Oil exploration

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…

Oil&Gas Drilling

Canada-Based Trillion Energy to Explore Oil in Southeastern Türkiye

Canada-based energy company Trillion Energy has announced that it has entered into a farm-in agreement with Derkim Poliüretan Sanayi to earn a 50 percent w…

Carbon Capture

Seven Companies Team Up on Carbon Capture and Storage Project in Japan

ITOCHU Corporation, Nippon Steel Corporation, Taiheiyo Cement Corporation, Mitsubishi Heavy Industries (MHI), ITOCHU Oil Exploration Co., INPEX Corporation, and…

Oil Exploration

Totalenergies' $27BN Bet on Iraq Boosts Ailing Oil Industry

Pouyanne at the signing ceremony for the dealTotalEnergies’ signing of a long-stalled $27 billion deal to develop several energy-related projects in Iraq …

Oil&Gas Drilling

Major Boost for Muzarabani Gas Project

Zimbabwe and Algeria yesterday signed a Memorandum Of Understanding (MoU) in hydrocarbons which is a shot in the arm for the country's natural gas and oil e…

Oil Exploration

PBF's Martinez, California, Refinery Reports Release of Coke Dust on Communities

PBF Energy's (PBF.N) 156,400 barrel-per-day capacity oil refinery in Martinez, California released petroleum coke dust, a byproduct of the refining process,…

Oil Exploration

Russia, Gulf Top Diplomats Say OPEC+ Efforts Stabilize Global Oil Market

Austrian police officers stand in front of the OPEC headquarters in Vienna, Austria, June 3, 2023. REUTERS/Leonhard Foeger/File PhotoTop diplomats from Russia a…

Oil Exploration

Italy's Eni Nears $5BN Deal for Neptune Energy

Italian energy group Eni (NYSE: E) is nearing a deal to acquire oil and gas explorer Neptune Energy Group for about $5 billion, according to people familiar wit…

Oil Exploration

Pennsylvania Expects $400 Million in Infrastructure Funds to Begin Plugging Thousands of Abandoned Oil Wells

One scientist studying toxic emissions from the wells called the amount “woefully inadequate” in a state where officials say there are probably 250,000 such a…