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Oil Price
The Next Couple Of Months Are Crucial For U.S. Oil
The U.S. oil industry faces a bumpy road to recovery from the steepest slump in oil demand in history.
Oil&Gas Drilling
Hibiscus Petroleum Buys into 3D Oil License off Australia
Malaysia’s Hibiscus Petroleum has completed its 50 per cent acquisition of interest in the exploration permit VIC/P74 offshore Australia from 3D Oil.
Energy Saving
Energy Efficiency Post Covid-19
Energy efficiency can improve the economic competitiveness of countries and businesses, as well as reducing greenhouse gas emissions and improving the quality o…
Crude Oil
Libya to Resume Oil Production at Largest Field Amid Talks
Libya's prized, light crude has long featured in the North African country's civil war with rival militias and foreign powers jostling for control of Africa's l…
Oil Field
BP Starts Oman's Giant Ghazeer Gas Field
BP started production at Oman's giant Ghazeer natural gas field in Oman which is set to underpin the company's oil and gas output for years even as it shifts to…
Turkey
What Turkey's New Gas Discovery Really Means
What Turkey's New Gas Discovery Really Means?
Oil Field
Russian LUKOIL Proceeds with Filanovsky Field Phase Two Development
The second phase aims to keep oil production at the planned rate of 6 million tonnes a year.
Crude Oil
Daily Crude Oil Production Hits over 718K Barrels in the Sultanate
The Sultanate’s daily crude oil production stood at 718,700 barrels during September 2020, a drop by 0.18 percent compared to the daily production in August 20…
Market Analysis
Argentina’s Oil Boom Is Showing Signs Of Life
After the devastating impact of the COVID-19 pandemic on its economy, there are signs that Argentina’s once burgeoning oil industry is coming back to life.
LNG
POSCO Targets LNG Storage Market by Teaming up with ExxonMobil
POSCO has joined hands with ExxonMobil to make a foray into the liquefied natural gas (LNG) storage and fuel tank market.
Gas power plant
Power Link to Replace Gas-Fired Plants in S Australia
The proposed 800MW electricity transmission link between South Australia and New South Wales, known as EnergyConnect, will replace gas-fired plants in South Aus…
Crude Oil
OPEC: Oil Demand to Decline after Plateauing in Late 2030s
World oil demand will plateau in the late 2030s and by then begin to decline.
Oil & Gas Trade
China Set for Fresh Gasoline Export Splurge as Golden Week Ends
Gasoline exports from China, Asia's top petrol exporter, are set to stay elevated this month as mounting supplies from recent high crude oil processing runs pro…
Turkey
What Turkey's New Gas Discovery Really Means
What Turkey's New Gas Discovery Really Means?
Crude Oil
Libya’s Central Banks Wants To Lift Oil Output To 1.7 Million Bpd
The governor of the Libyan central bank has called for the increase of oil production to 1.7 million bpd as soon as possible as the country’s economy continues…
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