Petrol

Electric Vehicle Charging

Intellihub Completes Installation of 50 EV Chargers on Power Poles

Lake Macquarie Mayor Kaye Fraser, EVSE founder Brendan Wheeler and Shortland MP Pat Conroy charge up at the Redhead Beach charger.State-run Hindustan Petroleum …

Oil Refinery

HPCL Plans to Raise Vizag Oil Refinery Capacity by 20% to Meet Fuel Demand

State-run Hindustan Petroleum (HPCL) plans to increase the capacity of its Vizag oil refinery in southern India by as much as 20 per cent to meet growing local …

Natural Gas

NNPC/First E&P Records 96% Reduction in Gas Flaring

The Nigerian National Petroleum Company Limited (NNPC Ltd) and First Exploration & Petroleum Development Company Limited (First E&P) Joint Venture (JV) has succ…

Natural Gas

Nigerian Offshore Fields Reach New Decarbonization Heights With 96% Cut in Routine Gas Flaring

Madu Conductor Supported Platform CSPThe Nigerian National Petroleum Company (NNPC) has tucked a new milestone in the reduction of routine flaring of associated…

Natural Gas

Sarawak Gas Deal Has Limited Impact on Petronas Earnings, Analyst Says

The logo of Malaysian energy group National Petroleum Limited, commonly known as PETRONAS, is displayed at their booth during the LNG 2023 energy trade show in …

Oil Shale

Ecopetrol Pressured to Sell U.S. Shale Venture by Colombia’s Leader

Ecopetrol SA shares plunged after Colombian President Gustavo Petro called on the oil producer to sell its operations in the U.S., citing his government’s…

Oil Price

Oil Little Changed as Trump Policies Continue to Weigh on Prices

An oil pump of IPC Petroleum France is seen during sunset outside Soudron, near Reims, France, February 6, 2023.Oil prices edged up in Asian trading on Thursday…

Renewable Diesel

Marathon Petroleum Reports Profitable Q4 for Renewable Diesel Segment

Marathon Petroleum Corp. released fourth quarter financial results on Feb. 4, reporting a profitable three-month period for its newly formed renewable diesel se…

Methane

IPAA Supports Congressional Action to Overturn Methane Tax Enacted by Biden

The Independent Petroleum Association of America (IPAA) has issued a statement on bicameral Congressional Review Act legislation introduced by Senator John Hoev…

Crude Oil

OPEC Monthly Output Down Following Fire at Iraqi Oil Field

OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.OPEC’s oil production edged lower l…

LNG

Watch: Nigeria’s Gas ‘Revolution’ Pressing Forward With Inauguration of 5 Mini LNG Plants

Groundbreaking ceremonyThe Nigerian National Petroleum Corporation (NNPC) and its partners have held a groundbreaking ceremony for five mini-liquefied natural g…

Crude Oil

Ecopetrol, OXY to Drill 34 Wells in Permian Under Development Plan Extension

Ecopetrol S.A. announced that its U.S. subsidiary, Ecopetrol Permian, has reached an agreement with Occidental Petroleum (OXY) to extend its development plan of…

OPEC

OPEC+ Sticks to Oil Output Plan After Trump’s Price Demand

An OPEC+ panel on Monday reaffirmed the oil cartel’s plan to gradually hike output starting from April, after US President Donald Trump called for lower p…

Floating Solar

Floating Solar Could Reach Lcoe of $0.053/Kwh in Saudi Arabia

The King Fahad Dam is a gravity dam in southwestern Saudi Arabia.Scientists from King Fahd University of Petroleum and Minerals (KFUPM) in Saudi Arabia have con…

Crude Oil

Another Oil & Gas Discovery of ‘Great Importance’ Springs up Offshore Kuwait

Kuwait Petroleum CompanyKuwait’s state-owned E&P company Kuwait Petroleum Corporation (KPC) has confirmed a large hydrocarbon discovery at an offshore fie…