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Oil & Gas Trade
Russia to Resume Limited Oil Supplies to Belarus Amid Talks
Belarus has reached an agreement with Russia for limited oil supplies after Moscow earlier this week stopped supplying crude amid stalled talks on strengthening…
Nigeria Final Passage of PIB Expected By Mid 2020, Says Sylva
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has said the review of the Petroleum Industry Bill (PIB) is at an advanced stage, while the …
Crude
Tullow Oil Reveals Discovery of ‘Higher Quality’ Crude Offshore Guyana
Tullow Oil PLC (LON:TLW) has revealed a higher quality oil discovery offshore Guyana, in the Carapa-1 well within the Kanuku licence.
Oil & Gas Trade
Greece, Cyprus and Israel Sign Agreement to Build Gas Pipeline
Greece, Cyprus, and Israel have signed an agreement to construct 1,900-kilometer undersea pipeline to carry natural gas from the eastern Mediterranean to Europe…
Oil&Gas Drilling
China's Top Coal Province to Seek Investors Extracting Gas from Abandoned Mines
Shanxi holds about 2,052 sq km of depleted coal mine zones that could contain an estimated 72.6 billion cubic metres of coal-seam gas.
Oil & Gas Trade
Jordan Gets The First Supplies of Israeli Gas
Under the agreement, the U.S.-Israeli consortium will supply Jordan gas for 15 years from the field in the Mediterranean.
Crude
China Sinochem to Start $4.6 Billion Quanzhou Petrochemical Complex in Mid-2020
China Sinochem Group is expected to start up a new crude processing unit and a petrochemical complex in southeastern China around mid-2020, marking the state fi…
Oil & Gas Trade
Venezuela's PDVSA to Deliver Gasoline to Fuel-starved OPEC Nation
With an emoji of a flexing bicep, Venezuelan state oil company Petróleos de Venezuela, S.A., or PDVSA, on Tuesday celebrated what was once a routine task in th…
Oil & Gas Trade
New Dispute Over Oil Could Be Brewing Between Russia and Belarus
Moscow and Minsk have had several oil and gas rows over the past decade in what has been described as love-hate relationship between president Vladimir Putin an…
Oil & Gas Trade
Axxis Geo Solutions finally pens OBN survey deal in the Middle East
Axxis Geo Solutions (AGS), a Norwegian ocean bottom node seismic company, has finally put pen to paper on a long-awaited final contract for a large OBN survey i…
Oil & Gas Trade
Bulgaria Starts Getting Transit-Free Russian Gas Via TurkStream
Bulgaria's Bulgargaz and Russia's Gazprom have agreed for Bulgaria to start receiving Russian gas directly from the TurkStream pipeline rather than through Roma…
Biomass Power Plant
Case study: Fast Boiler Repair at Biomass Plant
Biomass is becoming an increasingly popular fuel solution for power generation. It is one of several technologies being implemented to improve the sustainabilit…
Oil & Gas Trade
Petrofac Clinches Deals Worth £100m in Oman
Oilfield service firm Petrofac said today that it had clinched £100 million worth of work with Petroleum Development Oman (PDO).
Microgrid
What Electrification of Transportation and Buildings Means to Microgrids
The energy industry is poised for what some describe as a sizable investment shift. Oil and gas lose, and power wins with the growing electrification of transpo…
Oil&Gas Drilling
U.S. offshore rig count drops to 23
The number of offshore rigs in the U.S. slipped to 23 units over the last week, according to weekly rig count reports released by Baker Hughes on Friday, Decemb…
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