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Oil

Nigeria
Nigeria Considers Privatizing Its State Oil Firm
Nigeria will look to privatize its state oil firm Nigerian National Petroleum Corporation (NNPC) under a draft new petroleum law currently in Parliament for dis…
NAPE Summit Week
"The marketplace for buying, selling and trading of oil and gas prospects and producing properties"
Saudi Arabia Smart Grid Conference & Exhibition
"International exhibition for oil & gas exploration."
LNG
Karpowership Kicks off First Floating LNG-to-Power Project in Indonesia
Turkey’s floating power plant company Karpower International has begun operation on its first LNG-to-Power project offshore Indonesia.
Oil Price
Oil Prices Stuck In Limbo As Uncertainty Mounts
Oil prices are unlikely to move much higher from the current levels in the low $40s, at least not for the rest of the year.
Oil&Gas Drilling
U.S. Offshore Rig Count Stable at 14 Units
The number of active rigs in the U.S. remained unchanged over the course of last week, according to a weekly rig count report by Baker Hughes.
Oil&Gas Drilling
Total Moves Tyra Project Into the Next Phase Following Jacket Installation
French oil major Total has installed two new jackets for the Tyra field redevelopment project located in the Danish North Sea.
Oil Field
Equinor Plans $2 Billion Breidablikk Oilfield Development
Equinor and its partners in Norway's Breidablikk oil discovery have agreed on an 18.6 billion Norwegian crowns development plan for the North Sea field.
LNG
Chevron Sells More Domestic Gas to Alcoa in Australia
Chevron has signed an agreement to supply a further 37PJ of gas sourced from the three LNG projects located offshore Western Australia to US aluminium group Alc…
Oil & Gas Trade
BPCL Pays for Defaulting Videocon in Brazil Oil Block
State-owned Bharat Petroleum Corp Ltd has been forced to pay for its defaulting partner Videocon Industries Ltd after it had relied on a rarely used model to ac…
Oil Price
Gulf Nations Are Desperate For Higher Oil Prices
the Gulf economies are in dire straits thanks to their overreliance on oil.
Oil Shale
U.S. Shale Producers Devon Energy , WPX Energy in Merger Talks
U.S. shale producer Devon Energy Corp is in talks to acquire rival WPX Energy Inc in an all-stock transaction that would create a combined company worth around…
Solar Company
Japan's *Largest Oil Refiner & JinkoSolar Coperation
JinkoSolar Holding Co Ltd announced its intention to co-operate with ENEOS Corporation, Japan's largest oil refiner, on the provision of solar modules for a Vir…
Crude Oil
Shell Set To Load First Oil From One Of Libya’s Open Ports
Supermajor Shell has provisionally chartered an oil tanker to load crude from one of Libya’s three open ports at the end of next week in what could be the firs…
Solar Power Plant
Total Buys 3.3GW Solar Portfolio and Signs World’s Largest Corporate PPA
Oil major Total has acquired a 3.3-gigawatt solar project pipeline in Spain and will be the offtaker for 3 GW, enough to power its European operations.

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