Oil

Crude

​Shell Wins Auction of Guyana's First Three Crude Oil Cargoes

Royal Dutch Shell won the rights to market Guyana’s first cargoes of crude oil, the government said on Tuesday, just days after oil production began and launch…

Oil & Gas Trade

How US Sanctions Could Hit Russia’s Nord Stream 2 Gas Project

Swiss-Dutch company Allseas, which was laying the pipeline using two vessels – Pioneering Spirit and Solitaire – suspended work to avoid US sanctions. Allseas…

Abu Shabi International Petroleum Exhibition & Conference (Adipec)

ADIPEC is the world’s largest and most influential event for the oil and gas industry and attracted a record breaking 155,000+ attendees in 2019, bringing toge…

Oil and Gas Equipment

Russia Says Nord Stream 2 Gas Pipeline Will Be Completed in Matter of Months

Russia's new gas transit deal with Ukraine would also mollify the impact on Russian gas supplies of U.S. sanctions introduced on the pipeline project, he said.

Coal Production

Indonesian Bukit Asam Targets to Produce Around 30 mt of Coal in 2020

Indonesian state-owned coal miner PT Bukit Asam targets to produce around 30 million tonnes of coal in 2020, compared with an estimate of 28.5 million tonnes pr…

Cooperation case

Albania Signs Oil Exploration Contract With Italian Company

The Albanian government and Italian oil and gas company ENI signed a production sharing contract on Friday to explore for oil in the offshore Dumre Block, locat…

Oil and Gas Equipment

French Union Workers Vote to Halt Production at key Oil Facility

French workers voted on Monday to halt production at a key oil facility that supplies Paris and the surrounding region, joining other petroleum industry shutdow…

Global Petroleum Show 2020

Global Petroleum Show Unites oil and gas industry for a stronger futureThe 51st running of North America’s Leading Energy Event, the Global Petroleum Show…

Crude

600-gallon Oil Spill Left Parts of the Galapagos Islands

The spill is reportedly the result of an error at a port on San Cristobal Island. An accident saw a crane collapse as it was loading a barge with a container ca…

Mehrer Compression GmbH

As the world's leading manufacturer of oil-free piston and diaphragm compressors, decades ago we pioneered our dry-running compressors in cross-head design. Tod…

Oil Price

Crude Oil Prices Drift Lower Despite US-China Trade Hopes

Crude oil prices drifted lower in the Asia Pacific Monday session, but remained close to three-month highs after three straight weeks of gains which have now me…

Energy Security

Threat to Energy Security: Oil Companies Fear Disruption in Imports

Imports of petroleum products into Pakistan may be disrupted as the terminals operated by Karachi Port Trust (KPT) has stopped working, threatening energy secur…

Oil & Gas Trade

Germany Helps Broker Russian Gas Transit Deal Via Ukraine to EU

Following intense negotiations, Russian, Ukrainian representatives have reached an agreement in principle in Berlin on 19 December to continue the transit of Ru…

Oil&Gas Drilling

NPD Grants Equinor A Drilling Permit,Mist Well

The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for a wildcat well located in the Barents Sea offshore Norway.

Oil & Gas Trade

Shell-Reliance Give up Panna-Mukta Fields; Western Offshore Fields Revert to ONGC

Panna-Mukta and Tapti oil and gas fields in the Arabian Sea off the Mumbai coast were in 1994 awarded a consortium of US energy giant Enron and Reliance.