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Oil
Oil & Gas Trade
Congo Wants to Sell Gertler’s Oil Blocks on Ugandan Border
Congo Kinshasa is forming a plan to take back two oil blocks from sanctioned Israeli billionaire Dan Gertler and sell them to another company.
Oil & Gas Trade
Woodside JV Approves Senegal's First Oil Project
Oil and gas major Woodside Petroleum on Friday announced that the joint venture (JV) partners have approved the development of Phase 1 of the Sangomar field dev…
Crude
Crude Falls after Trump Says Iran ‘Appears to be Standing Down’
Crude oil prices continued to fall Wednesday after President Trump said Iran is standing down in the Middle East and the U.S. will impose new sanctions on the n…
Oil & Gas Trade
Russia, Turkey Open TurkStream Gas Pipeline
Russian President Vladimir Putin and his Turkish counterpart, Recep Tayyip Erdogan, Wednesday opened the taps of the TurkStream natural gas pipeline, officially…
Oil & Gas Trade
China Opens Oil and Gas Exploration to Foreign Firms
China will allow foreign companies to take part in oil and gas exploration and production in the country, in what officials hailed Thursday (Jan 9) as a "major …
Dubai's Logistics Firm Tristar Buys Land in Oman's Duqm Port to Expand Operations
Dubai's Tristar Group, an oil and gas sector-focused logistics company, acquired more than 11,000 square metres of land in Oman’s Duqm port as it expands its o…
Oil&Gas Drilling
Woodside Gets Green Light for $6 Billion Senegal Oil Project
Australian oil and gas producer Woodside has won approval from the Senegalese government to develop the nation's first oil project, clearing the way for final i…
Oil & Gas Trade
Mozambique Signs Gas Importation Agreement for Beluluane Gas-Fired Power Plant
Mozambique has signed an agreement deal with France to import liquefied natural gas (LNG) that will be needed for a major gas-fired power station planned for Be…
Oil Price
Oil Prices Plunge after Trump Downplays Iran Attack
Oil prices plunged on Wednesday, reversing the spike in overnight trading after U.S. President Donald Trump downplayed Iran's missile attack against U.S. forces…
Brazil Working on Policy to Smooth Impact of Oil Price Spikes -Minister
Brazil’s government is working on a policy to reduce the local impact of spikes in international oil prices, Mines and Energy Minister Bento Albuquerque told r…
Apache Shares Jump 27% on Major Discovery in Suriname with Total
Apache Corp and Total SA said on Tuesday they had made a major oil discovery in a closely watched area off the coast of South America’s Suriname, sending Apach…
Oil&Gas Drilling
Talos Targeting 2023 for First Oil from Zama Offshore Mexico
Talos Energy has detailed results of Netherland Sewell’s (NSAI) contingent resource evaluation of the Zama oil discovery in block 7 offshore Mexico.
Oil & Gas Trade
Russia Begins TurkStream Gas Flows to Greece, North Macedonia
Russia has started European gas deliveries through the new TurkStream pipeline to Turkey, Bulgaria’s Bulgartransgaz said on Sunday, as Moscow looks to reduce s…
Crude
Crude Oil Jumps as Markets Dip on Iran’s Missile Assault Against US
Oil prices jumped to their highest in months on Wednesday after Iran attacked American forces in Iraq in response to a U.S. strike that killed an Iranian genera…
LNG
Qatar Petroleum and Kuwait Petroleum Corporation Sign Agreement to Supply 3 Million Tons of LNG
Qatar Petroleum and Kuwait Petroleum Corporation (KPC) entered into a long term Sale and Purchase Agreement for the supply of up to 3 million tons per annum of …
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