COGNICURRENT

Companies across the Middle East have halted their oil and gas operations amid the escalating confrontation between the U.S. and Israel against Iran.

Multiple tanker owners, oil companies, and brokers have halted the movement of oil, refined fuels, and liquefied natural gas ships through the Strait of Hormuz following US and Israeli actions against Iran and Iran's retaliatory measures in the Middle East.

Several large oil companies have stopped the transport of crude oil and gas through the Strait of Hormuz following the outbreak of conflict between the USA and Israel against Iran.

Poland's leading energy companies plan to invest 35-40 billion zł in constructing 13 new gas-fired power plants by 2030, leading to higher energy bills for consumers.

Iran is attempting to entice U.S. President Donald Trump with financial incentives to invest in its vast oil and gas reserves as part of efforts to negotiate a nuclear agreement.

Major electric and gas companies in Japan have announced price increases for March due to rising fuel costs and reduced government subsidies.

The Ministry of Oceans and Fisheries in South Korea has announced the recruitment of coastal shipping companies to participate in the 'Eco-Friendly Certified Ship Support Project' aimed at supporting the construction of eco-friendly ships.

The U.S. Treasury Department has announced that oil and gas sales to Cuba are now authorized, provided that the fuel is directed to private citizens and companies.

The São Paulo Regulatory Agency (Arsesp) announced the return of approximately R$ 2 billion to consumers in São Paulo through reduced gas bills, stemming from judicial tax credits obtained by gas distribution companies.

Iran is considering sending half of its enriched uranium stockpile abroad and has offered US companies involvement in its oil and gas projects during ongoing nuclear talks.

The Vertical Corridor of gas pipelines among Eastern European countries is facilitating deals in LNG and other business agreements between Greek and American companies.

The Swedish government has revised its climate policy to begin supporting companies that export natural gas-powered energy plants, reversing a previous ban.

Venezuela's vast oil reserves are overshadowed by the untapped potential of its natural gas fields, particularly off its eastern coast, which foreign companies are now keen to develop.

A report from Spain's Treasury indicates that the consulting firm founded by former Finance Minister Cristóbal Montoro received nearly one million euros from gas companies in payments disguised partly as success fees between 2011 and 2020.

The United States has relaxed energy sector sanctions on Venezuela, enabling global oil companies to resume operations and invest in the country's oil and gas industry.

The article discusses the high prices of fuel at highway gas stations in Germany compared to local prices, questioning the reasons behind the difference.

Libya has awarded exploration licenses for five oil and gas blocks to major foreign energy companies as part of an effort to revitalize its energy sector.

A group named 'Ogoni Beyond Oil and Politics' is advocating for multinational oil companies to support the recently established Federal University of Environment and Technology in Rivers State, Nigeria, to facilitate the training of local youths for the oil and gas industry.

Five international companies have been awarded licenses for oil and gas exploration in Libya, marking the country’s first bidding round in nearly two decades amid ongoing political division.

Syria is seeking to reposition itself on the regional energy map by granting licenses to major energy companies for exploration of vast gas reserves, estimated at trillions of cubic meters.

The US Treasury has issued a general license permitting American companies to explore and produce oil and gas in Venezuela, following recent political changes.

The Nigerian House of Representatives has established a seven-member panel to conduct a forensic audit of gas supplied to power generation companies due to concerns over gas being provided to inactive facilities.

Egypt has instructed international oil companies to double their production by 2030, with a focus on revising existing contracts to encourage new investments.

Australian ministers held over 20 meetings with Japanese gas companies, highlighting efforts to support the fossil fuel industry amidst lobbying for favorable policies.

Donald Trump's aggressive foreign policy is reshaping the oil and gas market, facilitating new deals for major U.S. companies like ExxonMobil and Chevron.

The global oil industry is still a cornerstone of the energy system, crucial for economies and trade flows, despite the rise of renewable energy sources.

Argentine oil companies have stepped in to dominate the nation’s oil and gas production as foreign giants scale back their investments.

British Gas customers are cautioned about scams posing as offers that could steal personal and financial information.

As major oil and gas companies withdraw from Argentina's volatile economy, domestic groups are intensifying their development of the vast Vaca Muerta shale field in Patagonia.

Syria signed a memorandum of understanding with American Chevron and Qatari Power International for oil and natural gas exploration in Syrian territorial waters.

Greek companies are securing access to liquefied natural gas for the next 15 years, transforming the Greek terminal into a crucial power hub for Southeast Europe amidst the countdown to the end of Russian natural gas.

Kuwait plans to invite international oil companies to assist in developing newly announced offshore oil and gas discoveries, as stated by Prime Minister Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah during a conference.

The CNMC has imposed a fine of €20.5 million on several companies of the Repsol Group for engaging in practices detrimental to rival gas stations.

Nigeria's government asserts that its oil and gas sector can accommodate both foreign and local companies, emphasizing the importance of local content for industrial growth.

At the International Gas Conference in Qatar, leaders from major natural gas companies sharply criticized European policymakers for environmental restrictions on the gas sector, highlighting a projected increase in global gas demand in the coming years.