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Oil field
Oil Field
Pertamina and Partners to Invest $800M in Algerian Oil Field
The Menzel Lejmat Nord oil field in Algeria has a production capacity of 35,000 barrels of crude per day. (Photo courtesy of Pertamina)JAKARTA -- Indonesian sta…
Oil Price
US to Add More Than Six Million Barrels of Oil to Reserves to Address Supply Disruptions
The Bryan Mound Strategic Petroleum Reserve facility at Freeport, Texas. The US Department of Energy says the reserve system has a 'long history of protecti…
Oil Field
Canada’s Irving Oil Starts Strategic Review That Includes Possible Sale
Irving Oil, owner of Canada's largest refinery, is launching a strategic review that includes the option of a full or partial sale, the privately-held compa…
Crude Oil
Matahio Energy completes acquisition of onshore assets in New Zealand
TARANAKI, New Zealand, June 6, 2023 - (ACN Newswire) - Matahio Energy has completed the acquisition of a portfolio of six onshore oil and gas licenses in the Ta…
Oil & Gas Trade
Pakistan Exports Record 90,000 Tons of Fuel Oil in May
KARACHI: Pakistan shipped 90,000 tons of fuel oil in May 2023 to reduce a huge stock built up over the last several months amid low demand in the country, indus…
Oil Field
CNOOC Limited Announces China’s First Offshore CCS Demonstration Project Commissioned
HONG KONG, May 31, 2023 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, SSE: 600938) today announces the official commissioning of China's first …
Oil&Gas Drilling
Dorset: Oilfield Expansion Expected at Waddock Cross Near Affpuddle
A SMALL oil site at Waddock Cross, near Affpuddle, could continue in operation for another decade, with a possible future expansion.World oil prices has meant t…
Oil Field
Aramco to Develop 400 MCF per Day Iraqi Gas Field
Saudi oil giant Aramco will develop a gas field in Iraq that could produce more than 400 million cubic feet of gas per day, Iraqi Oil Minister Hayan Abdel-Ghani…
Oil Field
ADNOC and TAQA Secure $2.4 Billion Investment for Massive Water Project
The project entails the development of a state-of-the-art seawater treatment facility and a transportation network that will serve the Bab and Bu Hasa fields in…
Crude Oil
Saudi Oil Minister Warns Market Speculators to ‘Watch Out’ Ahead of OPEC+ Meeting
Saudi Oil Minister Prince Abdulaziz bin Salman on Tuesday told market speculators to watch out, reiterating his warning that they could face pain ahead.Speculat…
Oil Field
NIOC Commences Farzad B Gas Field Development Operations
Sour gas from the Farzad B Gas Field will be transferred to Kangan Petro Refining Company in Bushehr Province to be processed and piped to refineries in the Sou…
Crude Oil
Expert Commentary the Role of Natural Gas in Powering Africa’s Future
Abubakar AbbasSenior Energy Forecast AnalystGas Exporting Countries Forum (GECF)Alexander ErmakovEnergy EconometricianGas Exporting Countries Forum (GECF)1 - In…
Crude Oil
Iran, Russia Sign 10 Oil Cooperation Deals
Iran and Russia on Wednesday signed 10 documents for cooperation in the oil industry in the Iranian capital Tehran, according to Shana News Agency affiliated to…
Oil&Gas Drilling
Trio Petroleum Confirms “Major” Oil, Gas Accumulation in California Well
(WO) – Trio Petroleum Corp. announced that its HV-1 well has confirmed a major accumulation of oil and gas in the Presidents field in its South Salinas pr…
Oil&Gas Drilling
Totalenergies Picks Shearwater for Surveys Offshore UK
French major TotalEnergies has awarded Norway’s Shearwater GeoServices with a contract to carry out surveys over its gas fields located west of Shetland, …
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