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Crude Oil
China’s CNPC Looks To Revive Oil Projects In Venezuela
The China National Petroleum Corporation is preparing to return to Venezuela after the Maduro government finalizes legislation seeking to attract more foreign c…
Crude Oil
World’s Biggest Miner BHP Quits Oil In Megadeal With Woodside
BHP is offloading its oil and gas assets in an all-stock merger of its petroleum division with Woodside, which will create one of the world’s top ten independe…
ECOMOF 2021-3rd ECOWAS Mining & Petroleum Forum
The 3rd ECOWAS Mining & Petroleum Forum Happens in Niamey, Republic of Niger; The Republic of Niger, Niamey, is the ECOWAS member state hosting the 3rd ECOWAS M…
Guyana
Guyana Creating New Authority for Oil Sector
The petroleum commission will also insulate the sector "from undue political interference" and remove responsibilities from government ministers
Hydrogen Project
Sinopec Supplied More Than 200 tons of Hydrogen to Shanghai
According to Sinopec, its subsidiary Shanghai Petroleum has supplied more than 200 tons of hydrogen to Shanghai with a daily hydrogen supply capacity of 2,000 k…
Oil Field
Two New Deals Awarded for Qatar’s Giant Offshore Oilfield
NOC is a joint venture between Qatar Petroleum and TotalEnergies.
Oil Price
India May Join China In Bid To Lower Oil Prices
The world’s third-largest crude oil importer, India, could join China in tapping into its strategic petroleum reserve in a bid to sell lower-priced crude to it…
Crude Oil
Pakistan: Crude Oil Imports Surge 317pc in May
Imports of crude oil increased by a whopping 317 per cent in May which translated into higher than expected production of petroleum products by local refineries…
Electric Vehicle Charging
India: HPCL & Tata Sign EV Partnership
Hindustan Petroleum Corporation Limited has signed an agreemnt with Tata Power, to provide end-to-end EV charging stations at HPCL’s retail outlets in multiple…
Coal Trade
Venezuelan Coke Sold in China, Tunisia
At least three cargoes of Venezuelan petroleum coke have recently been sold in China and north Africa, according to market participants.
Oil Price
Oil Prices Drop After Saudi-UAE Reach Output Compromise
The deal between the two Gulf producers means that members of the Petroleum Exporting Countries (OPEC), Russia and other producers, a group known as OPEC+, will…
Oil Price
Oil Falls Slightly Despite Crude Draw
The American Petroleum Institute on Tuesday reported a draw in crude oil inventories of 4.079 million barrels for the week ending July 9, bringing the total 202…
Oil&Gas Drilling
U.S. Drilling Approvals Increase Despite Biden Climate Pledge
The Interior Department approved about 2,500 permits to drill on public and tribal lands in the first six months of the year
CCS
Sinopec Launches China's First Megaton CCUS Project
China Petroleum & Chemical Corporation announced on July 5 that it will start the construction of China's first megaton carbon capture, utilization and storage …
Nigeria
The Petroleum Industry Bill and the Quest for a New Nigeria
LAST week, Thursday July 1, the Senate finally passed the long-awaited Petroleum Industry Bill, PIB.
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