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Wood Mackenzie launches Prospect Valuation and AI-powered Analogues to unlock advantaged oil and gas resources

Wood Mackenzie to unveil two additions to its Lens Subsurface platform at IMAGE 2025, delivering Prospect Valuation and AI-powered Analogues. The new tools will enable companies to focus Upstream investment on advantaged resources, those with the most robust economics...

Asian refiners prefer India to keep taking Russian crude to tame Dubai structure

Asian refiners widely believe that tighter sanctions on Russian oil trades for India adversely affect the Middle Eastern sour crude procurement economics across the region, as the Dubai price structure’s backwardation averages nearly $3/b in the third quarter. In...

China targets two EU banks, retaliating to bloc’s Russia sanctions package

China has taken countermeasures against two banks in the European Union, in response to the bloc placing two Chinese financial institutions on a Russia-related sanctions list, its commerce ministry said. Effective immediately, Lithuanian banks UAB Urbo Bankas and AB...

Vietnam food association urges trade ministry to challenge Philippine rice import suspension

The Vietnam Food Association has asked the country’s trade ministry to challenge a move by the Philippines to suspend rice imports for two months, two sources told Reuters, with traders saying it will harm local production. The Philippines, Vietnam’s biggest rice...

World-first engineering data analysis launched to enable Sub-Saharan policy makers improve safety and prosperity

Closing engineering capacity gaps in Sub-Saharan Africa could be the key to unlocking regional safety and prosperity, according to a new framework. The Global Engineering Capability Review (GECR) 2025, published by Engineering X’s Skills for Safety programme in...

“Maritime security is a shared responsibility”: IMO Secretary-General to UN Security Council

IMO Secretary-General Arsenio Dominguez has called for vigilance and deeper cooperation among Member States and international partners to address growing threats to global maritime security. Speaking at the United Nations Security Council high-level open debate on 11...

Wood Mackenzie launches Prospect Valuation and AI-powered Analogues to unlock advantaged oil and gas resources

Asian refiners prefer India to keep taking Russian crude to tame Dubai structure

China targets two EU banks, retaliating to bloc’s Russia sanctions package

Vietnam food association urges trade ministry to challenge Philippine rice import suspension

World-first engineering data analysis launched to enable Sub-Saharan policy makers improve safety and prosperity

“Maritime security is a shared responsibility”: IMO Secretary-General to UN Security Council

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