Browsing: Oil majors

China’s major oil companies have surged back into purchasing Russian crude oil after a four-month pause, sources told Reuters. This bold return signals a major shift driven by soaring energy demand and evolving geopolitical dynamics

Global oil giants are joining forces to challenge the proposed Subsea7-Saipem merger in Brazil, sounding a loud alarm over potential antitrust issues. This formidable alliance warns that the deal could drastically reduce competition in the subsea services market