Oil

Oil & Gas Trade

India’s ONGC May Buy Stake In Rosneft’s Massive Arctic Oil Project

A consortium of Indian energy companies—including state major ONGC—is in early talks with Rosneft for the acquisition of a stake in the Russian state company…

Oil & Gas Trade

Abu Dhabi’s Taqa Looks to Sell UK, Dutch Oil and Gas Assets

Abu Dhabi National Energy Co. has begun a process to sell its oil and gas assets in the Netherlands and the UK, according to documents seen by Bloomberg.

Oil&Gas Drilling

Democrats Close in on Drilling, Mining Bans for Biden’s $3.5T Infrastructure Scheme

Legislation to block oil drilling in most U.S. waters and Alaska’s Arctic National Wildlife Refuge edged closer to passage Thursday

Crude Oil

Russia’s Oil Production To Drop By Just 1% This Year

Russia’s oil production this year is expected to be 1 percent lower compared to 2020, in view of the OPEC+ agreement.

Crude Oil

China’s CNPC Looks To Revive Oil Projects In Venezuela

The China National Petroleum Corporation is preparing to return to Venezuela after the Maduro government finalizes legislation seeking to attract more foreign c…

Oil Exploration

Shell Takes Operatorship in Blocks off South Africa

Impact Oil & Gas entered into the agreement with Shell for the farm-out of the South African exploration right back in November 2020.

Crude Oil

Oil Rises After Opec+ Agrees to more Supply

Group's joint ministerial monitoring committee expects a surplus of 2.5 million bpd in 2022

OPEC

OPEC+ Ignores Biden, Keeps Output Plans Unchanged

The September meeting of OPEC+ today wasn’t expected to erupt in vehement disagreements.

Oil Exploration

Israel Stops Onshore Oil Exploration Permits

Israel will no longer issue onshore oil exploration permits, Energy Minister Karine Elharrar said this week

Market Analysis

Iraqi Crude Exports up 5pc in August

Iraqi crude exports marketed by state-owned Somo increased by 5pc on the month to 3.05mn b/d in August.

Oil Refinery

Iraq on Track for Karbala Refinery Start-up Next Year

Iraq is testing power generation systems at its new 140,000 b/d Karbala refinery ahead of start-up next year.

Natural Gas

Amber Grid to Focus on Green Gas Infrastructure

Gas transmission system operator Amber Grid has announced its operational strategy up to 2030.

Natural Gas

Natural Gas, Reliable and Affordable Source of Energy in the Path to Sustainable Recovery

Having access to clean, reliable, and affordable energy sources is essential to improving the welfare of societies.

Energy Investment

Pakistan Invests $305 million to Explore for Oil in UAE’s Persian Gulf

The United Arab Emirates awarded an oil concession to companies from Pakistan for the first time.

Oil & Gas Trade

CNOOC Invites Foreign Firms to Bid for 19 Blocks of Offshore Oil and Gas

CNOOC had inked 228 contracts with 81 oil companies from 21 countries and regions by July, it said.