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Oil
Why would Anyone buy Saudi Aramco?
Saudi Aramco makes more money than any other company on Earth. But low oil prices, the climate crisis and geopolitical risk could deter investors from buying in…
Oil & Gas Trade
Serbia and Russia Agree on Expanding Volumes of Underground Gas Storage Facilities
Serbia has reached an agreement with Russia on expanding the volume of underground gas storage facilities from 750 million to abour 2 billion cubic meters, Serb…
Oil and Gas Equipment
How Nigeria can Curb Oil Revenue Losses
To curb oil theft challenges, there is a need for closer community engagement among critical stakeholders if the nation will effectively realise its revenue tar…
Oil&Gas Drilling
UAE Announces New Oil And Gas Reserves in Abu Dhabi
The Supreme Petroleum Council (SPC), the highest energy decision-making authority of the United Arab Emirates, announced on Monday major increases in Abu Dhabi …
Crude
Brazil doesn't yet Know How Much Oil has been Spilled on the Atlantic Ocean
The oil, which began washing up along Brazil’s coast in August, has hit over 300 beaches in nine states of Northeast, many of them popular tourist spots.
Industrial Safety Expertise for Boilers, Steam and hot Water Pipelines
Tenders are invited for Provision of industrial safety expertise for boilers, steam and hot water pipelines.
Oil And Gas Majors Must Cut Production by 35% to Keep with Paris Agreement
A new report by UK non-profit climate change think tank Carbon Tracker says the world’s listed oil and gas majors must cut combined production by 35% before 20…
Oil&Gas Drilling
UK Government Will Halt Controversial Fracking Because of Earthquake Fears
The announcement comes after a report by the Oil and Gas Authority (OGA) found it is not currently possible to accurately predict the probability or magnitude o…
LNG
Senegal Enters The LNG Race with Significant Offshore Discoveries
At present when it comes to emerging liquefied natural gas (LNG) plays the eyes of the world are on Africa’s eastern coast and the activities around Mozambique…
Big Oil, Big Corn both Blast Trump Biofuel Plan
Corn farmers, ethanol producers, refinery representatives, energy traders and state and local officials from the Midwest all blasted the Trump administration’s…
Crude
Russia: US Smuggling Syrian Oil Worth $30 million a Month
Russia has slammed President Donald Trump's plan to deploy troops into Syrian oil fields as “criminal activity,” accusing the US of seeking to smuggle out oil…
Oil Price
Oil Price can Never Get to above $100 per Barrel in Our Lifetime
Speaking as a guest lecturer at the first convocation ceremony of Edo University, Iyamho, Edo State, Emefiele said, “oil price can never get to above $100 per …
Oil&Gas Drilling
Russia’s Oil Output Still Exceeds OPEC+ Cap Even as Gap Narrows
Russia’s average daily oil production remained above its OPEC+ target in October, though the compliance gap is the narrowest since the Druzhba crude-contaminat…
Oil & Gas Trade
Oil Prices Fall As EIA Reports Large Crude Build
Analysts expected a build of 729,000 barrels for last week after a 1.7-million-barrel draw interrupted a string of five weekly inventory builds, which added mor…
Oil & Gas Trade
South Korea's LNG Imports to Fall on New Nuclear, Coal Plants
South Korea’s imports of liquefied natural gas are set to fall over the next five years after reaching record volumes in 2018, squeezed by the start-up of new …
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