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Lukoil has declared force majeure at the West Qurna-2 oilfield in Iraq due to US sanctions, leading to a halt in cash and crude payments from Iraq.

Meta is reportedly facing a significant issue with scam and fraud ads, with projected $16 billion in revenue coming from these illicit activities in 2024.

Australia has reached a milestone with renewable energy sources surpassing fossil fuels in electricity generation for the first time.

Germany is increasing its reliance on gas-fired power generation due to underperforming renewables, hindering EU efforts to replenish gas storage before winter.

Asia's LNG imports declined in October due to reduced demand from China and India, while Europe's LNG imports remain strong.

Chevron's Q3 results exceeded expectations due to its acquisition of Hess Corporation, with record oil and gas production and adjusted earnings of $1.85 per share.

Angola is set to sign an exclusive oil exploration deal with Shell, marking a significant moment for the Angolan oil sector, as Shell will explore and potentially develop several offshore blocks.

Federal Reserve hawks are criticizing the recent rate cut, arguing that US inflation is still too high, which may indicate a potential shift in monetary policy.

Kuwait Oil Company plans to invest $3.9 billion in oil exploration by 2030 as part of a larger $32 billion drilling and maintenance program.

Deloitte reports that Trump's tariffs could significantly impact the U.S.

Slovakia's Slovnaft has lost 90,000 tonnes of non-Russian crude oil due to Croatian pipeline operator JANAF halting deliveries, threatening Central Europe's diversification efforts away from Russian supply.

Saudi AI firm Humain plans to list on Saudi and NASDAQ exchanges within four years, aiming for dual listing to increase global visibility and investment opportunities.