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Oil
Oil & Gas Supply
OPEC+ Wary of Rise in US Oil Output Under Trump
Opec+ members are contemplating a renewed rise in US oil output when Donald Trump returns to the White House, delegates from the group said.More US oil would fu…
Natural Gas
Iran Boosts Oil, Gas Output Amid US Crackdown on Sales
Iran’s oil and gas output has ramped up over the past three months, Deputy Oil Minister Hamid Bovard said on December 18, as the country is poised to face…
Natural Gas
OGDCL Begins Oil & Gas Production From Hyderabad
Oil & Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production (E&P) company, has commenced production of oil and gas from its Ku…
Natural Gas
EnQuest Gets Nod to Boost Gas Production at Field Offshore Malaysia
EnQuest Petroleum Production Malaysia, a subsidiary of London Stock Exchange-listed energy player EnQuest, and its partners in a production sharing contract (PS…
Natural Gas
PTTEP Appraising ‘Remarkable’ Offshore Oil and Gas
Thailand’s national upstream company PTTEP is appraising its Chenda discovery on Block SK 405B offshore Sarawak, East Malaysia, for which it expects to co…
Natural Gas
Gas Prices in Midland-Odessa Drop to Their Lowest Levels in Three Years
Usually, conversations around gas prices center on why they’re rising and how national and global economic factors in the oil and gas industry contribute …
Crude Oil
China Boosts Oil Inventories With Jump in Crude Imports
China’s crude oil imports soared in November, but most of the increase in purchases likely went to boosting stockpiles, data compiled by Reuters columnist…
LNG
Germany to Shut Down Key LNG Terminal in 2025
Germany will shut down its Wilhelmshaven LNG terminal in the first quarter of 2025, with government-owned operator Deutsche Energy Terminal GmbH (DET) announcin…
Oil Exploration
Kosmos Energy Confirms Takeover Talks With Tullow Oil
US oil and gas player Kosmos Energy has confirmed that it is in preliminary discussions to take over the UK-based independent exploration firm Tullow Oil.Both c…
Oil Field
OGDCL Revives Heavy Oil Well in Punjab, Boosts Production by 67%
Oil and Gas Development Company Limited (OGDCL), Pakistan’s leading exploration and production company, has successfully revived a heavy oil well at its R…
Natural Gas
Drillship for East Sea Gas Exploration Arrives at First Drilling Site
A drillship participating in a major gas and oil development project in the East Sea arrived at its first drilling site Tuesday, as it prepares to begin explora…
Oil Exploration
QatarEnergy Acquires Interest in Exploration Block Offshore Namibia
QatarEnergy has acquired a 27% working interest in the Petroleum Exploration License and Petroleum Agreement for Block 2813B (PEL0090), offshore Namibia.Asa per…
Oil Pipeline
Oil Spill Occurs in Nigeria Due to Pipeline Rupture
An oil spill occurred at the Shell loading terminal in Nigeria’s Delta region after a pipeline ruptured, Nigeria’s maritime agency said on 15 Novemb…
Crude Oil
Canadian Oil Producers Forecast Higher Production in 2025
Three of Canada's biggest oil producers, Suncor Energy, Cenovus Energy and Imperial Oil, projected higher production in 2025, betting on resilient demand fo…
Oil Refinery
Major Libya Oil Refinery Halts Operations Due to Clashes
A major oil refinery in Zawiya, western Libya, ceased operations yesterday following clashes between local armed groups that caused fires in several storage tan…
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