Search

Transportation Construction and materials Chemical industry Agricultural engineering Information and Communication Exhibition & Forum Belt and Road

Français Русский Español العربية Português Deutsch

Oil & Gas

Oil Prices Post 3% Annual Decline

Oil Prices Post 3% Annual Decline

Crude
02-01-2020

China Sinochem to Start $4.6 Billion Quanzhou Petrochemical Complex in Mid-2020
China Sinochem Group is expected to start up a new crude processing unit and a petrochemical complex in southeastern China around mid-2020, marking the state firm’s first foray into making petrochemicals, three company sources said.
Oil & Gas Trade
02-01-2020

Venezuela's PDVSA to Deliver Gasoline to Fuel-starved OPEC Nation
With an emoji of a flexing bicep, Venezuelan state oil company Petróleos de Venezuela, S.A., or PDVSA, on Tuesday celebrated what was once a routine task in the OPEC nation: delivering gasoline.
Oil & Gas Trade
02-01-2020

New Dispute Over Oil Could Be Brewing Between Russia and Belarus
Moscow and Minsk have had several oil and gas rows over the past decade in what has been described as love-hate relationship between president Vladimir Putin and Alexander Lukashenko.
Oil & Gas Trade
02-01-2020

Axxis Geo Solutions finally pens OBN survey deal in the Middle East
Axxis Geo Solutions (AGS), a Norwegian ocean bottom node seismic company, has finally put pen to paper on a long-awaited final contract for a large OBN survey in the Middle East.
Oil & Gas Trade
01-01-2020

Bulgaria Starts Getting Transit-Free Russian Gas Via TurkStream
Bulgaria's Bulgargaz and Russia's Gazprom have agreed for Bulgaria to start receiving Russian gas directly from the TurkStream pipeline rather than through Romania starting 1 January to save some 81 million leva ($45 million), the Bulgarian gas company ha
Oil & Gas Trade
01-01-2020

Petrofac Clinches Deals Worth £100m in Oman
Oilfield service firm Petrofac said today that it had clinched £100 million worth of work with Petroleum Development Oman (PDO).
Oil&Gas Drilling
31-12-2019

U.S. offshore rig count drops to 23
The number of offshore rigs in the U.S. slipped to 23 units over the last week, according to weekly rig count reports released by Baker Hughes on Friday, December 27.
LNG
31-12-2019

Novatek secures Bukharinskiy license through Arctic LNG 1 unit
Russian oil and gas company Novatek has secured the rights to explore the Bukharinskiy license through its Arctic LNG 1 unit.
Oil & Gas Trade
31-12-2019

Oil Regulator Seeks to Rationalize Natural Gas Pipeline Tariff
Presently, the country has a network of 16,981-km of pipelines, with each having a different tariff.
Oil & Gas Trade
31-12-2019

U.S. Sanctions on Nord Stream 2 Affect Hurry-up Work
Any companies that rush to finish building a Russian natural gas export pipeline to Germany that came under U.S. sanctions this month risk being penalized, senior U.S. officials said on Sunday.
Oil & Gas Trade
30-12-2019

Putin & Merkel Agree to Keep Supporting Nord Stream 2 Project
President Vladimir Putin and Chancellor Angela Merkel have reiterated their support for the Nord Stream 2 natural gas pipeline from Russia to Germany, the Kremlin says, as the US seeks to curb the project with sanctions.
Oil & Gas Trade
30-12-2019

Gazprom, Ukrainian Companies Join Gas Talks in Vienna
CEO’s of Russia’s Gazprom and Ukrainian companies, as well as senior ministries officials have joined the gas transit talks in Vienna, a Gazprom spokesman told reporters on Sunday.
Oil & Gas Trade
29-12-2019

Iraq's Exports, Production not Affected by Halting Nassiriya Oilfield
Halting production from Iraq’s southern Nassiriya oilfield on Saturday by protesters will not affect the country’s exports and production operations, the oil ministry said on Sunday.
Oil & Gas Trade
29-12-2019

‘OPEC+ may Consider Ending Production Cuts in 2020’
The Organisation of Petroleum Exporting Countries and non-OPEC allies, including Russia, may consider ending their oil output curtailment deal next year in order to preserve market share and implement projects.
Crude Oil
29-12-2019

Libya’s Largest Oil Refinery Faces Closure Amid Clashes
Libya’s national oil company said Saturday it may face closure because of clashes close to its refinery in the country’s western port. The NOC said in a statement that three bombs hit close to its oil storage tanks in the last 48 hours.
Oil & Gas Trade
28-12-2019

OPEC Cuts ‘Can’t Last Forever,’ Russian Energy Minister Warns
OPEC output cuts have stabilized the global oil market but can’t last forever, Russia said as uncertainty persists over the future of the agreement beyond March.
Oil&Gas Drilling
28-12-2019

Russian Oil Company Enters Two Blocks Offshore Egypt
Russian state-controlled oil company Zarubezhneft has entered into a production sharing agreement for two offshore blocks blocks in Egypt.
Oil & Gas Trade
27-12-2019

Russia:OPEC+ May Consider Ending Oil Cuts by 2020
The Organization of the Petroleum Exporting Counters and its allies, known as OPEC+, may consider wrapping up their oil output reduction in 2020, Russian Energy Minister Alexander Novak said on Friday.
27-12-2019

Egypt Signs 4 Oil, Gas Deals Worth 155 mln USD
Egypt's Minister of Petroleum Tarek al-Molla on Wednesday said four new agreements valued at 155 million U.S. dollars were signed with local and international companies for exploration of oil and natural gas.
Oil & Gas Trade
27-12-2019

Iran Vice President Admits Oil Exports Hugely Down Due to Sanctions
First Vice President Es’haq Jahangiri said today that Iran’s oil exports have hugely declined due to U.S. sanctions but did not disclose how much oil is being exported now to keep it secret from those who are not “trusted to know”.
Oil & Gas Trade
26-12-2019

Russian Companies’s Latest Plan to Avoid U.S. Sanctions
Trump's signing the 2020 NDAA into law on Friday, and with it, sanctions targeting European and Russian companies laying the Nord Stream 2 pipeline, had the immediate impact of forcing a work stoppage over the weekend as Allseas.
Oil & Gas Trade
26-12-2019

Ukraine Approves Tariffs for Russian Gas Transit to Europe
Ukraine has approved tariffs for Russian gas transit and granted a licence to its new gas pipeline system operator, the necessary steps on the way to complete a new 5-year deal for Russia’s gas supply to Europe, its regulator said on Tuesday.
Crude
26-12-2019

Shell Wins Auction of Guyana's First Three Crude Oil Cargoes
Royal Dutch Shell won the rights to market Guyana’s first cargoes of crude oil, the government said on Tuesday, just days after oil production began and launched the impoverished South American country into the ranks of world suppliers.
Oil & Gas Trade
25-12-2019

How US Sanctions Could Hit Russia’s Nord Stream 2 Gas Project
Swiss-Dutch company Allseas, which was laying the pipeline using two vessels – Pioneering Spirit and Solitaire – suspended work to avoid US sanctions. Allseas was expected to lay 96% of all the pipes needed for Nord Stream 2.
Oil and Gas Equipment
24-12-2019

Russia Says Nord Stream 2 Gas Pipeline Will Be Completed in Matter of Months
Russia's new gas transit deal with Ukraine would also mollify the impact on Russian gas supplies of U.S. sanctions introduced on the pipeline project, he said.

7217 Items PREV 1.. 270 271 272 273 274 275 276 277 278 ..289 NEXT

Most views from Oil & Gas

Turkmenistan Expands Oil Production at Uzynada Field

Nigeria’s Dangote Refinery Says It Can Deliver 1.5 Billion Litres of Petrol in December

$4 Billion Deal in Hand as ADNOC Scores 20-Year Gas Supply Assignment

Russia’s Rosneft Reports 70% Fall In 9-Month Net Income

Gastech 2023 - Shaping the future of energy

New Oilfield Development Project Comes Online Offshore China