Petrol

Oil&Gas Drilling
14% Increase in Offshore Drilling in North America Makes Usa’s Petroleum Liquid Feedstock Market Highly Important for the Economy
FMI anticipates that the global petroleum liquid feedstock market valuation could reach US$ 313 billion in 2023. As per the projection of the analysts, the mark…
Crude Oil
Biden Administration Plans to Sell 26 Million Barrels of Crude
The Biden administration plans to sell more crude oil from the Strategic Petroleum Reserve, fulfilling budget directives mandated years ago that it had sought t…
Oil & Gas Supply
OPEC Expects Tighter Oil Market With Lower Supply and Higher Demand
(Bloomberg) – OPEC expects a slightly tighter global oil market than previously forecast as the group nudged up its demand estimate and trimmed its supply…
Oil & Gas Trade
Dana Gas Reports 53% Rise in 2022 Adjusted Net Profit on Higher Oil Prices
The Khor Mor gas complex, operated by Crescent and Dana Gas, in the Kurdistan Region of Iraq. Photo: Crescent PetroleumDana Gas, one of the largest private natu…
Oil Pipeline
Ajaokuta-Kaduna-Kano (AKK) gas pipeline in Nigeria
Developed by the Nigerian National Petroleum Corporation (NNPC), the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project entails the construction of a 614km-long na…
Energy Taxation
Fuel Tax Exemptions Make No Sense – For the Climate or the Economy
Petrol and Diesel pumps at a service station in Sydney. (AAP Image/James Gourley)Revising the generous fuel tax credits given to businesses should be a priority…
Natural Gas
Russia’s Natural Gas Production Fell by More Than 13% In 2022
Russia’s natural gas production fell by more than 13% in 2022, according to preliminary data published by the Russian state statistics service Rosstat. As…
Oil & Gas Trade
U.S. Lawmakers Ask Kerry to Urge Uae to Replace Oil Boss as COP28 President
United Arab Emirates' Industry Minister Sultan Ahmed Al Jaber speaks during the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) in Abu …
Oil Exploration
All-Systems-Go for Equinor to Deploy Shelf Drilling Rig at North Sea Oil & Gas Field
Norwegian state-owned energy giant Equinor has received consent from the country’s offshore safety regulator to use one of Shelf Drilling’s jack-up …
Solar Power Plant
Total Eren and Ecopetrol to Build Solar Project in Colombia
Total Eren will hold a 51% stake in the project, while the remaining 49% stake will be owned by Ecopetrol.Colombian energy company Ecopetrol has partnered with …
Oil Price
Release of Us Oil Reserves Addresses ‘Underlying Crisis’ and Not Higher Prices, Envoy Says
US energy envoy Amos Hochstein says the country will continue to use its strategic reserves to help resolve crises. Antonie Robertson / The NationalThe US relea…
Africa Energy
Mele Kyari Says Nigeria Can Hit 2.2 MB/D Crude Oil Production in 2023
Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, has said that the country can achieve a 2.2 million bar…
OPEC
Again, Oil Production Falls Short of OPEC Quota by 0.57MBPD
Nigeria’s oil production in the month of December 2022 grew by 4.2 per cent month-on-month to 1.23 million barrels per day but remained significantly shor…
LNG
LP Gas Price Increases for the First Time in 2023
The federal government published the maximum prices for LP gas for the second week of 2023.The Energy Regulatory Commission (CRE) announced the prices applicabl…
Oil&Gas Drilling
China Signs 25-Year Contract With Taliban to Produce Oil in Afghanistan
(Bloomberg) --The Taliban-led administration in Afghanistan signed its first international contract on Jan. 5 to extract oil from the northern Amu Darya basin a…

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Petrol

14% Increase in Offshore Drilling in North America Makes Usa’s Petroleum Liquid Feedstock Market Highly Important for the Economy

Biden Administration Plans to Sell 26 Million Barrels of Crude

OPEC Expects Tighter Oil Market With Lower Supply and Higher Demand

Dana Gas Reports 53% Rise in 2022 Adjusted Net Profit on Higher Oil Prices

Ajaokuta-Kaduna-Kano (AKK) gas pipeline in Nigeria

Fuel Tax Exemptions Make No Sense – For the Climate or the Economy

Russia’s Natural Gas Production Fell by More Than 13% In 2022

U.S. Lawmakers Ask Kerry to Urge Uae to Replace Oil Boss as COP28 President

All-Systems-Go for Equinor to Deploy Shelf Drilling Rig at North Sea Oil & Gas Field

Total Eren and Ecopetrol to Build Solar Project in Colombia

Release of Us Oil Reserves Addresses ‘Underlying Crisis’ and Not Higher Prices, Envoy Says

Mele Kyari Says Nigeria Can Hit 2.2 MB/D Crude Oil Production in 2023

Again, Oil Production Falls Short of OPEC Quota by 0.57MBPD

LP Gas Price Increases for the First Time in 2023

China Signs 25-Year Contract With Taliban to Produce Oil in Afghanistan