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Oil and Gas Remained Part of Key Solutions in Combating Climate Change
The Organisation of the Petroleum Exporting Countries said on Monday that it believes oil and gas remained part of key solutions in combating climate change.
Oil & Gas Trade
Iran's Oil Minister: US, not Iran, Threatens World's Energy Security
Iran's oil minister says the world's energy supply is threatened by the United States, not Iran which is a major guarantor of energy stability and peace in the …
Oil & Gas Trade
India Says its Relations with Iran not Influenced by Any Third Country
"India's bilateral relations with Iran stand on their own and are not influenced by India's relations with any third country," Minister of State for External Af…
Oil & Gas Trade
OPEC Formally Embraces Russia, Other Non-Members In Expanded
OPEC used to shift world oil markets with a single announcement. These days, the Saudi-led organization needs help from some key partners — most significantly …
Crude
Huge Zimbabwe Oil, Gas Potential for Invictus, Findings Show
INVICTUS Energy Limited (IEL) says findings by a United Kingdom-based firm show a potential of 1,3 billion barrels of oil-equivalent, which consists of 200 mill…
Maharatna Oil and Natural Gas Corporation Limited
Maharatna ONGC is the largest crude oil and natural gas Company in India, contributing around 70 per cent to Indian domestic production.
Oil Price
Crude Oil Futures up More Than 2% as OPEC Looks to Extend Supply Cuts
Crude oil futures soared by nearly 2% during mid-morning trade in Asia Monday as OPEC and its allies look to extend their supply cut agreement at a time of grow…
Crude
Asia Sour Crude Market Mulls OPEC Deal, US Data
Sour crude spreads in Asia traded within a narrow range in mid-morning trading hours on Monday, as market participants weighed the benefits of a bullish OPEC de…
Oil & Gas Trade
India Stops Buying Iran Oil
Iran was the third largest supplier of crude to India, behind only Iraq and Saudi Arabia, but after the sanctions waiver granted to India in November expired la…
Oil & Gas Trade
The Oil Crisis Saudi Arabia Can't Solve
In reality, Aramco will not be able to keep the necessary crude oil and products volumes flowing to Asian and European markets in the case of a full Strait of H…
Shale Gas
Argentina's Shale Boom at Vaca Muerta Seems to be Finally Taking Off
Argentina's vast shale play Vaca Muerta has finally seen the first tangible results with the first exports of light crude oil and liquefied natural gas (LNG) fr…
Crude
Dubai Sour Crude Steady, Awaits Further Cues From G20 Talks
Dubai sour crude structure in Asia was largely unchanged overnight as market participants looked to discussions between the US and China at the ongoing G20 summ…
ADNOC - Abu Dhabi National Oil Company
ADNOC are one of the world's leading energy producers, and a primary catalyst for Abu Dhabi’s growth and diversification. ADNOC operate across the entire hydro…
Analysis: Asian Refiners May Trim Sour Crude Intake on Dubai Backwardation
The spread between the first and third-line Dubai crude swaps was assessed at $2.06/b on May 17 in Singapore, Platts data showed, the strongest backwardation si…
Oil Refinery
U.S. Crude Oil Refinery Inputs Increase Last Week: EIA
U.S. crude oil refinery inputs increased during the week ending June 7, the U.S. Energy Information Administration (EIA) said Wednesday.
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