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Crude Oil
Romania's Crude Oil Production Down 3.4pct in Q1 2024, Imports Drop 15.1pct (Statistics)
In the first quarter of 2024, Romania produced 682,400 tonnes of oil equivalent (toe) of oil, 23,900 toe less (-3.4%) than in the same period of the previous ye…
Oil & Gas Trade
Russia Is China's Top Oil Supplier for a 12th Month in April
Russia China’s top oil supplier in April for a 12th month, with volumes rising 30% from a year earlier, official data showed, as refiners continued to cas…
Oil & Gas Trade
Russia to Lift Gasoline Export Ban, RBC Reports
A view of the Rosneft Achinsk oil refinery plant, one of the biggest Siberian fuel suppliers, near the town of Achinsk, some 188 km (117 miles) west of Krasnoya…
Oil & Gas Trade
Landlocked Niger With China's Aid Starts Oil Exports With Pipeline to Benin
The government of the West African nation of Benin agreed to temporarily lift its blockade of Niger’s oil exports from its Port of Cotonou. While it repre…
Oil&Gas Drilling
Suriname's Oil Resources Seen Totaling Over 2 Bbbl, Wood Mackenzie Reports
Suriname’s discovered oil resources now total more than 2.4 Bbbl of crude and liquids, and the nation has more than 12.5 tcf of gas, according to Wood Mac…
Oil&Gas Drilling
State Companies Plan to Extract 15 Cubic Meters of Gas and Two Million Tons of Oil This Year and Have Launched Seven New Gas Wells.
The Naftogaz group expects that state gas production companies will produce about 15 billion cubic meters of gas in 2024, said the state company’s CEO, Ol…
Oil&Gas Drilling
Saipem Secures $850 Million Award Offshore Angola From Eni-Led Joint Venture
Saipem has been awarded a new offshore contract by Azule Energy Angola S.p.A., a subsidiary of Azule Energy Holdings Limited, for the development of the Ndungu …
Oil Pipeline
Putin Says Oil Pipeline Could Run Alongside Planned New Gas Link to China
Russia could deliver oil as well as gas to China along a planned route via Mongolia, President Vladimir Putin said on Friday.Putin, wrapping up a two-day visit …
Oil & Gas Trade
Saudi Aramco Signs MoUs With US Firms Aeroseal, Spiritus and Rondo
Oil tanks seen at the Saudi Aramco headquarters during a media tour at Damam city November 11, 2007. REUTERS/ Ali Jarekji/File Photo Purchase Licensing RightsSa…
Oil & Gas Trade
Totalenergies Strikes Supply Deal with Dangote on Nigerian Refinery
The logo of French oil and gas company TotalEnergies is seen at a TotalEnergies gas station in Bugnicourt, France, October 8, 2022. REUTERS/Pascal Rossignol/Fil…
Oil&Gas Drilling
Asia's First Cylindrical FPSO Coming to Work on Chinese Oilfield
The loading operation of a floating production, storage, and offloading (FPSO) vessel, which is said to be independently designed and built by China as Asia&rsq…
Oil & Gas Trade
Pakistan, China Likely to Sign MoU on Petrochemical Refinery Next Month
During Prime Minister Shehbaz Sharif’s visit to Beijing in June, the governments of China and Pakistan are expected to sign a memorandum of understanding …
Oil & Gas Supply
Türkiye's Turkmenistan Gas Quest Through Geopolitical Gridlock
Türkiye’s energy minister and Azerbaijan’s economy minister signed a comprehensive deal on Tuesday on capacity expansion for several natural ga…
Oil & Gas Trade
Bulgaria Demands €400 Million From Gazprom for Suspended Gas Supplies
Bulgarian state-owned gas company Bulgargas is seeking more than €400 million in damages from Russian gas monopoly Gazprom Export-Import for the sudden sus…
Oil&Gas Drilling
Indonesia Expects Oil and Gas Investments to Rise 29% to $17 Billion in 2024
Indonesia expects investments in its oil and gas sector to rise 29% in 2024, the chairman of regulator SKK Migas told Reuters, as it races to ramp up drilling a…
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