Oil

Adnoc Signs Deal With Italy's Eni to Collaborate on Carbon Capture Research

Abu Dhabi National Oil Company signed a strategic framework agreement with Italy’s energy company Eni to explore opportunities to collaborate on carbon capture…

Oil & Gas Trade

Guyana Officially Becomes Oil Exporter

The world’s newest oil frontier, Guyana, has officially shipped its very first batch of crude oil on Monday, according to TankerTrackers.com—a major oil-first…

Oil&Gas Drilling

China Finds Oil In Asia’s Deepest Onshore Well

China National Petroleum Corporation (CNPC) has found crude oil and natural gas in the deepest well drilled in Asia’s onshore, striking hydrocarbons in a pre-s…

China Changes Policy on Foreign Oil Operators

The policy of China on foreign oil and gas operators is about to change. China will allow private and foreign firms to explore its domestic oil and gas resource…

Oil&Gas Drilling

EU Warns Turkey Off Mediterranean Gas Exploration Plans

The European Union has urged Turkey to drop plans to drill for oil and gas around Cyprus and the eastern Mediterranean, saying such exploration was “illegal”.…

Repair of Collective Boilers and Electrical Installations

Tenders are invited for mission for the repair of collective boilers and electrical installations (switchboards, heating, hot water tanks and CMV) on the herita…

Crude

Pipeline Closure Risks Taking Nearly all Libya's Oil Offline

Two major oilfields in southwest Libya began shutting down on Sunday after forces loyal to Khalifa Haftar closed a pipeline, potentially reducing national outpu…

Oil & Gas Trade

Jordan Parliament Seeks Ban on Israel Gas Imports

Jordan’s parliament Sunday voted in favour of a law to ban gas imports from Israel, weeks after the Jewish state began pumping it to the kingdom in a $10 billi…

Chevron Commits to The Development of Hydrogen Energy

Hydrogen can play a role in a lower carbon future, Chevron Corp Chairman and CEO Michael Wirth said as the US oil major joins the Hydrogen Council.

Shale Gas

A Crude Restructuring: How America's Shale Revolution Changes the Oil Market in the Middle East

In the first week of January 2020, US special forces executed a strike killing the leader of Iran’s foreign paramilitary arm, Qasem Soleimani, and raised the a…

Argentine Govt Prepares Bill to Spur Oil and Gas Investment

Argentine President Alberto Fernandez will send a bill to Congress to attract investment for the production of conventional and unconventional hydrocarbons, a s…

Oil&Gas Drilling

Trump Administration Grants Chevron License to Keep Drilling in Venezuela

The Department of Treasury is allowing Chevron, along with four other U.S. service suppliers, to continue operating in Venezuela despite U.S. sanctions.

Oil&Gas Drilling

Huge New Field Sends Norway’s Oil Production To 9-Year-High

The start-up of the massive Johan Sverdrup oilfield sent Norway’s oil production rising to a nine-year high in December 2019, beating the authorities’ forecas…

Oil & Gas Trade

Libya's Eastern-Based Forces Move to Halt Oil Exports

A move by Libya's east-based forces to choke off oil exports from its territory threatens to throttle much of the country’s oil production

Oil & Gas Trade

Eastern Libya Halts More Than Half the Country's Oil Output

Eastern Libya ports controlled by commander Khalifa Haftar, who is trying to seize the capital Tripoli, are shutting down oil exports, slashing national crude o…