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Oil & Gas Trade
Pakistan Exports Record 90,000 Tons of Fuel Oil in May
KARACHI: Pakistan shipped 90,000 tons of fuel oil in May 2023 to reduce a huge stock built up over the last several months amid low demand in the country, indus…
Oil & Gas Trade
Oil Sales Plunge by 40PC in May Amid Economic Slowdown
KARACHI: The month of May witnessed a staggering 40 percent decline in oil sales compared to the same period last year, as the country grapples with an economic…
Natural Gas
LPG Prices Slashed by RS37/KG for June
ISLAMABAD: The government on Thursday lowered the prices of liquefied petroleum gas (LPG) by 15.88 percent or Rs37/kg for domestic and commercial consumers for …
Oil Exploration
New Mexico Land Commissioner Issues Oil and Gas Moratorium on New Drilling
ALBUQUERQUE, N.M. – State Land Commissioner Stephanie Garcia Richard signed a moratorium preventing new leases for oil and gas drilling operations within …
Oil & Gas Trade
Japan Gas Imports Fall to Two-Decade Low on Energy Savings Push
Source: Ship-tracking data compiled by Bloomberg; Ministry of Finance Japan(Bloomberg) -- Japan’s liquefied natural gas imports last month fell to the low…
Oil&Gas Drilling
China Begins Drilling 32,800-Foot-Deep Hole in Oil-Rich Xinjiang Region
Forget digging a hole to China — now China’s the one digging the really deep holes.The Asian nation has begun drilling a more than 32,800-foot-deep hole …
Oil Price
Oil Treads Water Ahead of OPEC Meeting, Nonfarm Payrolls
Investing.com-- Oil prices moved little in Asian trade on Friday amid caution ahead of key labor data offering more signals on the Federal Reserve’s rate …
Geothermal Heating Project
Transgeo Project Aims to Transform Abandoned Wells for Geothermal
The EU-funded TRANSGEO project aims to develop concepts and technologies that will help repurpose oil and gas infrastructure for geothermal applications.
Natural Gas
Domestic Retail Gas Prices Fall in June
The retail gas prices in domestic market decreased on June 1 following the falling prices in world market.
Clean Energy Transition
Vietnam Approves Power Development Plan for Cleaner Fuels
Power Development Plan VIII ("PDP8") calls for expansions to renewable energy generation and development of LNG facilities to aid a gradual phase-out of coal-fi…
New Zealand
Large Oil Spill Blocks Roads in Central Auckland
Auckland Transport said it was blocking all traffic from Symonds Street to Mt Eden Road. Photo: 123RFA large oil spill is blocking a road in central Auckland.Em…
Oil Field
CNOOC Limited Announces China’s First Offshore CCS Demonstration Project Commissioned
HONG KONG, May 31, 2023 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, SSE: 600938) today announces the official commissioning of China's first …
Electric Vehicles
Advances in Technology Are Driving Popularity of Electric Vehicles, Finds New Research
Transportation accounts for roughly one-third of U.S. greenhouse gas emissions, and adoption of electric vehicles is seen by many experts in government and the …
Oil&Gas Drilling
Dorset: Oilfield Expansion Expected at Waddock Cross Near Affpuddle
A SMALL oil site at Waddock Cross, near Affpuddle, could continue in operation for another decade, with a possible future expansion.World oil prices has meant t…
Natural Gas
Arkansas Gas Prices Slightly Increase
(WENDELL FRANKS)By Region 8 NewsdeskJONESBORO, Ark. (KAIT) - The unofficial start of summer usually means soaring gas prices, but drivers are getting a break at…
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