Oil

Oil Shale

Exxon Continues To Shed Shale Assets

ExxonMobil has started marketing gas assets in the Fayetteville Shale in Arkansas, the US supermajor’s spokeswoman Julie King told Reuters on Wednesday.

Crude Oil

Oil Tanker Explodes In Syrian Port

An explosion on an oil tanker moored at the Syrian port of Latakia caused a fire that has injured two people in an incident on what was identified as a tanker p…

Crude Oil

Oil Turns Positive, Clawing Back Losses After White House Calls on OPEC to Boost Production

Oil prices reversed losses to trade in the green on Wednesday, after the White House called on OPEC and its allies to increase oil production to support the glo…

Uganda International Oil and Gas Summit

The Uganda International Oil and Gas Summit will examine the future of oil and gas exploration and production in Uganda, setting out the government's vision…

Energy Security

G7 Comments on Oil Tanker Attack

The G7 foreign ministers of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States of America, and the high representative of the Europ…

Oil Field

Energy-Starved Bangladesh Discovers New Gas Field Worth Over $148 mn

Bangladesh has announced to have discovered a new gas field containing a probable reserve of about 68 billion cubic feet worth over $148 million

Natural Gas

China Starts Work on Gas Pipeline for Olympic Venue

Beijing will be the official host of the Games, taking place in February, but some skiing and snowboarding events will take place in Zhangjiakou, some 170 km no…

Oil Field

First Oil at Norway's Rolvsnes Field

Norway-focused independent Lundin Energy has started crude production from an extended well test at the Rolvsnes field in the Norwegian North Sea.

Crude Oil

Pipeline Leak Cuts Libya’s Oil Production By 70,000 Bpd

Libya’s crude oil production fell on Monday by 60,000-70,000 barrels per day because pumping crude at an oilfield had to be reduced because of a leak in a pipe…

Crude Oil

DPR Plans Incentives for Operators, Eyes 50bn Barrels Oil Reserves

According to him, effective implementation of the MER strategies would deliver greater value overall to all stakeholders.

Oil Price

Oil Slides 4% on China Virus Curbs and Climate Warning

A United Nations panel's dire warning on climate change also added to the gloomy mood after fires in Greece have razed homes and forests and parts of Europe suf…

Oil & Gas Conference

The Oil & Gas Conference offers investment professionals the opportunity to listen to the world's key senior management teams present their growth plans and…

Oil Price

Aramco Posts Nearly 300% Leap in Second-Quarter Profit as Oil Demand Recovers

Saudi state oil giant Aramco reported a stunning 288% increase in net income to $25.5 billion for the second quarter, while maintaining its dividend of $18.8 bi…

Crude Oil

Zanganeh: Iran Prepared to Return to Int’l Oil Market

Iran is ready to return to the international oil market at the highest level when a political agreement is reached between Iran and the world powers, and the un…

Energy Technology

PNOC Studies Deuterium As Possible Fuel, Power Source

STATE-LED Philippine National Oil Co. said it is in the initial stage of exploring the production of fuel from deuterium.