Oil

Crude Oil
India’s Crude Oil Imports From Russia Drop 55% in November, Lowest Since June 2022
India's import of Russian crude dropped to its lowest level since June 2022 in November this year, reported the news agency PTI on Sunday, December 15, citi…
Oil Exploration
Oil and Gas Exploration: Bidding Process for Miranshah Block Completed
An official handout said that KPOGCL had launched the bidding phase in June 2024 following the decision of the 51st meeting of the Council of Common Interest.Th…
Oil Refinery
China Nov Refinery Throughput Rises for First Time in Eight Months
China's refinery throughput in November recorded its first rise in eight months, official data showed on Monday, as Beijing's economic stimulus measures…
Crude Oil
Nigeria’s Crude Oil Output to Increase as Shettima Inaugurates $315M FPSO in Dubai
Nigeria’s crude oil production will rise by 30,000 barrels per day (bpd) as Vice President Kashim Shettima inaugurated Oriental Energy Resources Limited&r…
Natural Gas
SP Refineries Supply 585 MCM/D of Gas Into National Grid
Gholamabbas Hosseini, managing director of the South Pars Gas Complex, stated that total daily gas output from the complex’s 13 refineries currently stand…
Crude Oil
Venezuelan Oil Output Recedes as Washington Threatens New Sanctions
The Biden administration weighs withdrawing Chevron’s license while lobbyists urge Trump to leverage sanctions to US advantage.Venezuela’s crude pro…
Crude Oil
US Sanctions Disrupt Iranian Crude Flows to China, Vortexa Says
Iranian crude exports to China have been disrupted by broader US sanctions on tankers, according to Vortexa Ltd., squeezing oil flows to the OPEC producer&rsquo…
Oil Refinery
Dangote Refinery Extends Export to Three African Countries
The Dangote refinery has exported Premium Motor Spirit (petrol) to Cameroon, Angola, Ghana, and South Africa in the past few weeks.The Vice President of Oil and…
Geothermal Drilling
Drilling Starts for First Deep Geothermal Project in Vienna, Austria
Drilling has officially started for a three-well program to support a deep geothermal heating project in Vienna, Austria by OMV and Wien Energie.The Austrian in…
Natural Gas
Egypt’s Cabinet Approves Oil, Natural Gas Exploration Agreements in Key Concessions
The Cabinet has approved two draft petroleum commitment agreements involving the Egyptian Natural Gas Holding Company (EGAS), the Egyptian General Petroleum Cor…
Oil&Gas Drilling
New Oil Discovery Boosts Barents Sea Potential With 20 More Wells on the Drilling Horizon
Norwegian oil and gas player Vår Energi has discovered oil resources in an appraisal well near the Goliat field in the Barents Sea off the coast of Norway…
Natural Gas
Dana Gas Receives $20 Million in Payment From Egypt
Dana Gas, one of the largest private natural gas companies in the Middle East, received a $20 million payment from the Egyptian government, taking the total pay…
Crude Oil
Argentina to Eclipse Colombia as Oil Production Growth Continues
Crude oil production in the Vaca Muerta shale formation in Argentina is about to hit 1 million barrels per day this decade. The forecast came recently from Ryst…
Crude Oil
Nigeria Retains Top Spot as Africa’s Biggest Oil Producer
The Organisation of the Petroleum Exporting Countries (OPEC) has disclosed that Nigeria retained its position as the largest oil producer in Africa.OPEC, in its…
Natural Gas
Suncor Energy to Increase Oil and Gas Output by up to 5 Per Cent in 2025
Suncor Energy Inc. is aiming to increase its oil output next year by up to five per cent, as it continues to work to improve its performance and lower costs fro…

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Oil

India’s Crude Oil Imports From Russia Drop 55% in November, Lowest Since June 2022

Oil and Gas Exploration: Bidding Process for Miranshah Block Completed

China Nov Refinery Throughput Rises for First Time in Eight Months

Nigeria’s Crude Oil Output to Increase as Shettima Inaugurates $315M FPSO in Dubai

SP Refineries Supply 585 MCM/D of Gas Into National Grid

Venezuelan Oil Output Recedes as Washington Threatens New Sanctions

US Sanctions Disrupt Iranian Crude Flows to China, Vortexa Says

Dangote Refinery Extends Export to Three African Countries

Drilling Starts for First Deep Geothermal Project in Vienna, Austria

Egypt’s Cabinet Approves Oil, Natural Gas Exploration Agreements in Key Concessions

New Oil Discovery Boosts Barents Sea Potential With 20 More Wells on the Drilling Horizon

Dana Gas Receives $20 Million in Payment From Egypt

Argentina to Eclipse Colombia as Oil Production Growth Continues

Nigeria Retains Top Spot as Africa’s Biggest Oil Producer

Suncor Energy to Increase Oil and Gas Output by up to 5 Per Cent in 2025