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Oil Price
Video: Oil Prices Pushed Up By Rivalry Between Saudi Arabia & UAE, Why Are These Two Gulf Nations Sparring?
A public rift between the UAE & Saudi Arabia over oil production quotas has led to soaring oil prices.
Japan
Japan to Remain Committed to Oil and Gas Development Projects
Japan will remain committed to upstream oil and gas developments and plans to boost its ratio of equity oil and gas as it expects the fuels to play a key role i…
Hydrogen Project
UAE’s ADNOC to Explore Hydrogen and Blue Ammonia with Japanese Groups
Abu Dhabi National Oil Company is set to explore the commercial opportunities for hydrogen and blue ammonia in collaboration with Japanese companies Inpex, Jera…
Angola
Angola Kicks Oil Privatization Into Overdrive
Angola is seeking buyers for state insurer ENSA as part of a privatization drive that also includes the partial sale of state oil major Sonangol.
Crude Oil
Brazil Plans To Be 5th-Largest Crude Exporter By 2030
Brazil’s expected oil output surge this decade will make it the world’s fifth-largest crude exporter in 2030, Brazilian Mines and Energy Minister Bento Albuqu…
Energy Investment
Eni to Buy 315-MW Wind Portfolio in Italy
Italian oil and gas group Eni SpA will fully acquire a 315-MW operational wind portfolio in Italy from UK fund manager Glennmont Partners and Dutch pension fund…
LNG
Baidyanath to Start Country’s First Commercial LNG Filling Station
Makers of Ayurvedic medicines from the city, Shree Baidyanath, has diversified into liquified natural gas sale.
Oil Refinery
Shell Announces Sale of Schwedt Refinery Stake
Shell has agreed to sell its 37.5pc stake in the 208,000 b/d Schwedt refinery in northeast Germany to Austria-based firm Alcmene for an undisclosed sum as part …
Oil&Gas Drilling
McDermott Secures Subsea Job on Bayu-Undan Field
McDermott International has secured a subsea engineering, procurement, construction and installation contract with Santos for the Bayu-Undan infill well Phase 3…
Oil Field
China: Daqing Oilfield's Oil and Gas Achieved Double Overproduction in the First Half
As of June 30, PetroChina’s Daqing Oilfield had completed domestic and international oil and gas production equivalent of 21.54 million tons, an increase of 86…
OPEC
Video: UAE and Saudi Arabia’s spat over OPEC oil production
Saudi-led plan to extend a deal capping oil production triggers a dispute between two OPEC heavyweights.
Oil & Gas Supply
Singapore Fuel Oil Inventories Sink to Over 3-Month Low
Singapore residual fuel oil inventories fell 5% in the week ended July 7, dropping to a 3-1/2 month low despite steady net import volumes, official data showed …
Oil Exploration
Turkish Company Applies to Explore for Oil in East Med - Official Gazette
Turkey's state-owned energy company TPAO has applied for a licence to explore for crude oil in the eastern Mediterranean.
Oil&Gas Drilling
Early Mover CGX Spuds Long-Awaited Guyana Oil Well
Canadian independent CGX Energy, one of the early movers in Guyana's offshore play, spudded its first well in the South American country, 21 years after its ini…
Market Analysis
Algeria Leads the GECF Research and Development Arm
A Founding Member of the GECF, Algeria’s footprint in the 18-member association is deeply embedded in the history and current direction of the organisation.
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