Oil

Oil Price

Global oil prices rise following Hamas-Israel conflict

A recent analysis by Nairametrics on global crude prices reveals an upswing in oil prices following the Hamas attack on Israel.This is a tragic event that resul…

Oil & Gas Trade

Abu Dhabi's Oil Champion ADNOC Bets on Global Expansion

The United Arab Emirates is refashioning state-owned Abu Dhabi National Oil Company (ADNOC) in the image of an international oil major by stepping up its global…

Oil & Gas Trade

Australia's Walyering Starts Gas Sales

Australian independent Strike Energy began sales of gas from its Walyering field in Western Australia's (WA) Perth basin on 1 October, with it reporting pro…

Oil & Gas Trade

Investors Commit $1BN to Gas-To-Power Projects

Out of the $80bn gas-to-power projects planned to be established in Nigeria, only $1bn has been committed to these projects by investors, an oil and gas report …

Oil Pipeline

Azerbaijan, Turkey Start Construction of Nakhchivan Gas Pipeline

Turkey's President Recep Tayyip Erdoğan with Azerbaijan's President Ilham Aliyev. Photo Credit: President.azAzerbaijan and Turkey have broken ground on…

Oil & Gas Supply

Australia Agreed to Ensure a Stable Supply of Energy Resources Such as LNG, Coal to Japan

Japan's Economy, Trade and Industry Minister Yasutoshi Nishimura met in Melbourne with his Australian counterpart Don Farrell for the fifth Japan-Australia …

Oil&Gas Drilling

Iraq Puts 30 New Oil and Gas Projects up for Grabs

Iraq has launched its fifth+ and sixth licensing rounds in which it plans to award 30 new oil and gas projects.Opec’s second-largest producer has set a Ja…

Oil & Gas Trade

Talon Energy and Strike Energy Begin Export of Sales Gas From Walyering From 1 October

Talon Energy Ltd (ASX:TPD) and partner Strike Energy Ltd (ASX:STX) commenced the stabilised export of commissioning gas from the Walyering gas field into the Pa…

Oil & Gas Supply

OPEC Leaders Make Case for Fossil Fuels at Riyadh Climate Event

UAE Industry Minister Sultan Ahmed Al Jaber waves before a meeting between Brazil's President Luiz Inacio Lula da Silva and leaders of countries attending t…

Oil & Gas Supply

Saudi Arabia, Other Arab States Reaffirm Commitment to Voluntary Oil Production Adjustments

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

Pioneer Shares Jump on Exxon Mega-Merger Talks

Exxon Mobil logo and stock graph are seen through a magnifier displayed in this illustration taken September 4, 2022. REUTERS/Dado Ruvic/Illustration/File Photo…

Oil&Gas Drilling

US Drillers Cut Oil and Gas Rigs for Third Week in a Row, Baker Hughes Says

A pulling rig is erected at an oil well in the middle of a cotton field to swab the well in Seminole, TX, U.S. September 19, 2019. Picture taken September 19, 2…

Oil Price

Rystad Sees Oil at $60 a Barrel by 2027 as Demand Peaks

An oil worker removes a thread cap from a piece of drill pipe on a drilling lease owned by Elevation Resources near Midland, Texas, U.S., February 12, 2019. Pic…

Oil & Gas Supply

Petroecuador Recovers Production Following Protests

Ecuador's state-run oil company Petroecuador on Friday saw production hit 397,000 barrels per day (bpd) after recovering operations at one of its main opera…

Oil & Gas Trade

Putin Launches Russian Gas Shipments to Uzbekistan

Russian Vladimir Putin on Saturday announced the start of gas supplies to Uzbekistan via Kazakhstan, a boost for Russia’s industry hit by a flurry of West…