Gas

Oil Field

Gazprom Makes ‘Substantial’ Gas Find in Kara Sea

Russian energy giant Gazprom has found another gas deposit at the Leningradskoye field in the Kara Sea which is part of the Yamal gas production centre.

United Kingdom

Carmaker Lotus Signs Green Energy Deal with British Gas

British carmaker Lotus and British Gas Business have embarked on a new green electricity deal.

Oil Price

Oil Refining Companies Hit by Triple Whammy

South Korean oil refining companies face a triple whammy.

Biobattery

Ontario Welcomes Construction of Large RNG Project

Ontario will soon be home to a new renewable natural gas facility, which will create local jobs and stimulate regional economic development, while reducing gree…

Market Analysis

IEA: Natural Gas Demand To See Largest Drop Ever In 2020

Despite some uptick in consumption in recent months, the world’s demand for natural gas is still set to see its biggest drop on record in 2020.

Market Analysis

Goldman Sachs: Biden Win Is Bullish For Oil

A Joe Biden win at next month’s U.S. elections will likely be an upward catalyst for oil prices because it will increase costs for the shale patch and will lik…

Oil Price

The Next Couple Of Months Are Crucial For U.S. Oil

The U.S. oil industry faces a bumpy road to recovery from the steepest slump in oil demand in history.

Oil&Gas Drilling

Hibiscus Petroleum Buys into 3D Oil License off Australia

Malaysia’s Hibiscus Petroleum has completed its 50 per cent acquisition of interest in the exploration permit VIC/P74 offshore Australia from 3D Oil.

Energy Saving

Energy Efficiency Post Covid-19

Energy efficiency can improve the economic competitiveness of countries and businesses, as well as reducing greenhouse gas emissions and improving the quality o…

Crude Oil

Libya to Resume Oil Production at Largest Field Amid Talks

Libya's prized, light crude has long featured in the North African country's civil war with rival militias and foreign powers jostling for control of Africa's l…

Oil Field

BP Starts Oman's Giant Ghazeer Gas Field

BP started production at Oman's giant Ghazeer natural gas field in Oman which is set to underpin the company's oil and gas output for years even as it shifts to…

Turkey

What Turkey's New Gas Discovery Really Means

What Turkey's New Gas Discovery Really Means?

Oil Field

Russian LUKOIL Proceeds with Filanovsky Field Phase Two Development

The second phase aims to keep oil production at the planned rate of 6 million tonnes a year.

Crude Oil

Daily Crude Oil Production Hits over 718K Barrels in the Sultanate

The Sultanate’s daily crude oil production stood at 718,700 barrels during September 2020, a drop by 0.18 percent compared to the daily production in August 20…

Market Analysis

Argentina’s Oil Boom Is Showing Signs Of Life

After the devastating impact of the COVID-19 pandemic on its economy, there are signs that Argentina’s once burgeoning oil industry is coming back to life.