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Oil & Gas Trade
Oil & Gas
Kuwait’s Oil Company Seeks to Exit Norway
Kuwait's overseas oil and gas division has launched a sale process for its Norwegian assets as part of its focus on newer exploration and production hubs, i
Oil & Gas
Borrell Urges EU to Restrict Imports of Indian Fuels Made With Russian Oil
The European Union (EU) should crack down on India reselling Russian oil into Europe as refined fuel, including diesel, EU foreign policy chief Josep Borrell sa
Oil & Gas
Iraq’s Oil Minister Expects Northern Exports to Resume Within Two Weeks
Iraq expects to reach an agreement with the Kurdistan Regional Government (KRG) to restart oil export flows from the country's semi-autonomous Kurdistan reg
Oil & Gas
Oil Producer Hess Beats First-Quarter Profit, Makes New Discovery in Guyana
Credit: REUTERS/DADO RUVICUpdate with details on result, Guyana discoveryApril 26 (Reuters) - Oil and gas producer Hess Corp HES.N on Wednesday beat Wall Street
Oil & Gas
Pakistan Eyes Economic Relief From Russian Oil Imports Due in May
Delicate diplomacy, refining capacity and forex payments pose challenges
Oil & Gas
CEO and CFO of Knot Offshore Partners Stepping Down
Shuttle tanker owner and operator KNOT Offshore Partners LP announced that Gary Chapman, KNOP’s CEO, and CFO, has given notice that he intends to resign f
Oil & Gas
UK Oil & Gas Firm Bolsters Its Position by Taking Sole Ownership of Tunisian Business
London-based independent E&P company Panoro Energy has entered into a definitive agreement with Beender Tunisia Petroleum Limited (Beender) to acquire its 40 pe
Oil & Gas
India’s Nse to Begin Crude, Gas Futures Trading in May
India's National Stock Exchange (NSE) is set to begin trading of rupee-denominated Nymex WTI crude oil and Henry Hub natural gas futures contracts in its co
Oil & Gas
Oil production cuts to tighten market from May and boost prices, UBS says
Drop in crude inventories and supply disruption from northern Iraq of almost 500,000 barrel per day also a factor
Oil & Gas
Oil Posts Third Weekly Gain After OPEC+ Cuts and Inventory Declines
An oil tanker at the Sheskharis complex in Russia. The country has extended its 500,000 bpd cut until the end of the year. AFPOil posted a third weekly gain aft
Oil & Gas
Totalenergies and the Iraqi Government Make Plans to Move Forward With Gas Growth Integrated Project
While confirming all the terms of the Development & Production Contract signed in 2021, TotalEnergies and the Iraqi Government have, through exchanges in the pa
Oil & Gas
GECF Unveils 4th Annual Gas Market Report
Doha, QATAR – 5 April 2023: The Gas Exporting Countries Forum (GECF) is pleased to announce the launch of the fourth edition of its Annual Gas Market Report (A
Oil & Gas
BAKER HUGHES RECEIVES MAJOR LNG ORDER FROM QATARENERGY
Baker Hughes announced an order to be booked in the first quarter of 2023 with longtime partner QatarEnergy to supply two main refrigerant compressors (MRCs) fo
Oil & Gas
EU to Maintain Russian Oil Price Cap at $60
The European Commission told member states that a $60-a-barrel cap on the price of Russian oil is proving effective in hurting the Kremlin’s access to pet
Oil & Gas
OPEC+ Likely to Maintain Output Cut Amid Strong Oil Market Fundamentals
Opec+ slashed its output by 2 million barrels per day in October last year. ReutersOpec+ will most likely roll over its existing output cuts when it meets on Ap
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Exxon and QatarEnergy's joint venture Golden Pass produces first LNG at new Texas facility
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Petron secures 2.5M barrels of Russian crude oil
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New Zealand's Oil Refinery Set to Convert Into Import Terminal
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Shell Swings to Loss on $16bn Impairment Charge but Pays Dividend