Oil

Gas Pipeline

Turkmenistan, CNPC Hold Talks on TAPI Pipeline's Key Segment

During a meeting with CNPC Board Chairman Dai Houliang in Beijing, Turkmen National Leader and Chairman of the Halk Maslahaty Gurbanguly Berdimuhamedov confirme…

Natural Gas

Petrobras finds more gas on deepwater block offshore Colombia

Petrobras and Ecopetrol have discovered natural gas in the Copoazu exploration area of the deepwater block GUA-OFF-O in the Caribbean Sea, located 36 kilometers…

Green Hydrogen

OMV Petrom receives first electrolyser for 20MW Romanian e-fuel plant

Romanian oil and gas producer OMV Petrom has received the first electrolyzer module for its 20MW green hydrogen-based e-fuel production facility at its Petrobra…

United States

Baker Hughes awarded turbomachinery service contract from Petrobras

Baker Hughes, a US-based energy technology giant, has reached a multi-year agreement with Petrobras, Brazil's state-owned energy giant, to provide critical turb…

Oil&Gas Drilling

Equinor makes Arctic Norway oil discovery

Equinor has made an oil discovery that will be tied into the Johan Castberg field in the Barents Sea.The discovery was made in the Polynya Tubåen prospect (722…

Crude Oil

Spain to release 11.5M barrels from strategic oil reserves

The Spanish government on Tuesday approved the release of up to 11.5 million barrels of oil from its reserves in a bid to ease supply shortages.Speaking to repo…

South Korea considers importing Russian oil

The South Korean government is pursuing the reintroduction of Russian crude oil imports, suspended since 2022, as the prolonged closure of the Strait of Hormuz …

Oil Exploration

Hungary and Slovakia agree to build fuel pipeline

Hungary and Slovakia signed an agreement in Brussels on March 16 to construct an oil products pipeline connecting refineries owned by MOL Group in the two count…

Neste of Finland Commissions World's Largest Liquefied Waste Plastic Upgrading Facility in Porvoo, with Annual Capacity of 150,000 Tons

Neste of Finland recently announced the successful commissioning of its new liquefied waste plastic (LWP) upgrading facility at its Porvoo refinery. This projec…

World Bank Funds Uzbekistan to Repair Natural Gas Pipeline Network Leaks

The World Bank recently approved a $10.6 million grant to support Uzbekistan in repairing leaks in its aging natural gas transmission system. This project aims …

CNPC Chairman Dai Houliang Meets with Turkmenistan's Deputy Prime Minister Agazhanov

Dai Houliang, Chairman of China National Petroleum Corporation (CNPC), met with Serdar Agazhanov, Deputy Prime Minister of Turkmenistan, in Beijing. The two sid…

YPF Argentina and SLB Collaborate on Training to Boost Vaca Muerta Shale Technology

The Vaca Muerta Institute (Instituto Vaca Muerta, IVM), jointly established by Argentina's national oil company, YPF, and the global energy technology servi…

Re Sustainability and Indian Oil Corporation Launch Waste Oil Recycling Project in India

Re Sustainability has signed a Memorandum of Understanding with Indian Oil Corporation Limited to launch India's first nationwide program for used lubricati…

UK and Europe Advance Fischer-Tropsch Technology to Expand Sustainable Aviation Fuel Feedstock Sources

As sustainable aviation fuel (SAF) gradually shifts from planning to actual construction, the issue of feedstock supply is becoming increasingly prominent. Earl…

BPCL Commissions Compressed Biogas (CBG) Plant in Brahmapuram, Kochi, India

Bharat Petroleum Corporation Limited (BPCL) inaugurated its Compressed Biogas (CBG) plant in Brahmapuram, Kochi, Kerala, India. The CBG plant inauguration was p…