Oil exploration

Oil Exploration
FG Eyes 2.5 Million Barrels Daily Oil Production
Brent, the global benchmark for crude oil, witnessed a rise in price in the past three days, crossing $84/barrel on Friday, after trading for an average of $80/…
LNG
United States Primed to Spearhead Africa's Liquefied Natural Gas (LNG), Floating Liquefied Natural Gas (FlNG) Expansion
As Africa looks to develop its gas for domestic and export markets, the U.S. is honing in on LNG as a critical investment avenue, alongside traditional oil expl…
Oil&Gas Drilling
India Defers $602 Million Plan to Fill Parts of Strategic Petroleum Reserve
India has deferred a 50-billion-rupee ($601.78 million) plan to fill parts of its strategic petroleum reserve, keeping in mind emerging trends in oil markets, t…
Crude Oil
Totalenergies Restarts Port Arthur, Texas, Crude Units -Sources
TotalEnergies (TTEF.PA) on Friday restarted the large crude distillation unit (CDU) and large vacuum distillation unit (VDU) at its 238,000 barrel-per-day (bpd)…
Oil&Gas Drilling
CNOOC Limited Announces MERO2 Project Commences Production
CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces that Mero2 Project has commenced production safely.Mero,…
Oil Exploration
Nigeria Aims to Raise Oil, Condensates Output to 2.6 Mln Bpd by 2026
Nigeria's upstream oil regulator on Monday announced an annual oil and condensates production target of 2.6 million barrels per day (bpd) by 2026, an ambiti…
Oil Pipeline
Williams to Buy Natural Gas Storage Assets for $1.95 Bln
Pipeline operator Williams (WMB.N) said on Wednesday it would buy a portfolio of natural gas storage assets from an affiliate of Hartree Partners LP for $1.95 b…
Oil&Gas Drilling
Uganda Extends Oil Exploration Licence for Nigeria's Oranto by Two Years
Uganda's oil ministry said it has granted Nigerian firm Oranto Petroleum Limited a two-year renewal of an oil exploration licence for two blocks located in …
Oil Exploration
Türkiye's Oil Production in Eastern Region Breaks Record With 30,000 Barrels per Day
ANKARATürkiye's daily oil production in the Gabar region of southeastern Sirnak province has reached 30,000 barrels, the country's state-owned oil …
Oil Exploration
Bangladesh Puts to Use China-Built Crude Oil Offloading Facility - Official
Bangladesh started in recent days a large crude oil receiving and offloading facility built by China that allows the south Asian oil importer to significantly r…
Oil Exploration
Kuwait's Al-Zour Refinery Put Into Full Production
Bringing online the third of the three mini refineries will gradually take the capacity to 615,000 bpd.Kuwait’s mega Al-Zour refinery is now fully operati…
Oil Exploration
US lays out plan at COP 28 to slash greenhouse gas methane from oil and gas
An oil pump jack is seen in the Loco Hills region, New Mexico, U.S., April 6, 2023. REUTERS/Liz Hampton/File Photo Acquire Licensing RightsThe Biden administrat…
Oil&Gas Drilling
Egypt Launches Gas and Oil Exploration Bidding Round
Egypt's petroleum ministry launched an international bidding round on Monday for exploration in 23 open blocks, with the offer deadline set for Feb. 25.The …
Oil Exploration
Production of Renewable Diesel Restarted at the Expanded Part of Neste's Singapore Refinery After Operational Shutdown
The production of renewable diesel at Neste’s Singapore refinery expansion has been restarted in early August, according to the company’s plans. The…
Oil Exploration
Saipem Lays Gas Pipeline for Greece's First Offshore LNG Terminal
Pipelaying activity for Gastrade’s Alexandroupolis LNG terminal, the first offshore LNG project in Greece, has been completed.Archive; Courtesy of Gastrad…

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Oil exploration

FG Eyes 2.5 Million Barrels Daily Oil Production

United States Primed to Spearhead Africa's Liquefied Natural Gas (LNG), Floating Liquefied Natural Gas (FlNG) Expansion

India Defers $602 Million Plan to Fill Parts of Strategic Petroleum Reserve

Totalenergies Restarts Port Arthur, Texas, Crude Units -Sources

CNOOC Limited Announces MERO2 Project Commences Production

Nigeria Aims to Raise Oil, Condensates Output to 2.6 Mln Bpd by 2026

Williams to Buy Natural Gas Storage Assets for $1.95 Bln

Uganda Extends Oil Exploration Licence for Nigeria's Oranto by Two Years

Türkiye's Oil Production in Eastern Region Breaks Record With 30,000 Barrels per Day

Bangladesh Puts to Use China-Built Crude Oil Offloading Facility - Official

Kuwait's Al-Zour Refinery Put Into Full Production

US lays out plan at COP 28 to slash greenhouse gas methane from oil and gas

Egypt Launches Gas and Oil Exploration Bidding Round

Production of Renewable Diesel Restarted at the Expanded Part of Neste's Singapore Refinery After Operational Shutdown

Saipem Lays Gas Pipeline for Greece's First Offshore LNG Terminal