Gas

Oil Shale

Exclusive: Exxon Launches Sale of Shale Gas Properties in Texas

Exxon Mobil on Monday launched a sale of its oil and gas properties in the first major U.S. shale field, a spokesperson confirmed, as part of a portfolio reshuf…

Oil&Gas Drilling

Bambo-1 Well Drilling Commences Offshore The Gambia

FAR Gambia, a wholly-owned subsidiary of FAR Ltd has commenced drilling on the Bambo-1 exploration well in Block A2, offshore The Gambia.

Natural Gas

Europe Gas Gains As Traders Await Russia’s December Export Plans

European natural gas futures advanced, with traders waiting for more signals from Russia on its export plans for next month.

LNG

China: Sinopec Signs Long Term LNG Contract With Venture Global

Sinopec and Venture Global LNG have announced the signing of two 20-year Sales and Purchase Agreements for the supply of a total of 4 million tonnes per annum o…

Crude Oil

Russia And Saudi Arabia See Oil Oversupply In 2022

“Everybody is predicting a surplus of supply starting from the first or second quarter,”

Energy-Eficient Building

SOUTH AFRICA: GBCSA Certified a Record 140 ‘Green’ Buildings in 2021

During 2021, a total of 140 certifications were awarded by the Green Building Council South Africa to buildings in South Africa.

UAE is the Official Host for COP28 in 2023

Confirmation followed unanimous endorsement by the Asia Pacific Group of nations during COP26, where nearly 200 countries have gathered to take concerted action…

Oil Field

Lukoil Submits Development Plan for New Iraq Oil Field

Russia's Lukoil has submitted a preliminary development proposal for a new oil field in the south of Iraq, that could eventually see output crude grow to 250,00…

Hydropower Plant

PM’s Energy Program: 268 Mini-Macro Hydro Power Projects Start Power Supply in KP

With significant decrease in mercury level in upper areas of Khyber Pakhtunkhwa, the demand of electricity has increased in Malakand and Hazara divisions where …

GECF Ministerial Meeting to be Held on 16 November

The 23rd edition of annual Ministerial Meeting of the Gas Exporting Countries Forum will take place online on 16 November 2021 under the Presidency of the Pluri…

Energy Security

Residents to be Evacuated After Oil Refinery Tank on Fire in Indonesia's Central Java

An oil refinery tank in Indonesia's Central Java province caught fire on Saturday night, and residents living around the facility would be evacuated as firefigh…

Oil Field

Vietsovpetro Puts New Generation Unmanned Mini Oil Rig Into Operation

The Vietnam-Russia oil and gas joint venture Vietsovpetro has put its new generation unmanned mini oil rig BK-18A into operation.

Natural Gas

Russia: Belarus Didn’t Coordinate With Moscow Threat To Halt Gas To Europe

The threat of Belarusian leader Alexander Lukashenko to cut off transit gas supply from Russia to Europe has not been coordinated with Moscow.

India

India Looks To Increase Oil Production By Selling Stakes In Oilfields

India, which imports around 80 percent of the oil it consumes, is looking to boost its domestic oil production and has reportedly asked its state-owned producer…

Crude Oil

OPEC Cuts 2021 Global Oil Demand Forecast Again

OPEC revised down its forecast by 160,000 bpd