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Petroleum
Oil Price
Oil Prices Tick Up With Inventory Draws Across The Board
The American Petroleum Institute (API) reported on Tuesday a major draw in crude oil inventories of 5.147 million barrels for the week ending November 6.
Oil Price
Oil Prices Jump On Large Crude Inventory Draw
The Energy Information Administration reported a day after the American Petroleum Institute estimated an 8-million-barrel draw that pushed oil prices higher.
LNG
China's CNOOC and Sinopec Issue First LNG Tenders on Shanghai Gas Exchange
China National Offshore Oil Corp and Sinopec Corp issued the first tenders to buy liquefied natural gas on the Shanghai Petroleum and Natural Gas Exchange when …
Crude Oil
US Imposes New Sanctions on Iran’s Ministry of Petroleum
The United States has expanded sanctions against Iran, targeting the country's ministry of petroleum along with 10 other entities
Malaysia
Malaysia: Five Petroleum Official Launch
Five Petroleum Malaysia made its debut earlier this year, and has now made official launch of its Ultimaxx range of fuels and integrated!
International Petroleum Week
"International Oil and Gas Conference"International Petroleum Week is an international platform for all oil and gas industries to gather. The event involves pro…
Oil&Gas Drilling
Hibiscus Petroleum Buys into 3D Oil License off Australia
Malaysia’s Hibiscus Petroleum has completed its 50 per cent acquisition of interest in the exploration permit VIC/P74 offshore Australia from 3D Oil.
Smart Grid
Hellenic Petroleum Finishes Takeover of Juwi’s 204 MW Solar Power Project
Oil company Hellenic Petroleum has completed the takeover of one of the largest solar photovoltaic projects in Europe from German developer juwi Holding.
Crude Oil
Egypt Inaugurates Refinery Project in Mostorod
Petroleum Minister Tarek al-Molla stressed the importance of developing Egypt’s infrastructure of Egypt in oil refining and processing, and the vital role this…
China International Petroleum & Petrochemical Technology & Equipment Exhibition
"The World’s Leading Event for Oil & Gas Industry"
Nigeria International Petroleum Summit
Nigeria International Petroleum Summit will focus on technology, knowledge, sustainable and partnership that can enhance the inflow of foreign investments while…
Nigeria
Nigeria Considers Privatizing Its State Oil Firm
Nigeria will look to privatize its state oil firm Nigerian National Petroleum Corporation (NNPC) under a draft new petroleum law currently in Parliament for dis…
Oil & Gas Trade
BPCL Pays for Defaulting Videocon in Brazil Oil Block
State-owned Bharat Petroleum Corp Ltd has been forced to pay for its defaulting partner Videocon Industries Ltd after it had relied on a rarely used model to ac…
Oil & Gas Trade
Nigeria's Oil Sales Revenue Plummeted 75% in July
Data from the Nigerian National Petroleum Corporation showed that Nigeria’s oil sales revenue in July was 55.29 million US dollars, a decrease of 75% from the …
Tanzania
Tanzania’s Petroleum Products Market Sees Sizeable Annual Expansion
The liquefied petroleum gas market registered double-digit growth last year as companies and the sector's regulator foster public awareness campaigns on the ben…
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