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Australia
Oil Search, Santos Close to Deal to Create Top 20 Global Oil Firm
Oil Search said on Monday it intended to recommend an improved buyout offer from Santos Ltd, worth A$8.4 billion, in a deal that would create a top-20 global oi…
Crude Oil
Cambodia Stops Offshore Oil Extraction After KrisEnergy goes Bankrupt
Cambodian Prime Minister Samdech Techo Hun Sen said on Sunday that the kingdom's first-ever oil extraction had come to a full stop after Singapore-based oil and…
Crude Oil
China’s Crackdown on Excess Capacity to Impact Crude Oil Imports
China’s drive to lower emissions, is expected to have a negative impact on crude oil imports from private refineries.
Oil Refinery
No Official Explanation For Fire At Iran Oil And Gas Installation
The spokesman of Arvandan Oil and Gas Company, a major subsidiary of the National Iranian Oil Company operating in the oil-rich province of Khuzestan
Oil Shale
New Mexico’s Permian Output Rises – will a Modest Shale Recovery Follow?
New Mexico’s oil production surged to a record in May highlighting the Permian Basin’s role as the shale industry sees some recovery from the pandemic.
Energy Investment
Dhaka Seeks US-Investment in Off shore's Oil, Gas Exploration
Tawfiq-e-Elahi Chowdhury encouraged ExxonMobil officials to invest in Bangladesh during a meeting held with senior officials of ExxonMobil at the Bangladesh Emb…
Oil Field
Russians Decide Against Selling Iraqi Oilfield to China
Russia’s Lukoil PJSC is retracting its decision to sell its stake in West Qurna-2 field in the south to Chinese companies.
Crude Oil
Energy Import Bill up 131 pct in June 2021
Turkey's energy import bill increased by 131 percent to $3.63 billion in June this year compared to the same month last year.
Oil & Gas Trade
Russia’s Energy Ministry Proposes Ban on Gasoline Export
Russia’s energy ministry said on Friday it filed a proposal for the government to start a procedure for a ban on gasoline exports.
Crude Oil
BW Working to Tie in Gabon Wells for First Oil Later This Year
Oil and gas company BW Energy has completed the final horizontal production well on the Dussafu Marin license in Gabon and is now working to tie in two wells fo…
Natural Gas
Turkey’s TPAO Conducts First Flow Test on Sakarya Gas Field
Turkey’s oil and gas company TPAO has successfully completed the first flow test of the Türkali-2 appraisal well in the Sakarya gas field located in the Black…
Oil Price
Saudi Arabia's Oil Exports Climb 147 per cent to $16 billion in May
The value of Saudi Arabia's oil exports in May increased 147 per cent to just over 60 billion riyals from a year earlier while non-oil exports rose by 70 per ce…
Natural Gas
East Timor's Bayu-Undan Infill Well Produces First Gas
The $235mn project was sanctioned in January.
Energy Security
Over 90% of Sinopec Henan Gas Stations have Resumed Operations!
Since July 17, China's Henan Province has experienced the first extreme heavy rainfall in its history.
Hydrogen Project
China's GCL Plans Ethiopian Ammonia Plant and Hydrogen Facilities
Chinese solar panel maker GCL Group plans a plant in Ethiopia to make ammonia using the natural gas produced from fields it has been developing under a deal wit…
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