Oil

Crude Oil

Shell Could Resume Oil and Gas Exploration in Libya

North Africa’s second-largest oil producer is gradually increasing crude exports after a blockade last year cost it $11bn in lost fiscal revenue

Oman

Incident with Multiple Tankers in Gulf of Oman Raises Concerns in Oil Market

The status of at least four tankers in the Gulf of Oman is uncertain and another was reportedly hijacked by gunman believed to be from Iran.

Carbon Emissions

Oil-Producing Oman Pledges 2% Emissions Reduction by 2030

Struggling to balance its budget as the coronavirus pandemic hits oil revenues, Oman is looking to diversify the economy and cut electricity subsidies

Energy Security

UK Summons Iranian Envoy Following Oil Tanker Attack

In response to Monday's development, Iran has also summoned the British charge d'affaires in Tehran

LNG

Brazil's Petrobras Undecided on LPG Program

The company also said a decision will be taken according to its governance rules

Oil Pipeline

Neptune Energy Installs World’s Longest ETH Production Pipeline

Neptune Energy announced the safe and successful installation and testing of the world’s longest trace-heated subsea production pipeline at its operated Fenja …

Ammonia

ADNOC Sells First Blue Ammonia Cargo to Japan's Itochu Amid Clean Energy Push

Abu Dhabi National Oil Co. has sold its first blue ammonia cargo to Japan's Itochu to be used in fertilizer production as the UAE's biggest energy company bolst…

Oil Field

New Oil Field Comes Online Offshore Malaysia

Petronas has announced that the East Cendor field in Block PM304, offshore Malaysia, has achieved first oil production.

Oil Field

Eni Cheers New Oil Find Offshore Mexico

Italian oil company Eni has made an oil find in Upper Miocene sequences on the Sayulita Exploration Prospect in Block 10 in the mid-deep water of the Cuenca Sal…

Oil Field

Two New Deals Awarded for Qatar’s Giant Offshore Oilfield

NOC is a joint venture between Qatar Petroleum and TotalEnergies.

Oil Field

China’s First Deepwater Oil Project Reaches Full Capacity

China has launched full-capacity production at its first independently developed deepwater oil project, which is located in the eastern section of the South Chi…

Crude Oil

APA, TotalEnergies Drill Successful Appraisal Well Offshore Suriname

APA Corporation announced drilling success and updated the status of its appraisal program offshore Suriname in Block 58.

Crude Oil

Halt in Fuel Price Revision Continues, Global Oil Rates Above $75/bbl

In the national capital, petrol continued to be sold for Rs 101.84 per litre, while diesel was being sold at the unchanged rate of Rs 89.87 a litre on Sunday.

Crude Oil

Oil Prices Slide on Worries over China Economy and Higher Crude Output

Brent crude oil futures skidded 81 cents, or 1%, to $74.60 a barrel by 0116 GMT.

Australia

Oil Search, Santos Close to Deal to Create Top 20 Global Oil Firm

Oil Search said on Monday it intended to recommend an improved buyout offer from Santos Ltd, worth A$8.4 billion, in a deal that would create a top-20 global oi…