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Petrol
Crude Oil
Nigeria Retains Top Spot as Africa’s Biggest Oil Producer
The Organisation of the Petroleum Exporting Countries (OPEC) has disclosed that Nigeria retained its position as the largest oil producer in Africa.OPEC, in its…
Wind Power Project
TotalEnergies to Develop 300MW in Oman
[Image: TotalEnergies]TotalEnergies, together with its partner OQ Alternative Energy (OQAE), has signed landmark agreements to develop 300MW of renewable energy…
Natural Gas
ExxonMobil to Drill Offshore in Egypt’s Western Mediterranean
ExxonMobil will begin drilling a new offshore gas exploration well in the North Marakia Offshore Concession, Western Mediterranean this month.During a meeting i…
Crude Oil
OPEC Says Russia Made Small Cut to Oil Output in November
Russia's crude oil output in November edged down by 7,000 barrels per day (bpd) to about 8.99 million bpd, the Organization of the Petroleum Exporting Count…
Crude Oil
OPEC Daily Crude Output up 0.5% in Nov.
Crude oil production from the Organization of Petroleum Exporting Countries (OPEC) increased by 0.5%, or by 104,000 barrels per day (bpd), in November to averag…
Natural Gas
OGDCL-Led Consortium Wins Bid for 49% Stake in Miran Block
Oil and Gas Development Company Limited (OGDCL), along with its consortium partners Pakistan Petroleum Limited (PPL) and Government Holdings (Private) Limited (…
LNG
Pakistan Opts for Azerbaijani LNG Over Deferred Qatari Shipments
Pakistan LNG Ltd (PLL) held an emergency board meeting on Sunday to review the gas demand and supply situation and will meet again on Monday to finalize the off…
Crude Oil
Crude Oil Recovered After Train Collision in Sancti Spíritus
Cuba-Petroleum Union (CUPET) announced this Sunday that its teams are working intensively to recover the oil spilled following the train accident that occurred …
Wind Power Project
CVC DIF Sells Uruguayan Wind Farm Projects to Pluspetrol
CVC DIF, the infrastructure strategy of global private markets manager CVC, has announced the sale of its Cerro Grande and Peralta wind farm projects in Uruguay…
Oil & Gas Trade
Invictus Energy To Execute Petroleum Production Sharing Agreement In Zimbabwe
Invictus Energy has announced the completion of an independent review of a PPSA in Zimbabwe by European legal counsel.This review, facilitated by the Africa Leg…
Crude Oil
Velesto, Petronas, NOV Partner to Automate Drilling Operations
Velesto Energy Bhd. (Velesto) has signed a Memorandum of Understanding (MOU) with Petroliam Nasional Bhd. (Petronas) and National Oilwell Varco L.P. (NOV) to im…
Natural Gas
Nigerians Are Switching Cars to Compressed Natural Gas After Petrol Prices Surge
Long queues of cars are a common sight at petrol stations across Nigeria, but for some drivers turning to compressed natural gas, pumps are becoming a thing of …
Oil Price
Occidental CEO Warns US Is at Risk of Losing Energy Independence
Occidental Petroleum Corp. warned that US energy independence is at risk of slipping away if shale output plateaus and begins to decline.It’s going to sta…
Crude Oil
Petrobras Announces $3.4 Billion in Extraordinary Dividends
Petroleo Brasileiro SA announced 20 billion reais ($3.4 billion) in extraordinary dividends in a sign that Brazil’s state-controlled oil giant will contin…
Oil & Gas Trade
America's Oil, Natural Gas Producers Outline Priorities To Trump Transition Team
Today the Independent Petroleum Association of America (IPAA) presented its issue priorities to the Trump Transition team. IPAA members are the primary producer…
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