Petroleum

Oil & Gas Trade

Video: Kenya Now Exporting Oil to Uganda Through World Class Kisumu Port

The Mv-Uhuru Wagon Ferry was refurbished after 13 years of inactivity and is now transporting petroleum products from the Kisumu Port to Uganda, having made 27 …

Sub Saharan African Internation Petroleum Conferences 2021

WHERE THE WHOLE OF AFRICA'S OIL AND GAS AND ENERGY INDUSTRY CONNECT, COLLABORATE AND CREATEWELCOME TO THE PETROLEUM TECHNOLOGY ASSOCIATION OF NIGERIA'S …

Crude Oil

U.S. Briefly Became Net Petroleum Importer This Year

The United States briefly returned to being a net importer of crude oil and petroleum products in May and June this year, as U.S. crude oil and refinery output …

Laos

Laos' First Petroleum Refining Project is Put into Operation

The first phase of the 3 million tons/year refining and chemical project of Laos Petrochemical Co., Ltd. was officially put into operation on the 30th.

SINOPEC

Fitch Affirms Sinopec at ‘A+’; Outlook Stable

Fitch Ratings has affirmed China Petroleum & Chemical Corporation’s Long-Term Foreign- and Local-Currency Issuer Default Ratings at ‘A+’.

United Arab Emirates

Adnoc Makes 22bn Barrel Unconventional Find – Producing 5mn bpd by 2030

Adnoc has made an unconventional discovery of 22 billion stock tank barrels onshore, Abu Dhabi’s Supreme Petroleum Council has said.

Oil Field

China Looks To Buy Stake In A Major Iraqi Oilfield

State giants China National Petroleum Corporation and China National Offshore Oil Corporation are interested in buying ExxonMobil’s entire operating stake in o…

Oil & Gas Trade

CNOOC China Awards LNG Contract to Aramco Trading

China National Offshore Oil Corp has awarded a tender to buy liquefied natural gas from the trading arm of oil giant Saudi Aramco in Singapore through the Shang…

Oil and Gas Technology

Bharat Petroleum Confident of Meeting 10% Ethanol Blending Target by 2022

And on Monday it also allowed procurement and conversion of the surplus maze into ethanol.

Gas power plant

SEPLAT, NNPC to Build Gas Plant in Imo State

SEPLAT Group has partnered with the Nigerian National Petroleum Corporation to site a multi-billion-naira gas plant at Asaa, Ohaji-Egbema Local Government Area …

Libya

Liberian Govt Extends Licensing Round, 2020

The Government of Liberia, through the Liberia Petroleum Regulatory Authority, has announced an extension of the time frame for the Liberia License Round, 2020 …

Net Zero Emission

Oxy Becomes First U.S. Driller To Announce Net-Zero Plan

Occidental Petroleum has become the first U.S. oil company to announce a plan to slash greenhouse gas emissions to net-zero by 2050.

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 …