Oil company

Hydrogen Project

Khaled bin Mohamed bin Zayed Launches Global Green Energy Venture to Position UAE at Forefront of Energy Transition

H.H. Sheikh Khalid bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council, Chairman of the Abu Dhabi Executive Office, and Chairman of the E…

Oil Shale

Petrobras Sells Shale Oil Unit to Canadian Bank

Brazil's state-run oil company Petrobras signed a contract to sell its Shale Industrialization Unit for $33 million to Forbes & Manhattan Resources

Solar Power Plant

Colombia’s Largest PV Plant Comes Online

The 61 MW solar facility is owned by Colombian oil company Ecopetrol.

Oil Field

Iran Needs $11 Billion To Develop Oil Fields Along The Iraqi Border

Iran needs some $11 billion in investments to develop oil fields along its border with Iraq, Bloomberg has reported, citing the new head of the National Iranian…

Hydrogen Technology

Rosneft, ExxonMobil to Explore Low Carbon Technologies such as Hydrogen

Russian oil company Rosneft has teamed up with ExxonMobil to explore low-carbon technologies such as hydrogen as a means to reduce its greenhouse gas emissions.

UAE-UK Ink New Energy Partnership

Abu Dhabi National Oil Company, bp and Masdar announced the signing of strategic framework agreements to expand upon the UAE and UK’s longstanding track record…

Libya

Libyan Firm Stops Oil Production On Lack Of Funds

The Arabian Gulf Oil Company, a subsidiary of Libya’s National Oil Corporation (NOC), has suspended oil production for lack of money

Oil Field

ONGC's 2nd Oil Rig to be Operational at Kalol by Mid

The ONGC, India's national oil company, five years ago decided to replace its aging fleet with 47 new rigs, including 27 for drilling and 20 for workover.

Oil Field

Iraq Approves BP's Plans to Spin off Rumaila Oilfield

Iraq's Cabinet has approved plans submitted by BP to spin-off the development of the Rumaila oilfield, the country's largest, as the oil company exits the count…

Oil & Gas Supply

Oil Company Stops Supplying Lebanon with Petrol

Coral Oil Company, operating in Lebanon since 1926, said the "unprecedented" halt to its operations comes as its current stocks run dry

Oil Field

Eni Cheers New Oil Find Offshore Mexico

Italian oil company Eni has made an oil find in Upper Miocene sequences on the Sayulita Exploration Prospect in Block 10 in the mid-deep water of the Cuenca Sal…

Oil Refinery

No Official Explanation For Fire At Iran Oil And Gas Installation

The spokesman of Arvandan Oil and Gas Company, a major subsidiary of the National Iranian Oil Company operating in the oil-rich province of Khuzestan

United States

Texas Oil Cos in $370MM Merger Deal

Penn Virginia Corporation has revealed that it has entered into a definitive merger agreement with Lonestar Resources US Inc. to acquire the company in an all-s…

Hydrogen Project

UAE’s ADNOC to Explore Hydrogen and Blue Ammonia with Japanese Groups

Abu Dhabi National Oil Company is set to explore the commercial opportunities for hydrogen and blue ammonia in collaboration with Japanese companies Inpex, Jera…

Mexico

Mexican Oil Giant Says No Environmental Damage from Raging Gulf Fire

Just days after video of a massive ocean surface blaze near a Pemex oil platform in the Gulf of Mexico went viral, Mexico's national oil company has declared th…