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Oil&Gas Drilling
CNOOC Limited Brings On-Stream Luda 5-2 North Oilfield Phase II Development Project
CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces that Luda 5-2 North Oilfield Phase II Development …
Gas power plant
ACWA to Acquire Engie’s Assets in Bahrain and Kuwait for $693M
The expansion aligns with ACWA Power’s strategy to triple its assets under management to $250bn by 2030.Saudi Arabia-based energy company ACWA Power has signed…
Crude Oil
Colombia’s Ecopetrol Books Biggest Increase in Proven Oil, Gas Reserves in Three Years
Oil pumpjacks are pictured in an Ecopetrol oil field in Barrancabermeja, Colombia October 11, 2024.Colombia's Ecopetrol (ECO.CN), booked its biggest increase in…
Crude Oil
US Refiners Mull Switch to Alternative Lighter Crudes Amid Trump Tariff Fears
U.S. flags are displayed at Marathon Petroleum's Los Angeles Refinery in Carson, California, U.S., March 11, 2022.Top U.S. refiners are poised to seek alternati…
Crude Oil
US Refiners Mull Switch to Alternative Lighter Crudes Amid Trump Tariff Fears
U.S. flags are displayed at Marathon Petroleum's Los Angeles Refinery in Carson, California, U.S., March 11, 2022.Top U.S. refiners are poised to seek alter…
Gas Pipeline
Kinder Morgan Closes on Us$640 Million Acquisition of a Natural Gas Gathering and Processing System From Outrigger Energy II
Kinder Morgan, Inc. has announced that its subsidiary, Hiland Partners Holdings LLC, closed on its previously announced US$640 million acquisition of a natural …
Oil Field
UK Player Staying on Duty at Giant Oil Field Offshore Qatar for Five More Years
Al Shaheen field in QatarEnerMech, a UK-based integrated solutions provider, has secured a five-year contract extension with North Oil Company (NOC), a partners…
Oil Field
China Completes Drilling of Asia’s Deepest Vertical Well
Staff members pose for a group photo as they celebrate the completion of the drilling of "Shenditake 1," an ultra-deep borehole reaching 10,910 meters, in the h…
Oil Refinery
OMV Petrom Starts Construction of Sustainable Fuels Production Unit at Petrobrazi Refinery
OMV Petrom S.A. (Bucharest, Romania) announced the start of construction for a sustainable aviation fuel (SAF) and renewable diesel (HVO) production unit at the…
Oil & Gas Trade
Texas Gulflink Deepwater Port Secures Marad Approval After Multi-Year Review
Sentinel Midstream's Texas GulfLink deepwater crude oil export terminal has received approval from the U.S. Department of Transportation's Maritime Admi…
Oil Field
Enermech Wins Long-Term Extension for NOC Contract, Offshore Qatar
EnerMech has successfully renewed its contract with North Oil Company (NOC) for an additional five years, continuing to provide leak testing and flange manageme…
Oil Field
Diamondback Energy Announces Midland Basin Deal
Diamondback said it has entered into a definitive purchase agreement to acquire certain subsidiaries of Double Eagle IV Midco LLC.Diamondback Energy Inc announc…
Crude Oil
Oil Exports From Russia’s Busiest Port Unencumbered by Sanctions
A crude oil tanker.Crude-oil exports from Russia’s main Pacific terminal remain robust as shippers and traders — yet again — work around a fresh batch o…
Oil & Gas Trade
Russia’s Oil Product Exports Decline as Diesel Surge Tapers Down
Lights illuminate the site of the Gazprom PJSC Amur gas processing plant, under-construction by China Gezhouba Group Corporation (CGGC), as part of the Power Of…
Oil Price
China to Cut Gasoline, Diesel Retail Prices on Thursday
China will reduce the retail prices of gasoline and diesel on Thursday, the first such move this year, based on recent changes in international oil prices, the …
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