Oil

Oil Field

CNOOC Limited Announces China’s First Offshore CCS Demonstration Project Commissioned

HONG KONG, May 31, 2023 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, SSE: 600938) today announces the official commissioning of China's first …

Oil&Gas Drilling

Dorset: Oilfield Expansion Expected at Waddock Cross Near Affpuddle

A SMALL oil site at Waddock Cross, near Affpuddle, could continue in operation for another decade, with a possible future expansion.World oil prices has meant t…

Natural Gas

Arkansas Gas Prices Slightly Increase

(WENDELL FRANKS)By Region 8 NewsdeskJONESBORO, Ark. (KAIT) - The unofficial start of summer usually means soaring gas prices, but drivers are getting a break at…

Oil Price

Oil Slides 4PC on Worries About US Debt Ceiling, OPEC+ Talks

NEW YORK: Oil prices fell by about 4 percent on Tuesday on concerns about whether the U.S. Congress will pass the U.S. debt ceiling pact and as mixed messages f…

Oil & Gas Trade

Saudi Diesel Imports From Russia, Exports to Singapore Hit Records

Leading crude exporter Saudi Arabia is maximising refining profits by importing unprecedented amounts of cheap Russian diesel and in turn shipping record volume…

Oil & Gas Trade

China’s Fuel Oil Imports Soar Due to Curbing Bitumen Blend Intake

China's independent oil refiners are ramping up fuel oil imports to process into gasoline and diesel amid robust refining margins as ongoing cargo inspectio…

LNG

Pakistan LNG Withdraws Termination Notice to PGPC

ISLAMABAD: Pakistan LNG Limited (PLL) on Monday withdrew its termination notice for the operation and services agreement (OSA) with the Pakistan GasPort Consort…

Offshore Wind Power

Fossil Fuel Dinosaurs Spot Major Opportunity in Australian Offshore Wind

Image: OrstedThe ASX-listed Beach Energy oil and gas company is considering a strategic pivot into Australian offshore wind development, and has tied up with le…

Oil Exploration

ExxonMobil: Africa to Remain Relevant in Oil Exploration in Years to Come BUSINESS | 2 hours ago

ExxonMobil will continue the search for big new oil and gas fields that can help fund alternative energy sources such as LNG and renewables, even as the thresho…

Natural Gas

Gas Price Average in San Diego County Rises for 11th Time in 12 Days

Photo by: David Duprey/ASSOCIATED PRESSFILE - Bob Krueger holds up a gasoline pump nozzle for a photo after filling up a tank at his gasoline station in Clarenc…

Oil & Gas Supply

Aker BP Makes a 40-90 Mboe Oil Discovery in the North Sea off Norway

The Norwegian oil exploration company Aker BP has made a significant oil discovery in the North Sea off Norway, with preliminary estimates indicating a gross re…

Crude Oil

Asia’s Crude Imports Jump in May as China, India Suck up Russian Oil: Russell

LAUNCESTON, Australia, May 29 (Reuters) - Asia's imports of crude oil are on track for a strong rebound in May as the region's two biggest buyers, China…

Oil & Gas Trade

Saudi Arabia Imports Russian Oil, Sends Its Own Supplies to EU

A report by Bloomberg shows that Saudi Arabia has become Europe's largest oil supplier as Riyadh buys record amounts of Russian crude oil for domestic use.S…

Offshore Wind Power

Australian Oil and Gas Company Beach Makes Move Into Offshore Wind

Image: EDF Renewables.Australian oil and gas company Beach makes move into offshore windShareTweetAustralian oil and gas company Beach Energy has made its first…

Renewable Diesel

‘Abnormal’ EU Biodiesel Imports Hit Rapeseed Market: Fediol

An "abnormal" rise in imports of biodiesel classified as waste-based has hit rapeseed prices in Europe, vegetable oil industry group Fediol said, calling for an…