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Petroleum
Oil & Gas Trade
India to Become Main Driver of Incremental Oil Use by 2030: Kemp
India's petroleum consumption climbed to a new record last year and the country is on course to overtake China as the primary driver of incremental oil consumpt…
Natural Gas
Woodside Energy Signals Higher Production;Santosmerger Talks Still at Early Stage
A plant decorates the booth of Australian petroleum exploration and production company Woodside Energy during the LNG 2023 energy trade show in Vancouver, Briti…
Energy&Power
The 24rd China International Petroleum & Petrochemical Technology and Equipment Exhibition
cippe Beijing (http://www.cippe.com.cn/en/) has been held successfully for 23 years. In 2024, it is expected to welcome 1,800+ exhibitors, 18 international pavi…
Oil&Gas Drilling
India Defers $602 Million Plan to Fill Parts of Strategic Petroleum Reserve
India has deferred a 50-billion-rupee ($601.78 million) plan to fill parts of its strategic petroleum reserve, keeping in mind emerging trends in oil markets, t…
LNG
Samsung Heavy Industries Bags $235 Million Gas Carrier Deal
South Korean shipbuilder Samsung Heavy Industries (SHI) has won a construction contract for two liquified petroleum gas (LPG)/ammonia carriers.Illustration/Cour…
Oil & Gas Trade
US Buys 3.2 Million Barrels of Oil for Strategic Petroleum Reserve
An oil storage tank and crude oil pipeline equipment is seen during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.…
Oil&Gas Drilling
Sinopec Says More Deep Tight-Gas Reserve Certified in Sichuan Basin
The logo of China Petroleum & Chemical Corporation, or Sinopec, is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July …
Oil & Gas Trade
Maha Energy Proposes Carve-Out of Brazil's 3R Onshore Assets, Tie-up With Petroreconcavo
Sweden's Maha Energy (MAHAa.ST), opens new tab on Wednesday said it had acquired 5% of Brazilian oil firm 3R Petroleum (RRRP3.SA), opens new tab and propose…
Natural Gas
Mari Petroleum Announces Gas Discovery at Shewa 02 Well Located in Waziristan Block
Mari Petroleum Company Limited (MPCL) as the operator of Waziristan Block is pleased to announce a gas discovery resulting from its exploratory effort…
Carbon Emissions
US Energy-Related CO2 Emissions to Be Unchanged in 2024 - EIA
U.S. energy-related carbon dioxide (CO2) emissions are expected to remain unchanged in 2024, as increased natural gas and petroleum emissions offset decreased c…
OPEC
OPEC’s December Crude Production Averages 28.05mbpd
The Organisation of Petroleum Exporting Countries (OPEC) pumped an average of 28.05 million barrels a day, MMbpd in December as it persevered with supply restra…
Oil Field
India Inks Contracts for 13 Hydrocarbon Blocks
India signed contracts for 13 hydrocarbon blocks opened for bidding in the last two years.India’s Petroleum and Natural Gas Ministry has signed contracts …
Crude Oil
Exclusive: India Set to Halve Oil Refiners' FY24 Energy Transition Equity Support
A man paints the logo of oil refiner Bharat Petroleum Corp (BPCL) on a wall on the outskirts of Kochi, India, November 21, 2019. REUTERS/Sivaram V/File Photo Ac…
Oil & Gas Trade
Biden Administration Slowly Puts Oil Back Into the Spr Emergency Stash
An oil storage tank and crude oil pipeline equipment is seen during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.…
Oil & Gas Supply
US Seeks 3 Mln Barrels of Crude for Strategic Reserve - Energy Dept
The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020. REUTERS/Adre…
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