Crude Oil

Oil & Gas
OQ Completes Work On Ras Markaz Crude Storage Terminal
Image courtesy: ONAOman-based OQ, a global integrated energy group, has completed the basic construction works of Ras Markaz crude oil storage terminal whose st
Oil & Gas
China Boosted Crude Oil Storage Even As Refiners Processed More
Oil and gas tanks are seen at an oil warehouse at a port in Zhuhai, China October 22, 2018. REUTERS/Aly Song/File PhotoLAUNCESTON, Australia, Dec 15 (Reuters) -
Oil & Gas
China Daily Oil Throughput Rises To One-year High In Nov
An aerial view shows tugboats helping a crude oil tanker to berth at an oil terminal, off Waidiao Island in Zhoushan, Zhejiang province, China July 18, 2022. cn
Oil & Gas
TC Energy Restarts Segment Of Keystone Pipeline Unaffected By Oil Spill
Emergency crews work to clean up the largest U.S. crude oil spill in nearly a decade, following the leak at the Keystone pipeline operated by TC Energy in rural
Oil & Gas
Explainer: What Is The Oil Storage Situation In Canada And U.S. After Keystone Spill?
Explainer: What Is The Oil Storage Situation In Canada And U.S. After Keystone Spill? By Nia Williams and Arathy Somasekhar
Oil & Gas
Exxon, Chevron to Spend Billions More on Oil Projects Next Year
The two largest U.S. oil companies - Exxon Mobil Corp (XOM.N) and Chevron Corp (CVX.N) - disclosed plans to increase outlays on energy projects next year amid h
Oil & Gas
Adnoc and Malaysia's Petronas Join Forces on Abu Dhabi’s Unconventional Onshore Block 1
Award to Malaysia’s national oil and gas company launches Middle East’s first unconventional oil concession
Policy & Regulation
Price Cap on Russian Oil Comes Into Effect
The price cap of $60 per barrel for Russian oil devised by the G7 and supported by the European Union comes into effect today, aiming to curb Russia’s revenues
Oil & Gas
Lukoil Says Its Italian Refinery Will Continue Operations After EU Embargo
Lukoil said on Friday that it is ready to ensure continued operations at the site after the EU embargo on imports of Russian crude by sea takes effect on Decemb
Oil & Gas
Poland Approves $60 G7 Oil Price Cap
Poland has agreed to a $60 price cap on Russian crude oil, Poland’s Ambassador to the EU, Andrzej Sados, said on Friday.
Oil & Gas
Aker BP to Invest $19 Billion in Offshore Oil Projects in Norway
Norway’s oil and gas firm Aker BP approved plans to invest $19 billion in developing new projects offshore Norway by 2028, raising its initial capital expendit
Oil & Gas
Nigeria to End Imports of Petroleum Products in 2023
Nigeria—a major petroleum products importer—expects to stop importing petroleum products starting in the third quarter of next year, Nigeria’s oil minister T
Oil & Gas
Saudi Arabia Makes More Unconventional Gas Discoveries
Saudi Arabia’s oil giant Aramco has discovered two unconventional natural gas fields in the eastern part of the country.
Oil & Gas
Chevron to Ship First Venezuelan Oil to the U.S. By Year-End
Chevron is getting ready to ship the first oil cargo from Venezuela to the United States by late December.
Oil & Gas
UAE Brings Forward Oil Production Capacity Expansion to 2027
The board of Abu Dhabi's ADNOC endorsed plans on Monday to bring forward the company's five million barrel per day oil production capacity expansion to 2027 fro

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Turkmenistan Expands Oil Production at Uzynada Field

Crude Oil

OQ Completes Work On Ras Markaz Crude Storage Terminal

China Boosted Crude Oil Storage Even As Refiners Processed More

China Daily Oil Throughput Rises To One-year High In Nov

TC Energy Restarts Segment Of Keystone Pipeline Unaffected By Oil Spill

Explainer: What Is The Oil Storage Situation In Canada And U.S. After Keystone Spill?

Exxon, Chevron to Spend Billions More on Oil Projects Next Year

Adnoc and Malaysia's Petronas Join Forces on Abu Dhabi’s Unconventional Onshore Block 1

Price Cap on Russian Oil Comes Into Effect

Lukoil Says Its Italian Refinery Will Continue Operations After EU Embargo

Poland Approves $60 G7 Oil Price Cap

Aker BP to Invest $19 Billion in Offshore Oil Projects in Norway

Nigeria to End Imports of Petroleum Products in 2023

Saudi Arabia Makes More Unconventional Gas Discoveries

Chevron to Ship First Venezuelan Oil to the U.S. By Year-End

UAE Brings Forward Oil Production Capacity Expansion to 2027

Turkmenistan Expands Oil Production at Uzynada Field

Russia’s Rosneft Reports 70% Fall In 9-Month Net Income

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EIA Confirms Turkmenistan’s Rising Oil Reserves

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Iran Clears Oil Spill in Northern Gulf Region