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Oil company
Iran
Iran Increases Oil Production by 250,000 B/D
Iran is increasing oil production by additional 250,000 b/d, ABC.AZ informs, quoting Iranian Oil Minister Mohsen Paknejad.At the end of November, Hamid Bovard, …
Crude Oil
Venezuela Sends Crude to India in New Deal
A high-seas oil tango is back on between Venezuela's state oil company PDVSA and India’s Reliance Industries, rekindling a swap arrangement paused by …
Crude Oil
Oando Raises Oil Production Output by 50%
Oando Plc says it has increased its crude oil production output by almost 50 per cent in three months.It said the achievement followed the acquisition of Nigeri…
Brazil
Petrobras initiates FPSO bid for Sergipe Deep Waters project in Brazil
Brazilian state-owned oil company Petrobras has commenced the procurement process for up to two FPSO units for the Sergipe Deep Waters (SEAP) project in the Ser…
Geothermal Heating Project
SOCAR Green Makes Key Deals for Geothermal Potential Evaluation in Azerbaijan
SOCAR Green, the green energy subsidiary of the State Oil Company of the Azerbaijan Republic (SOCAR), has signed two key deals along the sidelines of the COP29 …
Solar project
ADB to Provide $160 Million to Finance 760 MW of Solar in Azerbaijan
The Asian Development Bank (ADB) has agreed on a $160 million financing package for two solar projects in southeastern Azerbaijan, totaling 760 MW. Abu Dhabi-ba…
Wind Farm
Masdar, ACWA, and Socar Eye 3.5 GW of Wind Projects Offshore Azerbaijan
Abu Dhabi-based Masdar, Saudi Arabia’s ACWA Power, and the State Oil Company of the Republic of Azerbaijan (SOCAR) have teamed up to explore the developme…
Crude Oil
Exclusive: Oil Group Mol’s Refineries Shift to Non-Russian Crude Faces Delay
Fuel prices are seen on a board at a gas station of Hungarian oil company MOL Group in Esztergom, Hungary, January 21, 2023. REUTERS/Marton Monus/File Photo Pur…
Oil&Gas Drilling
Brazil’s Petrobras to Pump Natural Gas From Reopened Offshore Well
Brazil's state-run oil company Petrobras logo is pictured at its building in Rio de Janeiro, Brazil July 17, 2023. REUTERS/Ricardo Moraes/File Photo Purchas…
Oil & Gas Trade
Petrobras Wants a 40% Stake in Galp’s Mega Oil Block in Namibia, Director Says
Brazil?s state-run oil company Petrobras logo is pictured at its building in Rio de Janeiro, Brazil July 17, 2023. REUTERS/Ricardo Moraes/File Photo Purchase Li…
Oil & Gas Trade
Suriname’s Staatsolie Signs Energy Production Sharing Contracts With Petrochina
A 3D printed natural gas pipeline is placed in front of displayed PetroChina logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/F…
Nuclear Technology
Saipem and Newcleo Will Jointly Study Offshore Applications of Nuclear Technology
Saipem wants to clean up its offshore operations. Credit: Credit: Sad Agus/Shutterstock.com.Italian oil company Saipem and British nuclear company Newcleo will …
Oil&Gas Drilling
Ecuador’s Petroecuador Launches Bidding Process for Offshore Gas Field
A gasoline station of Ecuador's state oil company Petroecuador is pictured, in Quito, Ecuador June 21, 2024. REUTERS/Karen Toro/File Photo Purchase Licensin…
LNG
ADNOC to Supply Indian Oil With LNG for 15 Years
General view of Panorama Digital Command Centre at the ADNOC headquarters in Abu Dhabi, UAE December 10, 2019. Picture taken December 10, 2019. REUTERS/Satish K…
Oil&Gas Drilling
Vista Energy to Pump More Than $1 Billion Into Growing Argentina Shale
Miguel Galuccio, Vista oil company founder and chairman, reacts during a celebration marking Vista's fifth anniversary of its stock listing at the New York …
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