Oil

Oil Exploration

Jordan to Allow Exploration in Nine Hydrocarbon Blocks, Energy Minister Says

The kingdom imports more than 90 per cent of its energy needs and is looking to diversify its mix

India

Praj Industries to Set up Ethanol Plant for Godavari Biorefineries

Praj will expand the existing ethanol manufacturing capacity of the plant to 600 Kilo Liter Per Day, from the existing 400 KLPD.

Crude Oil

Brazil Crude Exports at Eight-Month High in March

Brazilian crude exports climbed to around 1.54mn b/d in March, an almost 17pc increase over February and the highest volume since July 2020.

Oil Price

Oil Falls, Ending Week About 2% Lower on Supply increase, and New Lockdowns

Oil prices settled lower on Friday and fell around 2% last week as production increases and renewed COVID-19 lockdowns in some countries, offset optimism about …

Oil Exploration

Eni’s Latest Oil Discovery Could Be Big For Angola

Italian firm Eni has made a new light oil discovery off the coast of Angola after exploration activities recommenced following a year of pandemic restrictions.

Oil Pipeline

Uganda, Tanzania Sign Oil Pipeline Project Agreement

1,440 km crude oil pipeline will be constructed from Uganda's Albertine region to Tanzanian seaport of Tanga

Oil Price

The $7 Trillion Reason Saudi Arabia Is Cutting Oil Production

Strict production discipline by OPEC and its partners is the #1 reason why oil prices have managed to stage a remarkable recovery and stay relatively high after…

Solar Power Plant

UAE’s Taqa Seeks to Shine with Solar Energy Push

State-owned utility introduces sustainability goals as part of the emirates’ drive to wean itself away from oil

Carbon Emissions

Elevated CO2 Levels in Atmosphere Increase Plant Carbon Uptake but Decrease Soil Carbon Storage

Increasing concentrations of carbon dioxide in the atmosphere are boosting the uptake of carbon by plants but may decrease carbon storage in the soil.

Oil & Gas Trade

Libya’s Largest Oilfield Could See Exports Interrupted

The largest oilfield in Libya, the 300,000-bpd Sharara field, could see crude oil exports from it disrupted if members of the Petroleum Facilities Guard follow …

Oil Field

Southeast Asia Looks To Increase Offshore Oil Production

Malaysia and Brunei have signed an agreement to develop two offshore oil fields on the maritime boundary, with greater exploration of recent ultra-deepwater dis…

Oil Field

CNOOC Sees Minimal Output hit from China Oil Field Fire

China's state-controlled CNOOC expects a fire at one of its offshore platforms earlier this week to reduce crude production by around 600,000 bl this year.

Oil&Gas Drilling

China Drills Deep in Disputed South China Sea

It was unclear exactly where the drilling took place in the South China Sea, around 90 per cent of which is claimed by Beijing as its territorial waters

Oil & Gas Trade

Energy Partnership Bolsters China–Russia Relations

Russia’s Novatek and China’s Shenergy signed a new gas deal in February 2021, highlighting the primacy of energy ties in China–Russia relations.

Shell to Make First Oil Output Profit Since Pandemic

Royal Dutch Shell Plc said it expects to make the first profit from pumping oil since the start of the pandemic.