Industrial Highlights | BP Shifts Strategic Focus Back to Oil and Gas
Apr,16 2025
BP has announced a strategic pivot, increasing its investment in oil and gas operations to approximately $10 billion annually, while reducing its commitment to renewable energy projects.
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Industrial Highlights | Eni and Petronas will establish a New Joint Venture
Apr,16 2025
Eni and Petronas have signed a memorandum of understanding to establish a joint venture overseeing selected upstream assets in Indonesia and Malaysia.
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Industrial Highlights | Iraq and BP Finalize Deal to Expand Oil Production in Kirkuk
Apr,16 2025
Iraq and BP have reached a significant agreement to develop multiple oil fields in Kirkuk province, aiming to boost production capacity and modernize the region’s energy infrastructure.
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Industrial Highlights | Middle East: A Key Player in the Global Oil & Gas Market
Apr,16 2025
The Middle East holds a pivotal position in the global oil and gas industry.
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Industrial Highlights | Possible New Refinery & Petrochemical Plant Construction between Guyana and Dominican Republic
Oct,17 2025
Guyana and the Dominican Republic are advancing collaborative efforts in offshore oil and gas exploration, alongside plans to construct a petrochemical plant and potentially a refinery in Guyana.
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