Petrol

Oil Exploration
All-Systems-Go for Equinor to Deploy Shelf Drilling Rig at North Sea Oil & Gas Field
Norwegian state-owned energy giant Equinor has received consent from the country’s offshore safety regulator to use one of Shelf Drilling’s jack-up …
Solar Power Plant
Total Eren and Ecopetrol to Build Solar Project in Colombia
Total Eren will hold a 51% stake in the project, while the remaining 49% stake will be owned by Ecopetrol.Colombian energy company Ecopetrol has partnered with …
Oil Price
Release of Us Oil Reserves Addresses ‘Underlying Crisis’ and Not Higher Prices, Envoy Says
US energy envoy Amos Hochstein says the country will continue to use its strategic reserves to help resolve crises. Antonie Robertson / The NationalThe US relea…
Africa Energy
Mele Kyari Says Nigeria Can Hit 2.2 MB/D Crude Oil Production in 2023
Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, has said that the country can achieve a 2.2 million bar…
OPEC
Again, Oil Production Falls Short of OPEC Quota by 0.57MBPD
Nigeria’s oil production in the month of December 2022 grew by 4.2 per cent month-on-month to 1.23 million barrels per day but remained significantly shor…
LNG
LP Gas Price Increases for the First Time in 2023
The federal government published the maximum prices for LP gas for the second week of 2023.The Energy Regulatory Commission (CRE) announced the prices applicabl…
Oil&Gas Drilling
China Signs 25-Year Contract With Taliban to Produce Oil in Afghanistan
(Bloomberg) --The Taliban-led administration in Afghanistan signed its first international contract on Jan. 5 to extract oil from the northern Amu Darya basin a…
Natural Gas
U.S. Oil & Gas President Says Group Production Boost Will Keep Gas Prices Steady, Defying Biden
Rather than work to boost domestic production, President Joe Biden opted to repeatedly release millions of barrels of oil from the Strategic Petroleum Reserve t…
Coal Trade
CHINA’S COAL CONSUMPTION TO PEAK BY 2035
China’s primary energy consumption is likely to peak at nearly 6.03 billion tonnes of standard coal between 2030 and 2035, refining giant China Petroleum …
Oil & Gas Supply
Fuel Station Demolished, Barge Set Ablaze Over Link With Oil Theft
A petrol Filling station in Opete, Udu local government area, Delta state and a barge has been destroyed over their alleged link with illegal bunkering activiti…
Oil Price
UAE petrol and Diesel Prices to Fall in January
Motorists across the Emirates will pay less at the pumpsPetrol prices in the UAE for January have been announced. Pawan Singh / The NationalThe cost of petrol a…
LNG Carrier
Yinson’s FPSO Stays in Nigeria
Malaysian FPSO provider Yinson has secured another contract extension with Addax Petroleum for a floating, production, storage, and offloading (FPSO) vessel car…
Oil&Gas Drilling
Chinese Company Awarded Exploration Rights to Five Hydrocarbon Blocks in Mozambique
Sixth block awarded to Italy’s ENI; first period of exploration expected to allow investments of around US$370 million, and opening of four wells in deep …
Oil Refinery
Nigeria Will Auction 7 Hydrocarbon Blocks in Early 2023
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced plans to hold the Mini Bid Round 2022, in which seven offshore blocks covering an ar…
Oil & Gas Trade
Ip Signs Deal to Buy Exxonmobil’s Fuel and Refining Assets in Italy
The Italian private petroleum company Italiana Petroli (IP) has signed an agreement to purchase fuel and refining assets owned in Italy by Esso Italiana, a subs…

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Petrol

All-Systems-Go for Equinor to Deploy Shelf Drilling Rig at North Sea Oil & Gas Field

Total Eren and Ecopetrol to Build Solar Project in Colombia

Release of Us Oil Reserves Addresses ‘Underlying Crisis’ and Not Higher Prices, Envoy Says

Mele Kyari Says Nigeria Can Hit 2.2 MB/D Crude Oil Production in 2023

Again, Oil Production Falls Short of OPEC Quota by 0.57MBPD

LP Gas Price Increases for the First Time in 2023

China Signs 25-Year Contract With Taliban to Produce Oil in Afghanistan

U.S. Oil & Gas President Says Group Production Boost Will Keep Gas Prices Steady, Defying Biden

CHINA’S COAL CONSUMPTION TO PEAK BY 2035

Fuel Station Demolished, Barge Set Ablaze Over Link With Oil Theft

UAE petrol and Diesel Prices to Fall in January

Yinson’s FPSO Stays in Nigeria

Chinese Company Awarded Exploration Rights to Five Hydrocarbon Blocks in Mozambique

Nigeria Will Auction 7 Hydrocarbon Blocks in Early 2023

Ip Signs Deal to Buy Exxonmobil’s Fuel and Refining Assets in Italy