Oil

Market Analysis

Iraqi Crude Exports up 5pc in August

Iraqi crude exports marketed by state-owned Somo increased by 5pc on the month to 3.05mn b/d in August.

Oil Refinery

Iraq on Track for Karbala Refinery Start-up Next Year

Iraq is testing power generation systems at its new 140,000 b/d Karbala refinery ahead of start-up next year.

Natural Gas

Amber Grid to Focus on Green Gas Infrastructure

Gas transmission system operator Amber Grid has announced its operational strategy up to 2030.

Natural Gas

Natural Gas, Reliable and Affordable Source of Energy in the Path to Sustainable Recovery

Having access to clean, reliable, and affordable energy sources is essential to improving the welfare of societies.

Energy Investment

Pakistan Invests $305 million to Explore for Oil in UAE’s Persian Gulf

The United Arab Emirates awarded an oil concession to companies from Pakistan for the first time.

Oil & Gas Trade

CNOOC Invites Foreign Firms to Bid for 19 Blocks of Offshore Oil and Gas

CNOOC had inked 228 contracts with 81 oil companies from 21 countries and regions by July, it said.

Oil Exploration

ADNOC Partners with Pakistani Companies for the First Time

As part of Abu Dhabi’s second competitive block bid round, ADNOC has signed a historic exploration concession agreement, awarding the exploration rights for Ab…

Crude Oil

ExxonMobil Baton Rouge Begins Restart Process

ExxonMobil's refining and petrochemical assets in Baton Rouge were undamaged by Hurricane Ida and have begun restart procedures today.

Energy Security

Syrian Oil Spill Spreads Into Mediterranean, May Reach Cyprus

Cypriot authorities are monitoring slick, as latest satellite imagery shows fuel oil leak from Baniyas power plant larger than anticipated

Crude Oil

OPEC+ Likely to Keep Oil Output Policy from September Unchanged, Sources Say

OPEC+ is likely to keep its oil output policy unchanged when the group meets on Wednesday and continue with its planned modest production increase.

Crude Oil

Pemex Restores Oil Output Suspended Due to Platform Fire

Its has resumed 421,000 barrels per day in oil production and brought back online 125 wells following a deadly fire at an offshore platform on Aug. 22.

Hydrogen Project

Australian Energy Retailer, Japanese Oil Refiner Team up on Green Hydrogen

Origin Energy, Australia’s biggest energy retailer, has agreed to team with Japan’s largest oil refiner, Eneos, to explore the potential for a commercial-scal…

Natural Gas

Russian Oil Giant Rosneft Seeks Approval To Export Natural Gas

State-controlled Rosneft, the largest oil producer in Russia, has asked Russian President Vladimir Putin to be allowed to export natural gas with giant Gazprom …

CCS

China's CNOOC Launches First Offshore Carbon Capture Project

As one of the auxiliary facilities at Enping 15-1 oilfield in the Pearl River Mouth basin of the South China Sea, about 190 km southeast of Hong Kong, the CCS p…

Natural Gas

Shell Unit Commits to Renewable-Powered Timi Gas Project Offshore Malaysia

The offshore wellhead project, developed with its partners Petronas Carigali and Brunei Energy Exploration, could see peak production of up to 50,000 barrels of…