Petroleum

Oil & Gas Trade
Longboat and Japex Create New Player on Norwegian Oil & Gas Stage
Longboat Energy, an emerging full-cycle North Sea E&P company established by the former management team of Faroe Petroleum, and Japan Petroleum Exploration Co.,…
Oil Price
Nigeria, Other OPEC Nations Earn $873.6bn From Oil Export in 2022
Nigeria and other countries in the Organization of Petroleum Exporting Countries(OPEC), earned $873.6 billion from oil export in 2022.The OPEC’s petroleum expo…
Offshore Wind Power
BP, Total Win in $14 Billion German Offshore Wind Site Tender
FILE PHOTO-Vehicles drive past a BP (British Petroleum) petrol station in Liverpool, Britain, February 7, 2023. REUTERS/Phil Noble/file photoOil majors BP (BP.L…
Oil Exploration
PBF's Martinez, California, Refinery Reports Release of Coke Dust on Communities
PBF Energy's (PBF.N) 156,400 barrel-per-day capacity oil refinery in Martinez, California released petroleum coke dust, a byproduct of the refining process,…
Biofuel
EIA: Biofuels Displace Distillate Fuel Oil on the West Coast
Last year, U.S. West Coast distillate consumption, as measured by product supplied, was at its lowest since 2002 and is on track to fall further this year. The …
Oil & Gas Trade
BP Settles US Natgas Market Manipulation Case for $10.75 Million
Signage is seen outside a BP (British Petroleum) petrol station in Liverpool, Britain, February 7, 2023. REUTERS/Phil Noble/File Photo
LNG
India's HPCL Gets Bids to Lease Part of Chhara LNG Terminal
India's Hindustan Petroleum Corp Ltd (HPCL.NS) has received six or seven bids from industries to lease a part of its Chhara liquefied natural gas (LNG) impo…
Oil Price
Callon Petroleum Company Announces the Closing of Delaware Basin Acquisition and Eagle Ford Divestiture
HighlightsReduces Outstanding Debt by Approximately $300 MillionWill Commence Share Buyback Program in the Third QuarterCallon Petroleum Company (NYSE: CPE) ("C…
LNG Carrier
HD Korea Shipbuilding Wins 96.9 Bln-Won Order for 1 LNG Carrier
South Korean shipyard HD Korea Shipbuilding & Offshore Engineering Co. said Wednesday it has clinched a 96.9 billion-won (US$73.97 million) order to build one l…
Oil Price
Saudi Arabia, Russia Deepen Oil Cuts, Sending Prices Higher
The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, Septemb…
Oil & Gas Trade
Norway Approves $18.5BN Oil and Gas Projects on Norwegian Continental Shelf
According to the Norwegian Ministry of Petroleum and Energy, the greenlighted projects in the North Sea and the Norwegian Sea include new developments, further …
Natural Gas
Qatar Set to Strike Second Big Lng Supply Deal with China
FILE PHOTO: CNPC (China National Petroleum Corporation) logo and stock graph are seen through magnifier displayed in this illustration taken September 4, 2022. …
Biofuel
EIA: Biofuels Are Displacing Petroleum-Based Distillate Fuel Oil Consumption on the West Coast
Consumption of distillate fuel oil in the US West Coast, as measured by product supplied, decreased to its lowest level since 2002 last year and continues its d…
Oil Price
US to Add More Than Six Million Barrels of Oil to Reserves to Address Supply Disruptions
The Bryan Mound Strategic Petroleum Reserve facility at Freeport, Texas. The US Department of Energy says the reserve system has a 'long history of protecti…
Oil & Gas Trade
Oil Sales Plunge by 40PC in May Amid Economic Slowdown
KARACHI: The month of May witnessed a staggering 40 percent decline in oil sales compared to the same period last year, as the country grapples with an economic…

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Petroleum

Longboat and Japex Create New Player on Norwegian Oil & Gas Stage

Nigeria, Other OPEC Nations Earn $873.6bn From Oil Export in 2022

BP, Total Win in $14 Billion German Offshore Wind Site Tender

PBF's Martinez, California, Refinery Reports Release of Coke Dust on Communities

EIA: Biofuels Displace Distillate Fuel Oil on the West Coast

BP Settles US Natgas Market Manipulation Case for $10.75 Million

India's HPCL Gets Bids to Lease Part of Chhara LNG Terminal

Callon Petroleum Company Announces the Closing of Delaware Basin Acquisition and Eagle Ford Divestiture

HD Korea Shipbuilding Wins 96.9 Bln-Won Order for 1 LNG Carrier

Saudi Arabia, Russia Deepen Oil Cuts, Sending Prices Higher

Norway Approves $18.5BN Oil and Gas Projects on Norwegian Continental Shelf

Qatar Set to Strike Second Big Lng Supply Deal with China

EIA: Biofuels Are Displacing Petroleum-Based Distillate Fuel Oil Consumption on the West Coast

US to Add More Than Six Million Barrels of Oil to Reserves to Address Supply Disruptions

Oil Sales Plunge by 40PC in May Amid Economic Slowdown