Oil

Oil&Gas Drilling
48 Billion Boe Potential: Indonesia Offers Six More Blocks
Indonesia’s Ministry of Energy & Mineral Resources (ESDM) has unveiled the country’s second acreage offering of 2024.Six blocks are on the table wit…
Oil Exploration
Bangladesh Gears up to Restart Offshore Oil, Gas Exploration With Fresh Bidding Process
The last time gas was discorvered in the sea was 11 years ago and the only things that have happened since are discussions and speculations.However, momentum is…
Oil & Gas Technology
Iran Offers Cooperation With Gas Exporting Countries in Oil and Gas Technologies
Azim Kalantari-Asl, speaking during a visit by GECF ministerial delegates to the research facility, outlined key areas for collaboration, including gas reservoi…
Oil&Gas Drilling
Drillship for East Sea Gas Exploration Project Arrives in Busan
A drillship tasked with initiating the drilling operation for a major gas and oil exploration project in the East Sea arrived Monday at an offshore anchorage ne…
LNG
Pakistan Opts for Azerbaijani LNG Over Deferred Qatari Shipments
Pakistan LNG Ltd (PLL) held an emergency board meeting on Sunday to review the gas demand and supply situation and will meet again on Monday to finalize the off…
Nuclear Power Plant (NPP)
Shimane 2 Restarts After 13 Years Being Offline
Unit 2 of the Shimane nuclear power plant in Japan's Shimane Prefecture was restarted on 7 December, Chugoku Electric Power Company announced. It becomes th…
Crude Oil
Oando Raises Oil Production Output by 50%
Oando Plc says it has increased its crude oil production output by almost 50 per cent in three months.It said the achievement followed the acquisition of Nigeri…
LNG
Qatar to Double LNG Output to 160MN Tpy in a ‘Responsible Way’, Says Al-Kaabi
HE the Minister of State for Energy Affairs, Saad bin Sherida al-Kaabi at the ‘Newsmaker interview’ at the Doha Forum 2024 Saturday. PICTURE: Thajud…
Crude Oil
Crude Oil Recovered After Train Collision in Sancti Spíritus
Cuba-Petroleum Union (CUPET) announced this Sunday that its teams are working intensively to recover the oil spilled following the train accident that occurred …
Natural Gas
Iran’s Annual Gas Production Reaches 275 Bcm: Oil Minister
Iran’s annual natural gas production has reached 275 billion cubic meters despite the United States’ unilateral and cruel sanctions, said Oil Minist…
Oil Field
Oil Producers Finalise $1.2b Acquisition as Norwegian Firm Exits Nigeria
Nigeria’s independent oil producer, Chappal Energies, has finalised the $1.2 billion acquisition of Norwegian oil giant, Equinor Nigeria Energy Company (E…
Gas Pipeline
Energy Transfer to Build Nearly $3 Billion New Gas Pipeline in the Permian Basin
Energy Transfer LP, the company that acquired Oklahoma City-based Enable Midstream in a $7.2 billion deal three years ago is expanding its operations in a nearl…
Oil Price
Global Oil Prices Drop to $71 as 4th Largest Production Company Cuts Prices for Asia
Global oil prices tracked by Brent futures have fallen to $71 per barrel, remaining below the $75 threshold after Saudi Arabia’s oil giant, Aramco, cut pr…
Natural Gas
Russia’s Pipe-Gas Flows to China at New Daily Record
Gazprom said it set a new record for daily pipeline gas supplies to China on Saturday.Daily flows via the Power of Siberia gas link exceeded Russia’s maxi…
Russian
The Head of Rosneft Expects an Increase in Oil Consumption to 20 Million Barrels per Day by 2050
Global oil consumption may grow to 20 million barrels per day by 2050, Rosneft Chief Executive Officer Igor Sechin said during his report at the XVII Verona Eur…

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Oil

48 Billion Boe Potential: Indonesia Offers Six More Blocks

Bangladesh Gears up to Restart Offshore Oil, Gas Exploration With Fresh Bidding Process

Iran Offers Cooperation With Gas Exporting Countries in Oil and Gas Technologies

Drillship for East Sea Gas Exploration Project Arrives in Busan

Pakistan Opts for Azerbaijani LNG Over Deferred Qatari Shipments

Shimane 2 Restarts After 13 Years Being Offline

Oando Raises Oil Production Output by 50%

Qatar to Double LNG Output to 160MN Tpy in a ‘Responsible Way’, Says Al-Kaabi

Crude Oil Recovered After Train Collision in Sancti Spíritus

Iran’s Annual Gas Production Reaches 275 Bcm: Oil Minister

Oil Producers Finalise $1.2b Acquisition as Norwegian Firm Exits Nigeria

Energy Transfer to Build Nearly $3 Billion New Gas Pipeline in the Permian Basin

Global Oil Prices Drop to $71 as 4th Largest Production Company Cuts Prices for Asia

Russia’s Pipe-Gas Flows to China at New Daily Record

The Head of Rosneft Expects an Increase in Oil Consumption to 20 Million Barrels per Day by 2050