc says decade-old contingency plan kept oil flowing throughout Iran war
Source: The National (Business), 2026-10-15. Third-party report, linked to its original publisher; IC360 has not independently verified it.
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Trump Touts ‘Massive’ Oil, Gas Exploration in Greenland
U.S. President Donald Trump said ‘Massive Oil, Gas, and Mineral Exploration is getting ready to begin’ in Greenland.
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