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Crude Oil
Angola Aims to Ramp up Oil Production
Angola, Africa’s second-largest oil producer after Nigeria, will need foreign and government investments to discover up to 57 billion barrels of crude oil by 2…
Oil Field
Saudi Arabia Announces Siscovery of New Oil, Gas Fields
The two fields, Hadat Al-Hajrah gas field in the Al-Jawf region and Abraq Al-Talul oil field in the northern border region, were discovered by the Saudi Arabian…
Oil&Gas Drilling
Oil Major Equinor Stops Drilling In U.S. Shale Patch
Norway's Equinor will not drill any more wells in the U.S. shale patch this year as it adjusts to a lower-for-longer oil price environment.
Oil Price
Putin Would Like To See Oil Prices Above $46 Per Barrel
It would be better for Russia if oil prices were higher than $46 a barrel, Russian President Vladimir Putin said on Thursday.
Oil & Gas Trade
Iraq Cuts Oil Exports in August, Pumps Below OPEC+ Target
Iraq's crude oil exports have fallen so far in August, according to shipping data and industry sources
China
PetroChina Posts $4.4 Billion H1 Loss, Pledges Near-Zero Emissions by 2050
PetroChina Co pledged on Thursday to cut emissions to near zero by 2050, as it reported a plunge to a first-half net loss of 29.98 billion yuan on lower oil pri…
Oil Field
Iran Fast Tracks Development Of Huge West Karoun Oil Field
The West Karoun fields together contain at least 67 billion barrels of oil in place and, with an average recovery rate currently of only around 4.5 per cent.
Oil & Gas Trade
U.S. Oil Exports to China Soar 139% in July
U.S. crude oil exports to China grew by 139 percent on the year in July thanks to bargain hunting among Chinese buyers, making the U.S. the fifth-largest suppli…
What Substitutes Can We Use Instead Of Fossil Fuels?
More than ever, humanity is dependent on fossil fuels, with world consumption of petroleum, natural gas, and coal rising a little every year.
Invited for Gas bottle reserve 190gr
Tenders are invited for Gas bottle reserve 190gr
Oil & Gas Trade
Azerbaijan's Exports of Petroleum Products Increase by 16% in the First Seven Months of 2020
From January to July 2020, Azerbaijan exported 706,000 tons of petroleum products, valued at US$190 million.
Smart Energy
Hydrogen-Based Steel Production Starts at Dillinger
Germany’s first hydrogen-based steel production plant that uses the green gas as reducing agent in the blast furnace has begun operation in Dillingen.
Clean emission
55% EU Emissions Cut ‘Achievable by 2030’
The EU can achieve 55% reduction in greenhouse gas emissions by 2030 compared to 1990.
Oil Field
Brazil's Petrobras Puts Another Small Refinery and 26 Oilfields on the Block
Brazil's Petrobras has initiated the sale process for a group of 26 onshore and shallow water oilfields and a small nearby refinery in the northeastern part of …
Germany
E.ON Further Expands Commitment to Green Gas
Germany multinational energy company E.ON is further expanding its commitment to green gas by joining the European Clean Hydrogen Alliance.
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