Petroleum

India
Petroleum Import Declines, Worth Rs. 101BN Imported in Five Months of FY 2024/25
The import of petroleum products has decreased during the first five months of the current fiscal year 2024/25.According to latest trade statistics of the Depar…
Oil Exploration
Onshore Petroleum Auction Set to Be Held
Authorities are calling for bids for onshore petroleum exploration and production in nine areas in the Northeast and central region for the first time in 17 yea…
Oil Exploration
Occidental Petroleum’s Subsidiary Secures Oil and Gas Permit off Colombia
Colombia's national environmental licensing agency (ANLA) on Friday said it has awarded an environmental license to Anadarko Colombia Company, a subsidiary …
Natural Gas
Kuwait’s Petroleum Exploration Firm Begins Withdrawal From Pakistan
Kuwait Foreign Petroleum Exploration Company (KUFPEC) has begun its exit from Pakistan’s oil and gas sector, citing extensive circular debt and prolonged …
Tender/bid
Bharat Petroleum Wins 150 MW of Solar in NTPC Auction With INR 2.55/kWh Bid
India’s Bharat Petroleum has offer the lowest bid of INR 2.55 ($0.03)/kWh in NTPC’s new 1.2 GW solar auction, securing 150 MW of project capacity.Im…
Brazil
Brazil Plans to Significantly Increase Oil Production by 2025
Brazil's oil production is expected to reach 3.6 million barrels per day (bpd) in 2025, up about 6 per cent from an accumulated average of 3.4 million bpd t…
Oil Exploration
Pakistan Spent Rs. 430 Billion on Oil and Gas Exploration in Last 3 Years
The Senate Standing Committee on Petroleum, chaired by Senator Umar Farooq, held a meeting where petroleum officials provided a detailed briefing on oil and gas…
Natural Gas
NUPRC to Launch New Oil Licensing Round in 2025
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed plans to hold another oil licensing bid round in 2025.NUPRC Chief Executive Officer …
Natural Gas
EnQuest Gets Nod to Boost Gas Production at Field Offshore Malaysia
EnQuest Petroleum Production Malaysia, a subsidiary of London Stock Exchange-listed energy player EnQuest, and its partners in a production sharing contract (PS…
Oil Exploration
QatarEnergy Acquires Interest in Exploration Block Offshore Namibia
QatarEnergy has acquired a 27% working interest in the Petroleum Exploration License and Petroleum Agreement for Block 2813B (PEL0090), offshore Namibia.Asa per…
Green Hydrogen
Egypt’s Abu Qir Fertilizers Signs Deals for Green Hydrogen, Automation
Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, has overseen the signing of three strategic agreements aimed at enhancing the sustainab…
Natural Gas
Egypt’s Cabinet Approves Oil, Natural Gas Exploration Agreements in Key Concessions
The Cabinet has approved two draft petroleum commitment agreements involving the Egyptian Natural Gas Holding Company (EGAS), the Egyptian General Petroleum Cor…
Crude Oil
Nigeria Retains Top Spot as Africa’s Biggest Oil Producer
The Organisation of the Petroleum Exporting Countries (OPEC) has disclosed that Nigeria retained its position as the largest oil producer in Africa.OPEC, in its…
Wind Power Project
TotalEnergies to Develop 300MW in Oman
[Image: TotalEnergies]TotalEnergies, together with its partner OQ Alternative Energy (OQAE), has signed landmark agreements to develop 300MW of renewable energy…
Natural Gas
ExxonMobil to Drill Offshore in Egypt’s Western Mediterranean
ExxonMobil will begin drilling a new offshore gas exploration well in the North Marakia Offshore Concession, Western Mediterranean this month.During a meeting i…

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Petroleum

Petroleum Import Declines, Worth Rs. 101BN Imported in Five Months of FY 2024/25

Onshore Petroleum Auction Set to Be Held

Occidental Petroleum’s Subsidiary Secures Oil and Gas Permit off Colombia

Kuwait’s Petroleum Exploration Firm Begins Withdrawal From Pakistan

Bharat Petroleum Wins 150 MW of Solar in NTPC Auction With INR 2.55/kWh Bid

Brazil Plans to Significantly Increase Oil Production by 2025

Pakistan Spent Rs. 430 Billion on Oil and Gas Exploration in Last 3 Years

NUPRC to Launch New Oil Licensing Round in 2025

EnQuest Gets Nod to Boost Gas Production at Field Offshore Malaysia

QatarEnergy Acquires Interest in Exploration Block Offshore Namibia

Egypt’s Abu Qir Fertilizers Signs Deals for Green Hydrogen, Automation

Egypt’s Cabinet Approves Oil, Natural Gas Exploration Agreements in Key Concessions

Nigeria Retains Top Spot as Africa’s Biggest Oil Producer

TotalEnergies to Develop 300MW in Oman

ExxonMobil to Drill Offshore in Egypt’s Western Mediterranean