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Oil Refinery
Iraq Closes on New Chinese Refinery Investment Deal
Iraq is nearing agreement on a new downstream investment deal with a group of Chinese state-owned companies for the construction of a new 100,000 b/d refinery, …
LNG
Global LNG Deliveries Rise in June
Worldwide LNG receipts increased compared with a year earlier for a fourth consecutive month in June but dropped from May and were at their lowest since October…
Hydrogen Project
Saudi Arabia Aims To Dominate The Global Hydrogen Market
While Saudi Arabia continues to develop its oil industry, it is not shying away from alternative energy options, with state-owned Aramco now heavily investing i…
Oil Pipeline
Environmentalists Slam Mexico After Underwater Oil Rig Fireball in Gulf
Mexico’s state-owned oil company said Friday that an undersea gas pipeline ruptured near a drilling platform in the Gulf.
Oil Price
Oil Prices in S. Korea Hit 33-Month High
Retail oil prices in South Korea rose for the ninth consecutive week to reach the highest level in nearly three years amid a global oil rally.
Oil Exploration
Erdogan: Turkey will Continue Oil Exploration in Disputed Eastern Mediterranean
Turkey's president may be upping the ante against Greece, Cyprus and the European Union.
Oil Field
BP and Lukoil Considering Selling Stakes in Iraq
Oil minister describes country's investment environment as 'destructive' for international oil companies
Crude Oil
OPEC Discussing Deal to Raise Oil Production by 2 million b/d by December: Sources
OPEC and its allies appear in striking distance of a deal on production quotas, discussing proposals that call for an output increase of about 2 million b/d fro…
Crude Oil
Aussie Onshore Explorer Starts Significant Onshore Oil Hunt
JV between Buru and Origin start the first of two large oil prospects in Canning basin
Oil Field
Equinor Brings Pioneering Martin Linge Oil and Gas Field Online
On June 30th, Equinor’s Martin Linge oil and gas field in the North Sea came on stream. The field is powered from shore, resulting in low CO2 emissions, and op…
Crude Oil
S.Korea’s June Crude Oil Imports up 5.9% y/y – Preliminary Data
South Korea’s June crude oil imports rose 5.9% to 79.0 million barrels from a year earlier, preliminary data from the Ministry of Trade
Crude Oil
Iraq's Crude Oil Exports Exceed 86 mln Barrels in June
Iraq's Ministry of Oil said on Thursday that the country exported 86.76 million barrels of crude oil in June, bringing in revenues of about 6.14 billion U.S. do…
Crude Oil
PetroVietnam & Kuwait Petroleum International Sign Agreement
Kuwait Petroleum International and PetroVietnam signed a cooperation agreement that aims at re-focusing their refining and petrochemicals strategies.
S. Sudan: Petronas may not Participate in First Oil Licensing Round
Malaysian oil giants, Petronas announced on Thursday that the company does not intend to participate in South Sudan’s first oil licensing round.
Oil Price
Oil Surges As Traders Await OPEC+ Decision on Easing Production Cuts
Its allies on further easing production curbs in response to growing demand as the global economy gathers momentum.
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