Oil

Oil & Gas Trade

Pakistani Consortium of Fertilizer Companies to Invest $300 Million for Sustainable Gas Supply

The Sui Southern Gas Company office. — The News fileKARACHI: A consortium of Pakistan’s three major fertilizer manufacturers is investing $300 million to…

Oil & Gas Trade

Tanker Liteyny Prospect, Hit by Sanctions, Docks in China to Offload Russian Oil

The Russian tanker Liteyny Prospect, hit by sanctions, has docked at the Chinese port of Huanghua to discharge its 700,000-barrel Russian Sokol crude cargo, two…

Oil&Gas Drilling

China's CNOOC Makes 100 Million Ton Oilfield Discovery in South China Sea

The logo of China National Offshore Oil Corporation (CNOOC) is seen at its booth during the China International Fair for Trade in Services (CIFTIS) in Beijing, …

Turkey

Turkey Signs Energy Cooperation Deal with Somalia

Turkey signed an offshore oil and natural gas cooperation deal with Somalia on Thursday, the Turkish Energy Ministry said, further strengthening bilateral ties …

Oil & Gas Supply

IEA Sees Relatively Well Supplied Oil Market in 2024

A view of the logo of the International Energy Agency in Paris, France, December 15, 2023. REUTERS/Sarah Meyssonnier/File Photo Purchase Licensing RightsThe glo…

Oil&Gas Drilling

Argentina State Oil Firm YPF to Invest $3 Bln in Shale in 2024

A view shows YPF Tower, a day after Argentina's runoff presidential election, in Buenos Aires, Argentina November 20, 2023. REUTERS/Agustin Marcarian Purcha…

Oil & Gas Trade

Germany Extends Rosneft Trusteeship for Third Time as Russian Oil Firm Seeks Buyer

A view shows fuel tanks at a facility of Rosneft energy company outside the town of Neftegorsk in the Samara Region, Russia September 1, 2023. REUTERS/Alexander…

Oil and Gas Equipment

Totalenergies' Donges Oil Refinery in France Restarting Multiple Units

A view of the TotalEnergies logo as the sun rises, on the day French riot police pushed back energy workers on strike as they gathered in front of the refinery …

Oil & Gas Trade

Hess Says Reviewing Timeline for Closing Chevron's Takeover Deal

A Chevron gas station sign is seen in Austin, Texas, U.S., October 23, 2023. REUTERS/Brian Snyder/File Photo Purchase Licensing RightsU.S. oil producer Hess (HE…

Oil Pipeline

TC Energy's Keystone Oil Pipeline Restarts After Going Offline

The route of the Keystone XL crude oil pipeline lies idle through a farmer's field near Oyen, Alberta, Canada February 1, 2021. REUTERS/Todd Korol/File Phot…

Oil&Gas Drilling

Chevron Restarts Drilling in Key Venezuela Oil Field

A Petroleos de Venezuela SA (PDVSA) oil pumpjack on Lake Maracaibo in Cabimas, Zulia state, Venezuela, on Wednesday, Nov. 15, 2023. A decision by the US on Oct.…

Oil & Gas Trade

Russian Court Warns Czech net4gas of $122 Mln Fine Over Gazprom Lawsuit

A view shows the Orenburg gas processing plant of Gazprom in the Orenburg Region, Russia Septeember 6, 2022. REUTERS/Alexander Manzyuk/File Photo Purchase Licen…

Oil&Gas Drilling

Dutch Lawmakers Indicate Support to Permanently Shutter Groningen Gas Wells

A majority in the Dutch parliament said on Wednesday they would back a proposal to permanently seal off gas production wells at the Dutch Groningen field in a v…

Oil & Gas Trade

UK's Hunt Extends Energy Windfall Tax by One Year to 2029

British Chancellor Jeremy Hunt speaks to members of the media during a visit to a builders warehouse in London, Britain, March 6, 2024. Kirsty Wigglesworth/Pool…

Oil Pipeline

Enbridge to Spend $500 Million on Pipeline Network, Raises Profit Targets

Enbridge Inc logo is seen displayed in this illustration taken April 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsNorth America…