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Oil
Crude Oil
SOCAR Announces Expected Volume of Euro-5 Gasoline Output in Azerbaijan in 2025
This year, the Heydar Aliyev Oil Refinery is projected to produce 1.7 million tons of Euro-5 standard gasoline, according to the State Oil Company of Azerbaijan…
Gas Pipeline
Welspun Corp Bags New Orders Worth Rs 3,000 Crore for Natural Gas Pipeline Projects in US
Welspun Corp has received orders in the US worth Rs 3000 crore.Welspun Corp on Monday announced that it has received orders in the US worth Rs 3000 crore for na…
Oil & Gas Trade
Chevron Cranks up Venezuelan Oil Exports Amid Trump-Maduro Reset
Chevron Corp. plans to ratchet up oil exports from Venezuela to a seven-year high as a reset of the country’s relationship with the US eases concerns that…
Oil & Gas Trade
Chevron Cranks up Venezuelan Oil Exports Amid Trump-Maduro Reset
Chevron Corp. plans to ratchet up oil exports from Venezuela to a seven-year high as a reset of the country’s relationship with the US eases concerns that…
Oil Refinery
OPEC Forsees Lower Dangote Refinery Petrol Price
The Organisation of the Petroleum Exporting Countries has expressed optimism that the Dangote Petroleum Refinery can lower petrol prices in Nigeria.This is even…
Oil Field
CNOOC Limited Announces Buzios7 Project Commences Production
CNOOC Limited announces that Buzios7 Project has commenced production safely.Buzios oilfield is located in the Santos Basin, southeast offshore of Brazil, with …
Oil&Gas Drilling
OPEC Reports Decline in Kazakhstan’s Oil Output for Jan. 2025
Kazakhstan’s crude oil production in January 2025 was estimated at 1.53 million barrels per day (mb/d), according to OPEC’s latest report, Trend rep…
Crude Oil
Nigerian Oil Firm Secures $200 Million for Domestic Gas Expansion
A Nigerian oil and gas company, NESGAS Limited, yesterday, said the signing of a $200 million contractor financing agreement with Cakasa Nigeria Limited for the…
Oil & Gas Trade
ADNOC Gas Signs 14-Year LNG Agreement With Indianoil for up to $9 Billion
ADNOC Gas has signed a 14-year sales and purchase agreement (SPA) with Indian Oil Corporation for the export of up to 1.2 million tonnes per annum (mtpa) of liq…
Oil & Gas Trade
Trafigura Buying Oil From Brazilian Player’s Santos Basin Field
Brazil’s oil and gas company Brava Energia has signed a contract with global commodity trading group Trafigura for the sale of oil produced at the former&…
LNG
Evergreen Splashes Out $3 Billion on New LNG Dual-Fuel Containerships
Evergreen's Ever Acme.According to the company’s stock exchange files from February 12, eleven vessels with a capacity of 24,000 TEUs were ordered.Fiv…
Natural Gas
Colombian Energy Chief Criticizes Gas Companies for Price Hikes
Andres Camacho speaks during a press conference in Bogotá on May 24, 2024.Colombia’s top energy official is blaming natural gas distributors for th…
Crude Oil
Elliott Pushes Big Cost Cuts at BP to Preserve Its Independence
Storage tanks at the Port of Rotterdam in Rotterdam, Netherlands.Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to str…
Battery
Tata Power Unit and ONGC Sign MoU for Battery Energy Storage Systems
The MoU, signed at India Energy Week 2025, was formalised with TPREL CEO Deepesh Nanda and other dignitaries.Tata Power Renewable Energy – (TPREL), a subs…
Natural Gas
Germany Wants EU to Relax Gas Storage Targets
Model of natural gas pipeline and EU flag, July 18, 2022.Germany wants the European Union to make its gas storage targets less rigid because of worries over the…
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