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Oman state TV said the Omani Sultan and the Saudi Crown Prince exchanged views on solutions to achieve regional peace.

2026-09-01

Oman state TV said the Omani Sultan and the Saudi Crown Prince exchanged views on solutions to achieve regional peace.

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2026-09-01

Foreign investment in the UK energy sector fell to a 12-year low, with foreign-backed projects halving to 27 last year, Ernst & Young data showed. Oil and gas projects fell to three from 16 a year earlier. The Labor government has paused new North Se

Foreign investment in the UK energy sector fell to a 12-year low, with foreign-backed projects halving to 27 last year, Ernst & Young data showed. Oil and gas projects fell to three from 16 a year earlier. The Labor government has paused new North Sea drilling and retained a windfall tax on oil and gas producers; the sector is braced for Chancellor John Healey’s first budget, where tax rates may rise further, and uncertainty remains over approval of new drilling licences. An Ernst & Young survey of foreign investors cited high UK energy costs as the biggest deterrent, along with concerns about politics stability and high labor costs; respondents identified an uncertain economic outlook—covering growth, interest rates and public debt—as the principal risk to UK attractiveness over the next three years.
2026-09-01

Brazil's National Petroleum Agency: Brazil's oil and gas production reached 5.9 million barrels of oil equivalent per day in July.

Brazil's National Petroleum Agency: Brazil's oil and gas production reached 5.9 million barrels of oil equivalent per day in July.
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