Petrol

Net Zero Emission

Oxy Becomes First U.S. Driller To Announce Net-Zero Plan

Occidental Petroleum has become the first U.S. oil company to announce a plan to slash greenhouse gas emissions to net-zero by 2050.

Oil Price

Oil Prices Tick Up With Inventory Draws Across The Board

The American Petroleum Institute (API) reported on Tuesday a major draw in crude oil inventories of 5.147 million barrels for the week ending November 6.

Carbon Neutral

Malaysia's Energy Giant Petronas Targets Net Zero Emissions by 2050

Malaysian state-owned energy giant Petroliam Nasional Berhad, or Petronas, said on Thursday it aims to become a net zero emitter of greenhouse gases by 2050 and…

Oil Price

Oil Prices Jump On Large Crude Inventory Draw

The Energy Information Administration reported a day after the American Petroleum Institute estimated an 8-million-barrel draw that pushed oil prices higher.

LNG

China's CNOOC and Sinopec Issue First LNG Tenders on Shanghai Gas Exchange

China National Offshore Oil Corp and Sinopec Corp issued the first tenders to buy liquefied natural gas on the Shanghai Petroleum and Natural Gas Exchange when …

Crude Oil

US Imposes New Sanctions on Iran’s Ministry of Petroleum

The United States has expanded sanctions against Iran, targeting the country's ministry of petroleum along with 10 other entities

Malaysia

Malaysia: Five Petroleum Official Launch

Five Petroleum Malaysia made its debut earlier this year, and has now made official launch of its Ultimaxx range of fuels and integrated!

International Petroleum Week

"International Oil and Gas Conference"International Petroleum Week is an international platform for all oil and gas industries to gather. The event involves pro…

Wind Farm

ENAP Switches on 10.4-MW Wind Farm in Chile

Chilean state-owned oil company Empresa Nacional del Petroleo (ENAP) has brought online its 10.35-MW Vientos Patagonicos wind farm located in the Cabo Negro ind…

Oil&Gas Drilling

Hibiscus Petroleum Buys into 3D Oil License off Australia

Malaysia’s Hibiscus Petroleum has completed its 50 per cent acquisition of interest in the exploration permit VIC/P74 offshore Australia from 3D Oil.

Smart Grid

Hellenic Petroleum Finishes Takeover of Juwi’s 204 MW Solar Power Project

Oil company Hellenic Petroleum has completed the takeover of one of the largest solar photovoltaic projects in Europe from German developer juwi Holding.

Oil & Gas Trade

China Set for Fresh Gasoline Export Splurge as Golden Week Ends

Gasoline exports from China, Asia's top petrol exporter, are set to stay elevated this month as mounting supplies from recent high crude oil processing runs pro…

Crude Oil

Egypt Inaugurates Refinery Project in Mostorod

Petroleum Minister Tarek al-Molla stressed the importance of developing Egypt’s infrastructure of Egypt in oil refining and processing, and the vital role this…

China International Petroleum & Petrochemical Technology & Equipment Exhibition

"The World’s Leading Event for Oil & Gas Industry"

Nigeria International Petroleum Summit

Nigeria International Petroleum Summit will focus on technology, knowledge, sustainable and partnership that can enhance the inflow of foreign investments while…