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Oil & Gas Trade
Oil & Gas
Oil Giant Aramco Says Windfall Taxes ‘Not Helpful’ and Could Stifle Decarbonization
KEY POINTSPolicymakers in a number of countries are calling for windfall taxes on major oil and gas companies, many of which saw record profits in the last year
Oil & Gas
OPEC Stands by 2023 Oil Demand Forecast Amid Improving Outlook in China
Opec says it is holding to its forecast demand for crude this year despite forces arraying against it. ReutersOpec stuck to its global oil demand forecast for t
Oil & Gas
Keppel Offshore & Marine Former Senior Managers Escape Prosecution for Bribery Scandal
Six former senior officials of Singapore’s Keppel Offshore & Marine have escaped prosecution on corruption charges relating to Brazil’s Operation Ca
Oil & Gas
Greek Firms Start Construction of 840 MW Gas Plant in Alexandroupolis, Target Balkans for Power Exports
A consortium consisting of Public Power Corp. (PPC), DEPA Commercial and Damco Energy marked the start of works on a gas-fired power plant in Alexandroupolis in
Oil & Gas
Again, Oil Production Falls Short of OPEC Quota by 0.57MBPD
Nigeria’s oil production in the month of December 2022 grew by 4.2 per cent month-on-month to 1.23 million barrels per day but remained significantly shor
Oil & Gas
Petronas Awards Banang Oilfield Prize
Petra Energy secures extension for offshore assetPetronas has extended until August 2024 Malaysian contractor Petra Energy’s contract covering production,
Oil & Gas
FPSO Gets More Time With Eni Off Nigeria
While firming up a deal for a further extension, BW Offshore has secured a short-term contract extension with Eni for one of its floating, production, storage a
Oil & Gas
Bintai Kinden Expands Further into O&G
Company's 51%-owned sub-subsidiary, Bintai Energy, awarded RM4.0 million subcontracts by Petro Flanges & Fittings and received licenses from Petronas to sup
Oil & Gas
What Will the New Year Bring to the Oil & Gas Industry?
The year, which is now behind us, was marked by a global energy crisis and price volatility, putting the energy trilemma into stark relief. However, 2023 is sti
Oil & Gas
Global Oil Demand Could See Surprise Surge in 2023, Says Top Hedge-Fund Trader
But electric-vehicle adoption may stand in way to full return to trend, says Pierre AndurandGlobal demand for crude oil could see a bigger surge than traders an
Oil & Gas
Aramco Refining Unit Luberef Begins Trading on Tadawul After $1.32BN IPO
Company's listing is Saudi Arabia's third-largest IPO this year after Americana and Nahdi MedicalThe Tadawul All Share Index, the Arab world's large
Oil & Gas
Exxon Sues EU in Move to Block New Windfall Tax on Oil Companies
Record profits by oil companies benefiting from high energy prices have boosted inflation around the worldExxon said it will factor in the tax as it considers f
Oil & Gas
Putin Bans Export of Russian Oil to Countries That Implement Price Cap
Moscow: President Vladimir Putin Tuesday delivered Russia’s long-awaited response to a Western price cap, signing a decree that bans the supply of crude o
Oil & Gas
AD Ports Group Signs Major Agreements With Kazakh National Oil Company Subsidiary
ABU DHABI, (UrduPoint / Pakistan Point News / WAM - 28th Dec, 2022) AD Ports Group has signed a shareholder agreement with KMTF (Kazmortransflot), a fully-owned
Oil & Gas
Turkey Announces Big Boost in Black Sea Gas Reserves
Upward projection could help Ankara realise its goal of becoming an energy hub for the regionScarabeo 9, a 115-metre-long, 78-metre-high Frigstad D90-type semi-
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Most views from Oil & Gas Trade
1
Saudi Aramco and Sonatrach Cut LPG Osps for Nov by 3-4%
2
Venezuela Mulls Proposal to Extend PDVSA-Chevron Oil Joint Venture Through 2047
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Venezuela's 2023 Oil Exports Rose, Aided by Us Sanctions Easing
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Oil Posts Third Weekly Gain After OPEC+ Cuts and Inventory Declines
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Exclusive: Russia Increases Gasoline Imports From Belarus as Domestic Supplies Shrink
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Saudi Aramco Buys 10% Stake in China’s Rongsheng Petrochemical in $3.6BN Deal
