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Oil & Gas Supply
Fuel Station Demolished, Barge Set Ablaze Over Link With Oil Theft
A petrol Filling station in Opete, Udu local government area, Delta state and a barge has been destroyed over their alleged link with illegal bunkering activiti…
Oil Price
Oil Prices End 2022 Higher Despite Demand Concerns
A surprise rise in US crude stocks is weighing on futuresA trader at the New York Stock Exchange. Brent, which hit a 14-year high of $140 a barrel in March, has…
Oil Price
UAE petrol and Diesel Prices to Fall in January
Motorists across the Emirates will pay less at the pumpsPetrol prices in the UAE for January have been announced. Pawan Singh / The NationalThe cost of petrol a…
Oil Pipeline
Former Petrobras Official To Lead Brazil’s State Run Oil Company
President-elect Lula da Silva names Jean Paul Prates to head the company amid renewables pushBrazil's president-elect Lula da Silva, announced that senator …
Oil & Gas Supply
Global Oil Demand Could See Surprise Surge in 2023, Says Top Hedge-Fund Trader
But electric-vehicle adoption may stand in way to full return to trend, says Pierre AndurandGlobal demand for crude oil could see a bigger surge than traders an…
Natural Gas
You need to be visible to get an energy sector job in 2023 – Experts
Nigeria’s energy sector is vast, with many job vacancies across the renewable energy and hydrocarbon (oil and gas) sectors.People working in the sector kn…
Oil & Gas Trade
Aramco Refining Unit Luberef Begins Trading on Tadawul After $1.32BN IPO
Company's listing is Saudi Arabia's third-largest IPO this year after Americana and Nahdi MedicalThe Tadawul All Share Index, the Arab world's large…
Oil & Gas Trade
Exxon Sues EU in Move to Block New Windfall Tax on Oil Companies
Record profits by oil companies benefiting from high energy prices have boosted inflation around the worldExxon said it will factor in the tax as it considers f…
Oil Price
Oil Prices Drop as China’s Surging COVID-19 Cases Raise Demand Concerns
Countries are imposing travel restrictions on the world's largest crude importerPump jacks in Argentina. The outlook remains highly uncertain for oil market…
Natural Gas
Oman to Set Up Integrated Company to Manage Natural Gas Assets
Move is expected to improve the Gulf country's economic indicatorsOman, the largest non-Opec producer in the Middle East, expects to post a budget deficit i…
Oil Price
Moscow Restrains Response to G7 Price Cap
A long-awaited decree signed by President Vladimir Putin this week prohibiting Russian oil exports to countries working under the G7 price cap was perceived as …
Oil Refinery
Sanctions to Choke Russian Refining Sector
The outgoing year was a wild ride for Russia’s downstream, which pulled off a remarkable rebound after a dizzying, postwar decline.2023 promises even more…
Oil&Gas Drilling
Somalia Rejects Genel Energy’s “Illegal Claim” to Oil Permits
NAIROBI, Dec 28 (Reuters) - Somalia rejected on Wednesday what it called an "illegal claim" by Genel Energy (GENL.L) to oil exploration and exploitation rights …
Oil & Gas Trade
Putin Bans Export of Russian Oil to Countries That Implement Price Cap
Moscow: President Vladimir Putin Tuesday delivered Russia’s long-awaited response to a Western price cap, signing a decree that bans the supply of crude o…
Oil & Gas Trade
AD Ports Group Signs Major Agreements With Kazakh National Oil Company Subsidiary
ABU DHABI, (UrduPoint / Pakistan Point News / WAM - 28th Dec, 2022) AD Ports Group has signed a shareholder agreement with KMTF (Kazmortransflot), a fully-owned…
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