Oil product

Oil & Gas Supply

Russia Plans to Cut Seaborne Oil Exports by 100,000-200,000 Bpd in Jan - Sources

The oil products tanker Nord and a bulk carrier sail near the crude oil terminal Kozmino in Nakhodka Bay near the port city of Nakhodka, Russia, December 4, 202…

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&Gas Drilling

BP Starts Drilling Oil Production Well at New Platform of Azeri-Chirag-Gunashli Project

Signage is seen outside a BP (British Petroleum) petrol station in Liverpool, Britain, February 7, 2023. REUTERS/Phil Noble/File Photo Acquire Licensing RightsB…

Oil & Gas Trade

OPEC+ Mulls New Oil Production Cuts of 1 Million Barrels a Day - WSJ

A view shows a pressure gauge near oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. REUTERS/Alexander Manzyuk/File Photo Acq…

Oil&Gas Drilling

ONGC to Start Oil Production From $5BN Deep-Water Project This Month

State-controlled Oil and Natural Gas Corporation (ONGC) will kick off oil production from its much-delayed flagship deepsea project in Krishna Godavari basin in…

Crude Oil

China’s Crude Oil Production up 1.9 Pct in First Three Quarters

China's output of crude oil went up 1.9 percent year on year in the first three quarters of 2023, official data showed.The country produced 156.72 million t…

Oil & Gas Supply

Saudi Arabia, Other Arab States Reaffirm Commitment to Voluntary Oil Production Adjustments

The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, Septemb…

Oil Price

Column: US Oil and Gas Output Nears Peak

A general view of the Phillips 66 refinery, Rodeo, California, U.S. March 2, 2023. REUTERS/Nathan Frandino/File Photo Acquire Licensing RightsU.S. crude oil pro…

Oil & Gas Trade

Delta Community Threatens to Shut Down Oil Production

Nigeria’s oil industry may lose 20,000 barrels of petroleum crude per day as palpable tension grips the Otumara Flow Station operated by Shell Petroleum D…

Crude Oil

Iraq Takes First Step Towards Becoming the World's Biggest Oil Producer

Iraq’s parliamentary oil and gas committee plans to increase the country’s oil production to more than five million barrels per day.Theoretically, I…

Oil & Gas Trade

Investment of $75BN Needed to Reduce Oil and Gas Methane Emissions by 2030, IEA Says

Burning methane from oil production near Watford City, North Dakota. Fossil fuels made up nearly 82 per cent of the total global energy supply in 2022. APInvest…

Oil Pipeline

Thirty-Five Tonnes of Oil Spill Into Danube in Serbia.

The Romanian Waters National Administration (ANAR) has reported that 35 tonnes of oil has leaked into the Danube from a ship under the Bulgarian flag, told Ager…

Crude Oil

UNSC: Russia Resumed Refined Oil Exports to N. Korea in December

Photo : YONHAP NewsRussia officially resumed oil product exports to North Korea in December of last year after a hiatus of over two years.According to the UN Se…

Crude Oil

Saudi Arabia to Cut Oil Output by 1 Million Barrels per Day to Boost Slumping Prices

　　The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC's headquarters in Vienna, Austria, on March 3, 2022. (…

Oil & Gas Trade

Iraq, Russia Commit to OPEC+ Oil Production Cuts

A worker at Iraq’s Majnoon oilfield near the southern Iraqi city of Basra. Photo: ReutersBaghdad (IraqiNews.com) – The Iraqi Minister of Oil, Hayan …