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Oil and gas
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
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 …
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…
Crude Oil
Nigeria’s Oil Sector Gets 30,000BPD Boost
In a landmark development for Nigeria’s oil and gas sector, Oriental Energy Resources Limited has launched a $315 million Floating Production, Storage, an…
Oil Exploration
Oil and Gas Exploration: Bidding Process for Miranshah Block Completed
An official handout said that KPOGCL had launched the bidding phase in June 2024 following the decision of the 51st meeting of the Council of Common Interest.Th…
Oil Refinery
Dangote Refinery Extends Export to Three African Countries
The Dangote refinery has exported Premium Motor Spirit (petrol) to Cameroon, Angola, Ghana, and South Africa in the past few weeks.The Vice President of Oil and…
Oil&Gas Drilling
New Oil Discovery Boosts Barents Sea Potential With 20 More Wells on the Drilling Horizon
Norwegian oil and gas player Vår Energi has discovered oil resources in an appraisal well near the Goliat field in the Barents Sea off the coast of Norway…
Natural Gas
Suncor Energy to Increase Oil and Gas Output by up to 5 Per Cent in 2025
Suncor Energy Inc. is aiming to increase its oil output next year by up to five per cent, as it continues to work to improve its performance and lower costs fro…
Natural Gas
Austria’s OMV Terminates Gazprom Natural Gas Contract
Austrian oil and gas company OMV announced Wednesday the termination its long-term natural gas supply contract with Russia's Gazprom Export, citing multiple…
Net Zero
Emissions Fall In Hard-To-Abate Sectors but Still off Track to Reach 2050 Net-Zero Targets
The World Economic Forum’s latest Net Zero Industry Tracker shows progress in reducing emissions across eight hard-to-abate sectors—steel, aluminium, cem…
Natural Gas
Shell to Explore for Oil and Gas in the Black Sea
Shell Exploration and Production (96) B.V, a subsidiary of Shell, will explore for oil and natural gas in Block 1-26 Khan Tervel, located in Bulgaria's excl…
Natural Gas
POGC Completes South Pars Overhaul Campaign Offshore Iran
Pars Oil and Gas Co. (POGC) has completed overhauls of the gas platforms at the South Pars field in the Persian Gulf.Ali-Mohammad Tahan, head of HSE at the comp…
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