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Oil & Gas
Shearwater Geoservices Gets Work in Oil-Rich Guyana With Exxonmobil
Oil India has announced that it has signed a memorandum of understanding (MoU) with Mineral Exploration and Consultancy (MECL) to collaborate in the exploration
Oil & Gas
Centrica to Supply Petrobras With LNG Until 2040s
GasLog WestminsterBrazil’s state-owned energy giant Petrobras has signed a long-term liquefied natural gas (LNG) sales and purchase agreement (SPA) with t
Oil & Gas
Colombia’s Ecopetrol Books Biggest Increase in Proven Oil, Gas Reserves in Three Years
Oil pumpjacks are pictured in an Ecopetrol oil field in Barrancabermeja, Colombia October 11, 2024.Colombia's Ecopetrol (ECO.CN), booked its biggest increase in
Oil & Gas
US Refiners Mull Switch to Alternative Lighter Crudes Amid Trump Tariff Fears
U.S. flags are displayed at Marathon Petroleum's Los Angeles Refinery in Carson, California, U.S., March 11, 2022.Top U.S. refiners are poised to seek alternati
Oil & Gas
US Refiners Mull Switch to Alternative Lighter Crudes Amid Trump Tariff Fears
U.S. flags are displayed at Marathon Petroleum's Los Angeles Refinery in Carson, California, U.S., March 11, 2022.Top U.S. refiners are poised to seek alter
Oil & Gas
Oil Exports From Russia’s Busiest Port Unencumbered by Sanctions
A crude oil tanker.Crude-oil exports from Russia’s main Pacific terminal remain robust as shippers and traders — yet again — work around a fresh batch o
Oil & Gas
SOCAR Announces Expected Volume of Euro-5 Gasoline Output in Azerbaijan in 2025
This year, the Heydar Aliyev Oil Refinery is projected to produce 1.7 million tons of Euro-5 standard gasoline, according to the State Oil Company of Azerbaijan
Oil & Gas
Nigerian Oil Firm Secures $200 Million for Domestic Gas Expansion
A Nigerian oil and gas company, NESGAS Limited, yesterday, said the signing of a $200 million contractor financing agreement with Cakasa Nigeria Limited for the
Oil & Gas
Elliott Pushes Big Cost Cuts at BP to Preserve Its Independence
Storage tanks at the Port of Rotterdam in Rotterdam, Netherlands.Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to str
Oil & Gas
EIA Confirms Turkmenistan’s Rising Oil Reserves
Turkmenistan continues to strengthen its position as a key energy producer, with proven oil reserves reaching 600 million barrels as of January 1, 2025, accordi
Oil & Gas
Oil Giant Chevron Plans to Lay off 20% of Workers in Cost-Cutting Push
Chevron employed 46,500 people globally at the end of 2023, meaning the cuts could affect as many as 9,000 employeesChevron plans to cut its global workforce by
Oil & Gas
Exxon Seeks Permit for Its Eighth Oil, Gas Project in Guyana as Output Rises
An Exxon gas station seen in Washington, U.S., November 26, 2024.A consortium led by Exxon Mobil (XOM.N), has requested environmental permits from Guyana for it
Oil & Gas
China National Petroleum Resumes Crude Production in South Sudan
Dar Petroleum Operating Co. has resumed producing oil from a number of its wells in South Sudan after almost a year, people with knowledge of the matter said.Th
Oil & Gas
Libya’s NOC Unveils Self-Reliance
Strategic shift focuses on homegrown technologiesThe National Oil Corporation (NOC) unveiled its 2025 strategic plan on Wednesday, prioritising increased oil pr
Oil & Gas
Four Giant Oil & Gas Projects Line up for Start-up in 2025 Offshore Norway With More on the Cards
Norwegian oil and gas player Vår Energi has confirmed that four major projects are expected to be put into operation this year, enabling the firm’s

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Turkmenistan Expands Oil Production at Uzynada Field

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Shearwater Geoservices Gets Work in Oil-Rich Guyana With Exxonmobil

Centrica to Supply Petrobras With LNG Until 2040s

Colombia’s Ecopetrol Books Biggest Increase in Proven Oil, Gas Reserves in Three Years

US Refiners Mull Switch to Alternative Lighter Crudes Amid Trump Tariff Fears

US Refiners Mull Switch to Alternative Lighter Crudes Amid Trump Tariff Fears

Oil Exports From Russia’s Busiest Port Unencumbered by Sanctions

SOCAR Announces Expected Volume of Euro-5 Gasoline Output in Azerbaijan in 2025

Nigerian Oil Firm Secures $200 Million for Domestic Gas Expansion

Elliott Pushes Big Cost Cuts at BP to Preserve Its Independence

EIA Confirms Turkmenistan’s Rising Oil Reserves

Oil Giant Chevron Plans to Lay off 20% of Workers in Cost-Cutting Push

Exxon Seeks Permit for Its Eighth Oil, Gas Project in Guyana as Output Rises

China National Petroleum Resumes Crude Production in South Sudan

Libya’s NOC Unveils Self-Reliance

Four Giant Oil & Gas Projects Line up for Start-up in 2025 Offshore Norway With More on the Cards

Turkmenistan Expands Oil Production at Uzynada Field

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

Venezuela Approves 15-Year Extension of Russia-Linked Oil Joint Ventures

EIA Confirms Turkmenistan’s Rising Oil Reserves

Chevron, European Firms Lobby to Keep Stakes in Venezuela Oil Joint Ventures

Iran Clears Oil Spill in Northern Gulf Region