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Oil & Gas
China Announces Total Amount of Non-state Crude Oil Imports Permitted for 2024
Non-state companies in China will be permitted to import a total of 243 million tonnes of crude oil in 2024, the same amount as is permitted this year, the Mini
Oil & Gas
China to Cap Crude Oil Processing Capacity at 1 Bln Tons by 2025
China will cap its crude oil primary processing capacity at 1 billion metric tons by 2025 in an effort to streamline its vast refinery sector, the country's
Oil & Gas
China’s Crude Oil Production up 1.9 Pct in First Three Quarters
China's output of crude oil went up 1.9 percent year on year in the first three quarters of 2023, official data showed.The country produced 156.72 million t
Oil & Gas
PRL Signs Long-Term Deal With Russia for Crude Oil Supply
Caretaker PM Kakar and caretaker Energy Minister Mohammad Ali are witnessing the signing ceremony of the MOU between United Energy Group of China and Pakistan R
Oil & Gas
Saudi Energy Minister Says OPEC+ Cuts Were Needed to Stabilize Oil Market
Saudi Arabia's Minister of Energy Prince Abdulaziz bin Salman Al-Saud speaks during 10th Arab-China Business Conference in Riyadh, Saudi Arabia, June 11, 20
Oil & Gas
Delta Community Threatens to Shut Down Oil Production
Nigeria’s oil industry may lose 20,000 barrels of petroleum crude per day as palpable tension grips the Otumara Flow Station operated by Shell Petroleum D
Oil & Gas
Pakistani Oil Companies Collaborate With Saudi Aramco for $10B Refinery Project
Four leading Pakistani oil companies will join hands with Saudi Arabia's state-owned Aramco for a $10 billion greenfield refinery project at Pakistan's
Oil & Gas
UAE's ADNOC Gas Agrees $7 Bln-$9 Bln 14-Year LNG Agreement With Indian Oil Corp -Statement
An Emirati man is seen near the logo of ADNOC in Ruwais, United Arab Emirates May 14, 2018. REUTERS/Christopher Pike/File PhotoAbu Dhabi's ADNOC Gas (ADNOCG
Oil & Gas
Column: Saudi Output Cut Removes Downside Risk From Oil Market
General view of Aramco tanks and oil pipe at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. REUTERS/Ahmed JadallahExt
Oil & Gas
Iraq Takes First Step Towards Becoming the World's Biggest Oil Producer
Iraq’s parliamentary oil and gas committee plans to increase the country’s oil production to more than five million barrels per day.Theoretically, I
Oil & Gas
Iraq to Trade Crude Oil for Iranian Gas to Settle Power Debt -PM
Iraqi Prime Minister Mohammed Shia al-Sudani, attends the Arab League Summit in Jeddah, Saudi Arabia, May 19, 2023. Iraqi Prime Minister Media Office/Handout vi
Oil & Gas
Oil Companies on Fundraising Spree for Energy Transition
Oil companies have been scurrying the equity market to meet expenses of energy transition they have set for themselves.NEW DELHI: Oil companies have been scurry
Oil & Gas
Oil Prices Gain 2% On Bigger-Than-Expected Decline in Us Crude Storage
NEW YORK (Reuters) -Oil prices rose about 2% on Wednesday as the second straight weekly draw from U.S. crude stockpiles was bigger than expected, which offset w
Oil & Gas
CGX, Frontera Announce Major Oil Discovery off Guyana
The discovery adds to the growing bonanza in this promising frontier regionPUBLISHED JUN 28, 2023 10:50 PM BY THE MARITIME EXECUTIVECanadian oil company CGX and
Oil & Gas
Oil Futures up 3PC on Strong China Refinery Data
HOUSTON: Oil prices gained about 3 % to a one-week high on Thursday as the US dollar weakened and data showed a jump in refinery runs in top crude importer Chin
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