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  • Pakistan Inks Five Oil and Gas Exploration Deals December 3, 2025
    Pakistan has signed five deals for oil and gas exploration with local private and state-owned companies that will develop three offshore and two onshore blocks, Pakistani media reported, citing a securities filing. The companies that will be involved in the development of the five blocks include Mari Energies, Oil & Gas Development Company Limited, Pakistan […]
  • China’s Petrochemicals Surge Raises Global Oversupply Fears December 3, 2025
    A buildout in new petrochemical capacity in China is fueling fears that the country could tip the global market into oversupply, hurting smaller petrochemical producers. Bloomberg reported today that China’s polyethylene production could add 18% this year, based on forecasts by a local consultancy. The output growth will significantly exceed expected growth in demand, at […]
  • EU Reaches Agreement on Banning Russian Gas by 2027 December 3, 2025
    The European Union has finally managed to reach an agreement on how to phase out imports of Russian natural gas in line with sanction efforts to punish Moscow for the invasion of Ukraine by sapping its energy commodity export revenues. The agreement reached this week will involve a legally binding, gradual reduction in both LNG […]
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