Petroleum

Oil & Gas Trade
US Buys 4.65 Million Barrels for Emergency Oil Stockpile
The U.S. Department of Energy said on Monday it had finalized a contract to purchase 4.65 million barrels of crude oil for the Strategic Petroleum Reserve, for …
Oil & Gas Trade
Egypt Signs Investment Deals Worth $340 Million to Boost Oil and Gas Production
A $120 million agreement with Cheiron Energy was also signed to increase oil production in the Gulf of Suez.Egypt's Ministry of Petroleum and Mineral Resour…
Oil & Gas Trade
Australia’s Woodside Energy to Buy US LNG Developer Tellurian for $1.2 Billion
A plant decorates the booth of Australian petroleum exploration and production company Woodside Energy during the LNG 2023 energy trade show in Vancouver, Briti…
Oil & Gas Supply
Nigeria’s Dangote Says Refinery Will Hit 550,000-Bpd Output This Year
A view of the newly-commissioned Dangote petroleum refinery is pictured in Ibeju-Lekki, Lagos, Nigeria May 22, 2023. REUTERS/Temilade Adelaja/File Photo Purchas…
Oil & Gas Trade
Australia’s Woodside Energy to Buy US LNG Developer Tellurian for $1.2 Billion
A plant decorates the booth of Australian petroleum exploration and production company Woodside Energy during the LNG 2023 energy trade show in Vancouver, Briti…
Oil & Gas Trade
India Raises Windfall Tax on Petroleum Crude
File photo: Storage tanks of an oil refinery of Essar Oil, which runs India's second biggest private sector refinery, are pictured in Vadinar in the western…
Oil & Gas Trade
Indian State Refiners in Talks for Long-Term Oil Import Deal with Russia, Govt Source Says
A worker rides a bicycle at the Bharat Petroleum Corporation Ltd. refinery in Mumbai April 24, 2008. REUTERS/Punit Paranjpe/File Photo Purchase Licensing RightI…
Oil Field
Kuwait Announces ‘Giant’ Oil Discovery
Kuwait Petroleum Corporation (KPC) said on Sunday it had made a "giant" oil discovery in the Al-Nokhatha field east of the Kuwaiti island of Failaka, with oil r…
Offshore Wind Power
China's CNPC, Samruk-Kazyna to Build Wind Power Plant in Kazakhstan
China National Petroleum Corporation (CNPC) and Kazakh state welfare fund Samruk-Kazyna inked a deal for the joint development of a 400 megawatt wind farm in CN…
Oil & Gas Trade
Petroleum Firms Announce $5 Billion Investment in Pakistan
A delegation of domestic and foreign petroleum and gas exploration and production companies met with Prime Minister Shehbaz Sharif in Islamabad, leading to them…
Gas Pipeline
OB3 Gas Pipeline Project to Facilitate 2.2b Gas
In yet another major step towards boosting nationwide gas supply to drive industrialisation and economic growth, the Nigerian National Petroleum Company Limited…
LNG
Totalenergies, NNPC to Invest $550 Mln in Nigeria Gas Facility, Source Says
The Nigeria National Petroleum Corporation (NNPC) headquarters are seen in Abuja, Nigeria December 5, 2017. REUTERS/Afolabi Sotunde/File Photo Purchase Licensin…
Oil&Gas Drilling
SUBSEA7 Awarded a Contract for the Bittern Field in the UK North Sea
Subsea7 S.A. has announced the award of a sizeable contract by Dana Petroleum (E&P) Limited, for the Bittern field development, located approximately 190 km eas…
Oil & Gas Trade
US Ready to Reopen Oil Stockpile if Petrol Prices Surge Again, FT Reports
Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery in Carson, California, U.S., March 11, 2022. Picture taken with a drone. REUTERS/Bing Gu…
Oil&Gas Drilling
Woodside Starts Production in Senegal's First Offshore Oil Development
The first phase of development involves production of up to 100,000 bpd.Woodside Energy Group Ltd. said Tuesday it has achieved maiden production in the Sangoma…

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Petroleum

US Buys 4.65 Million Barrels for Emergency Oil Stockpile

Egypt Signs Investment Deals Worth $340 Million to Boost Oil and Gas Production

Australia’s Woodside Energy to Buy US LNG Developer Tellurian for $1.2 Billion

Nigeria’s Dangote Says Refinery Will Hit 550,000-Bpd Output This Year

Australia’s Woodside Energy to Buy US LNG Developer Tellurian for $1.2 Billion

India Raises Windfall Tax on Petroleum Crude

Indian State Refiners in Talks for Long-Term Oil Import Deal with Russia, Govt Source Says

Kuwait Announces ‘Giant’ Oil Discovery

China's CNPC, Samruk-Kazyna to Build Wind Power Plant in Kazakhstan

Petroleum Firms Announce $5 Billion Investment in Pakistan

OB3 Gas Pipeline Project to Facilitate 2.2b Gas

Totalenergies, NNPC to Invest $550 Mln in Nigeria Gas Facility, Source Says

SUBSEA7 Awarded a Contract for the Bittern Field in the UK North Sea

US Ready to Reopen Oil Stockpile if Petrol Prices Surge Again, FT Reports

Woodside Starts Production in Senegal's First Offshore Oil Development