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Crude Oil
Turkey's Drillship Fatih Starts Operations in Türkali-7 well
Turkey’s first drillship, Fatih, began drilling in the Türkali-7 location in the Black Sea on Dec. 24, according to Turkey’s Energy and Natural Resources Min…
Crude Oil
CPC to Import 90,000MT Crude Oil from Singapore
The Ceylon Petroleum Corporation says it will import 90,000 metric tons of fuel on credit from a supplier in Singapore next month.
Oil Refinery
Mexico’s Pemex Secures $500m in New Funding to Help It Take Over Texas Refinery
The acquisition would secure critical fuel supplies for the state oil company
Crude Oil
Russia Eyes 3-5pc Growth in Liquids Output in 2022
Russian crude and condensate production will grow by between 3-5pc in 2022, deputy prime minister Alexander Novak said today.
Oil Refinery
Major Romanian Oil Refinery to Cut Emissions with Hydrogen
PJSC Lukoil has today Bbecome the latest oil and gas company to commit to hydrogen, having confirmed its intention to investigate the production and supply of g…
Crude Oil
U.S. Oil Rig Count Jumps Along With Crude Prices
The number of active drilling rigs in the United States last week rose by 7, bringing the total to 586 as oil prices remain relatively strong despite the fresh …
Cooperation case
China, Russia forge Close Ties in Energy Cooperation Under BRI: Sinopec Report
China’s oil giant Sinopec on Tuesday released a report about the company’s participation and growth in Russia which deepens ties with China on energy cooperat…
Hydrogen Project
Major Romanian Oil Refinery to Cut Emissions with Hydrogen
PJSC Lukoil has today become the latest oil and gas company to commit to hydrogen, having confirmed its intention to investigate the production and supply of gr…
Crude Oil
Marathon to Receive Second Release from U.S. Strategic Petroleum Reserve
The U.S. Energy Department awarded a second batch of crude oil from the strategic reserve to Marathon Petroleum Corp. as part of the Biden administration’s eff…
Crude Oil
South Korea To Release 3 Million Barrels Of Oil Reserves In Early 2022
South Korea will release 3.17 million barrels of its oil reserves in the first quarter of 2022 as part of the U.S.-led global effort by major oil-consuming nati…
Oil Refinery
Fire Injures Four At Exxon Refinery
A fire broke out early today at the Baytown refinery operated by Exxon, injuring four people.
Crude Oil
Repsol Lifts 100,000 Barrels from Yme Field in North Sea
The first lifting of oil from the Repsol-operated Yme field located in the North Sea off Norway has been completed following the field start-up in October 2021.
Crude Oil
Oil Prices Reach Four-Week High on Declining U.S. Crude Stocks
Oil settled at the highest level in nearly a month after U.S. crude stockpiles decreased and economic data pushed equities higher.
Oil and Gas Equipment
Coal-to-Liquid Plant in Ningxia Reaches Full Capacity
A project converting coal into oil in northwest China's Ningxia Hui Autonomous Region had produced 4.05 million tonnes of products this year as of 9:17 a.m. Sun…
Oil Refinery
India’s IOC to Expand Digboi Refinery Capacity
India's state-controlled refiner IOC will expand its 13,000 b/d Digboi refinery in Assam following the request of the state's chief minister Himanta Biswa Sarma…
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