Oil

New Technology
Satellite Detects Methane Gas, A Tool to Curb Climate Change
Oil and gas accidents have long emitted vast amounts of methane, a gas second only to carbon dioxide in its potential to warm the planet. Measuring such release…
Axis Bank Launches Co-branded Credit Card with Indian Oil
This partnership is an effort from Axis Bank and IOCL to expand their presence in the fast-developing credit card ecosystem in India.
Oil & Gas Trade
Russia Hopes to Sign A Dealto Duild An Oil Pipeline With Congo
Russia is hopeful of Russia's TMK and the Republic of the Congo's national oil company, SNPC, signing a deal soon to build an oil pipeline in the West African n…
LNG
Construction of The Controversial LPG Plant Resumes at Puthuvype
Kochi: Construction of the controversial LPG plant at Puthuvype resumed on Monday, two-and-half years after the work was suspended owing to protests by local re…
Cooperation case
China, Philippines Vow to Advance Cooperation in Oil, Gas Exploitation
Chinese State Councilor and Foreign Minister Wang Yi and Philippine Foreign Secretary Teodoro Locsin agreed here on Monday to advance bilateral cooperation in o…
Crude
NNPC's Refineries Record Losses for Nine Consecutive Months
The three refineries belonging to the Nigerian National Petroleum Corporation (NNPC) recorded losses for nine consecutive months, the corporation said in its Se…
Oil & Gas Trade
Israel Becomes Major Energy Exporter After Signing Egypt Gas Permit
Energy Minister Yuval Steinitz called the permit a "historic landmark" for Israel.
Oil & Gas Trade
Oil Poised Near Three-Month Highs on U.S.-China Trade Hopes
Oil prices trickled a fraction lower on Tuesday but remained near a three-month high as investors kept the faith with hopes that a fully fledged U.S.-China trad…
Exxon and Chevron Targeted by Climate-Activist Shareholder Group
The Dutch activist fund that has filed shareholder resolutions pressuring major oil companies in Europe to take action on climate change has set its sights on t…
Oil Price
Oil Prices Fall But Hold Near 3-month High on Trade Deal Agreement
Brent crude oil futures fell 23 cents, or 0.4 per cent to $64.99 a barrel by 0101 GMT, after closing at a near three-month high on Friday.
Solar Company
Shell Snaps up Esco Pacific in Major Push into Big Solar in Australia
Oil giant Royal Dutch Shell has snapped up a near half share in one of the biggest solar developers in Australia as part of a major push to expand its large-sca…
Oil and Gas Technology
South Korean Biochem Company Starts Biodiesel-Petrol Mix Production
SK Chemicals, South Korea's top biofuel producer, has begun research to mix its biodiesel with petroleum-based fuels to produce low-sulfur marine oil that will …
Oil & Gas Trade
Oil Market’s Big Data Show OPEC+ Cuts Fall Short
The three big oil forecasting agencies all see OPEC producers needing to comply fully with output cuts they agreed in Vienna last week if they are to avoid big …
DNO Makes Minor Oil and Gas Discovery off Norway
Oil and gas company DNO is in the process of concluding the drilling of a wildcat well near the Heidrun field in the Norwegian Sea after finding a minor oil and…
Oil & Gas Trade
Aramco Floats to Become the World’s Most Valuable Company
Saudi Arabia’s state-owned oil company, Saudi Aramco, officially became the world’s most valuable company yesterday, after its floating on Riyadh’s stock exc…

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Oil

Satellite Detects Methane Gas, A Tool to Curb Climate Change

Axis Bank Launches Co-branded Credit Card with Indian Oil

Russia Hopes to Sign A Dealto Duild An Oil Pipeline With Congo

Construction of The Controversial LPG Plant Resumes at Puthuvype

China, Philippines Vow to Advance Cooperation in Oil, Gas Exploitation

NNPC's Refineries Record Losses for Nine Consecutive Months

Israel Becomes Major Energy Exporter After Signing Egypt Gas Permit

Oil Poised Near Three-Month Highs on U.S.-China Trade Hopes

Exxon and Chevron Targeted by Climate-Activist Shareholder Group

Oil Prices Fall But Hold Near 3-month High on Trade Deal Agreement

Shell Snaps up Esco Pacific in Major Push into Big Solar in Australia

South Korean Biochem Company Starts Biodiesel-Petrol Mix Production

Oil Market’s Big Data Show OPEC+ Cuts Fall Short

DNO Makes Minor Oil and Gas Discovery off Norway

Aramco Floats to Become the World’s Most Valuable Company