Etroleum

Oil Price
Saudi Arabia, Russia Deepen Oil Cuts, Sending Prices Higher
The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, Septemb…
Oil & Gas Trade
Norway Approves $18.5BN Oil and Gas Projects on Norwegian Continental Shelf
According to the Norwegian Ministry of Petroleum and Energy, the greenlighted projects in the North Sea and the Norwegian Sea include new developments, further …
Natural Gas
Qatar Set to Strike Second Big Lng Supply Deal with China
FILE PHOTO: CNPC (China National Petroleum Corporation) logo and stock graph are seen through magnifier displayed in this illustration taken September 4, 2022. …
Biofuel
EIA: Biofuels Are Displacing Petroleum-Based Distillate Fuel Oil Consumption on the West Coast
Consumption of distillate fuel oil in the US West Coast, as measured by product supplied, decreased to its lowest level since 2002 last year and continues its d…
Oil Price
US to Add More Than Six Million Barrels of Oil to Reserves to Address Supply Disruptions
The Bryan Mound Strategic Petroleum Reserve facility at Freeport, Texas. The US Department of Energy says the reserve system has a 'long history of protecti…
Oil & Gas Trade
Oil Sales Plunge by 40PC in May Amid Economic Slowdown
KARACHI: The month of May witnessed a staggering 40 percent decline in oil sales compared to the same period last year, as the country grapples with an economic…
Natural Gas
LPG Prices Slashed by RS37/KG for June
ISLAMABAD: The government on Thursday lowered the prices of liquefied petroleum gas (LPG) by 15.88 percent or Rs37/kg for domestic and commercial consumers for …
Oil & Gas Trade
Kuwait’s Oil Company Seeks to Exit Norway
Kuwait's overseas oil and gas division has launched a sale process for its Norwegian assets as part of its focus on newer exploration and production hubs, i…
Oil&Gas Drilling
Trio Petroleum Confirms “Major” Oil, Gas Accumulation in California Well
(WO) – Trio Petroleum Corp. announced that its HV-1 well has confirmed a major accumulation of oil and gas in the Presidents field in its South Salinas pr…
Crude Oil
U.S. Department of Energy Soliciting Bids for Crude Oil to Replenish Petroleum Reserve
(Bloomberg) – The U.S. is soliciting bids for up to 3 MMbbl of sour crude oil to refill its depleted Strategic Petroleum Reserve.crude oil reserve tanks a…
Hydrogen Production
JERA, PTT ink MOU for Hydrogen and Ammonia Supply Chain Dev’t
This will boost Thailand’s decarbonisation efforts.Japan’s JERA and Thailand’s state-owned petroleum firm PTT Public Company signed a memorand…
Biofuel
New Swedish Government to Reduce Biofuel Mandates
Sweden minority coalition has cut the amount of biofuel that must be added to diesel and petroleum.A government agency spokesman admitted that the country will …
LNG
Australian LNG Producers Rise After More Favourable Petroleum Tax Change
Shares of Australian liquefied natural gas (LNG) producers rose after the government adopted more favourable-than-expected changes to petroleum tax, ensuring th…
Natural Gas
Sasol Discovers Natural Gas in Mozambique’s Bonito-1 Exploration Well
Mozambique’s National Petroleum Institute (INP) announced that Sasol Mozambique (SMPT5-C) has made a discovery of natural gas, in sandstone rocks of Lower…
Renewable Diesel
Petrobras Assesses Coprocessing Expansion, Standalone Renewable Diesel Production
Petrobras, Brazil’s state-owned petroleum company, announced April 17 that it is conducting new project studies to expand the production of coprocessed re…

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Etroleum

Saudi Arabia, Russia Deepen Oil Cuts, Sending Prices Higher

Norway Approves $18.5BN Oil and Gas Projects on Norwegian Continental Shelf

Qatar Set to Strike Second Big Lng Supply Deal with China

EIA: Biofuels Are Displacing Petroleum-Based Distillate Fuel Oil Consumption on the West Coast

US to Add More Than Six Million Barrels of Oil to Reserves to Address Supply Disruptions

Oil Sales Plunge by 40PC in May Amid Economic Slowdown

LPG Prices Slashed by RS37/KG for June

Kuwait’s Oil Company Seeks to Exit Norway

Trio Petroleum Confirms “Major” Oil, Gas Accumulation in California Well

U.S. Department of Energy Soliciting Bids for Crude Oil to Replenish Petroleum Reserve

JERA, PTT ink MOU for Hydrogen and Ammonia Supply Chain Dev’t

New Swedish Government to Reduce Biofuel Mandates

Australian LNG Producers Rise After More Favourable Petroleum Tax Change

Sasol Discovers Natural Gas in Mozambique’s Bonito-1 Exploration Well

Petrobras Assesses Coprocessing Expansion, Standalone Renewable Diesel Production