Oil

Coal Mine
Deutsche Bank to End Lending for Coal Mining by 2025
Would not finance projects in the oil and gas sector that use hydraulic fracturing in countries with scarce water supplies, new projects in the Arctic region, a…
Oil & Gas Trade
Iran Moves from Oil to Petrochemicals in Export
Country launches 3 major petrochemical projects worth $1.6B to boost non-oil revenue.
Oil & Gas Trade
Libya's Oil Blockade Will Help Clear the Global Supply Glut
Libya's port blockade is set to keep the North African country's oil off the market until at least the fourth quarter of 2020
Oil Price
Saudi Aramco Profit Drops 50% for First Half of the Year as Pandemic Batters Oil Price
Oil giant Saudi Aramco reported a 50% fall in net income for the first half of its financial year, reflecting a devastating year for oil markets and the global …
Oil&Gas Drilling
Turkey Resumes Energy Exploration in Eastern Mediterranean
Turkey has resumed energy exploration activities in the eastern Mediterranean Sea.
Oil&Gas Drilling
Demand For Offshore Oil Rigs To Return In 2022
Demand for offshore rigs will slump this year as a result of the pandemic and the low oil prices that are forcing offshore operators to delay drilling activitie…
Oil & Gas Trade
U.S. Sends Crude Oil To World’s Top Exporter Saudi Arabia
The U.S. sent in June its first crude oil shipment to Saudi Arabia since the ban on crude export was lifted in 2015, which was also the first shipment since one…
LNG
Chevron Can Make Lsrael’s Leviathan a Global Gas Supplier
According to the chief executive officer of Delek Drilling, Chevron’s entry into Israel’s Leviathan natural gas field will help deliver the technical and mark…
LNG
Inpex Hit by $1.3 bln Australian LNG Assets Impairment
Japan’s oil and gas giant Inpex has flagged a 139.7 billion yen ($1.33 billion) impairment loss on its Australian LNG assets.
Oil Field
Petrobras Reaches Record Buzios Output in July
Brazilian oil major Petrobras has broken a monthly oil production record on its Buzios deepwater field offshore Brazil.
India
Total and Adani Group to Apply for Petrol Pump Licence in India
A newly formed joint venture of French supermajor Total and an Adani group firm will soon apply to the government for permission to open petrol pumps in India.
Crude Oil
Iraq Says Will Make Additional Oil Cuts in August
Iraq said on Thursday it would make an additional cut in its oil production of about 400,000 barrels per day in August.
Oil & Gas Trade
Ukraine to Increase Domestic Natural Gas Production
Ukraine’s largest natural gas producer, Ukrgasvydobuvannya, will increase domestic natural gas production, reduce the country’s dependency on imports and impr…
Oil & Gas Trade
US Firm Secures Oil Deal with US-Backed Forces in Syria
A U.S. company has reportedly reached a deal with Kurdish-led authorities in northeast Syria to develop and export crude oil in areas under their control in the…
China
Asia Shrugs Off OPEC Supply Rise as Refiners Grapple with Crippled Demand
Middle Eastern sour crude supply is expected to increase this month after OPEC+ members on July 15 agreed to pare back their production cut commitment.

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Oil

Deutsche Bank to End Lending for Coal Mining by 2025

Iran Moves from Oil to Petrochemicals in Export

Libya's Oil Blockade Will Help Clear the Global Supply Glut

Saudi Aramco Profit Drops 50% for First Half of the Year as Pandemic Batters Oil Price

Turkey Resumes Energy Exploration in Eastern Mediterranean

Demand For Offshore Oil Rigs To Return In 2022

U.S. Sends Crude Oil To World’s Top Exporter Saudi Arabia

Chevron Can Make Lsrael’s Leviathan a Global Gas Supplier

Inpex Hit by $1.3 bln Australian LNG Assets Impairment

Petrobras Reaches Record Buzios Output in July

Total and Adani Group to Apply for Petrol Pump Licence in India

Iraq Says Will Make Additional Oil Cuts in August

Ukraine to Increase Domestic Natural Gas Production

US Firm Secures Oil Deal with US-Backed Forces in Syria

Asia Shrugs Off OPEC Supply Rise as Refiners Grapple with Crippled Demand