Oil

Oil & Gas Supply

Uganda Stands to be one of Sub-Saharan Africa’s Top Five Oil Producers by 2025

With the East African Oil Pipeline project recently getting the go-ahead, Uganda is set to produce its first oil as early as 2025 and production in the next fiv…

Oil Pipeline

Keystone Pipeline Cancelled After Biden Blocks Permit

Construction on pipeline began last year when former president Donald Trump revived the long-delayed project

Oil & Gas Trade

Israeli Minister Calls For Scrapping UAE Oil Pipeline Deal

Israeli Minister of Environmental Protection Gila Gamliel is looking to have the recent oil pipeline deal between Israel and the United Arab Emirates scrapped b…

Net Zero Emission

Canada’s Top Oil Sands Firms Set Up Net-Zero Emissions Alliance

The biggest oil sands producers in Canada announced on Wednesday a net-zero collaboration initiative to achieve net-zero emissions from oil sands operations by …

Oil Exploration

Exxon and Its Partners Log New Discovery at Longtail-3 Offshore Guyana

ExxonMobil announced a discovery at Longtail-3 in the Stabroek Block offshore Guyana.

Crude Oil

Iran Projects 90 Days to Hit 4 million Barrels of Daily Oil Output Once Sanctions are lifted

Iran plans to restore the bulk of its crude oil production within one month of the easing of U.S. sanctions if world powers manage to broker the revival of the …

Nuclear Equipment

Toshiba Completes Initial Toroidal Field Coil for ITER

Japan's Toshiba Energy Systems & Solutions Corporation announced today it has completed the manufacture of the first of four toroidal field coils it is supplyin…

Oil Price

Oil Extends Advance Above $70 Amid Improving Demand Outlook

Oil extended gains above $70 a barrel after an industry report pointed to another draw in U.S. crude stockpiles, reinforcing optimism around the demand recovery…

Nuclear Power Plant

Iraq Plans Nuclear Power Plants to Tackle Electricity Shortage

Iraq is planning to build eight nuclear reactors to tackle a crippling power shortage in the oil-rich economy.

Natural Gas

Iraq Hopes to Restore Full Iranian Gas Import Volumes

The news comes just as the temperatures in Iraq have begun to soar.

Natural Gas

1st Leg of Nord Stream 2 Pipeline to Supply Gas in 10 days

Russian President Vladimir Putin announced the completion of the first leg of the Nord Stream 2 pipeline between Moscow and Berlin, which is expected to supply …

Oil Refinery

EU to Help Kazakhstan Upgrade Atyrau Oil Refinery to Address Air and Soil Pollution

The remediation work is the result of a long-term engagement between the EBRD and the refinery that combines financing and reforms aimed at reducing the environ…

Oil Exploration

Uganda Picks Four Firms For New Oil Exploration Round

Uganda has shortlisted four companies for an exploration round following its second oil exploration tender ever.

OPEC

Russia Claims Its Compliance With OPEC+ Cuts Was Almost 100% In May

Russia was close to complying 100 percent with its oil production quota under the OPEC+ deal in May

Natural Gas

Gas a Pragmatic Answer to Realise Energy Transition

The destiny of the world rests in innovative utilisation of hydrocarbons whilst embracing the rise of renewables in the global energy mix, Secretary General of …