Latest news and articles about صناعة النفط from NEX English
Recent reports indicate that Indonesia's oil and gas industry plays a vital role in enhancing local economic growth by increasing revenues and creating job opportunities. This was highlighted by Dr. Rento Budiantoro from Pertamina University.
Sources indicate that the Hadera Refinery, one of Israel's largest oil refineries, has undergone important operational changes reflecting new trends in the Israeli energy sector. These developments come at a time of significant transformations in the oil markets in the region.
Wine barrels transformed into a global standard for measuring oil after American oil producers agreed on their size in the 19th century. This shift helped organize the oil trade and facilitated the transport of millions of barrels worldwide.
Cnooc, a major player in the oil sector, has reported a significant decline in its profits for 2025 due to falling global oil prices. Despite an increase in production, the drop in prices has adversely affected the company's revenues.
Oil sector leaders are gathering at the «CERAWeek» conference in Houston, with the shadow of conflict with Iran looming over global energy markets, raising concerns for companies about adapting strategies to the tense atmosphere. The current conditions reflect a seismic shift in US energy policy, as the industry braces for potential conflicts impact on oil prices.