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Oil&Gas Drilling
Angola to Maintain Oil Output at 1.1. Million Bpd Through at Least 2027
Angola is producing about 1.1. million barrels per day of crude, similar to its level before it exited the Organization of the Petroleum Exporting Countries, an…
Oil & Gas Supply
Shell to Close 1,000 Gas Stations to Focus on EV Charging Deployment
Gas and oil giant Shell is looking to close as many as 1,000 retail gas stations in the coming years, as it pivots toward deployment of electric vehicle (EV) ch…
Oil & Gas Supply
Exxon Mobil Eyes 2 Million Bpd of Output in the Permian by 2027
ExxonMobil logo is seen in this illustration taken, October 6, 2023. REUTERS/Dado Ruvic/Illustration//File Photo Purchase Licensing RightsExxon Mobil (XOM.N), o…
Oil & Gas Trade
Enbridge Eyes 120,000 Bpd Expansion to Gray Oak, Texas Oil Pipeline by 2025
The logo of Calgary-based Enbridge, one of North America's largest energy infrastructure companies, is displayed during the LNG 2023 energy trade show in Va…
Oil & Gas Supply
Exxon Mobil Reports Unit Shut After Furnace Fire at Baytown, Texas Refinery
Exxon Mobil (XOM.N), opens new tab reported hydroformer unit 3 was shut after a furnace fire at its 564,440 barrel-per-day (bpd) Baytown, Texas refinery on Sund…
Oil & Gas Supply
Italy Drops Plans for $5.2 Bln Tariff to Cover Gas Storage Costs
Italy's energy authority said it had shelved plans for a tariff to cover the cost of keeping gas stockpiles full, following widespread criticism from energy…
Oil & Gas Supply
Security Measures in Niger Delta Increased Oil Output by 200,000 Barrels – Verheijen
The federal government has settled for fiscal incentives in the Oil and Gas Sector to attract investments.Special adviser (SA) to the President on Energy, Olu V…
Oil & Gas Trade
Pakistani Consortium of Fertilizer Companies to Invest $300 Million for Sustainable Gas Supply
The Sui Southern Gas Company office. — The News fileKARACHI: A consortium of Pakistan’s three major fertilizer manufacturers is investing $300 million to…
Oil & Gas Supply
IEA Sees Relatively Well Supplied Oil Market in 2024
A view of the logo of the International Energy Agency in Paris, France, December 15, 2023. REUTERS/Sarah Meyssonnier/File Photo Purchase Licensing RightsThe glo…
Oil&Gas Drilling
Canadian Oil Producer Cenovus to Boost Production 19% in Five Years
Cenovus Energy (CVE.TO), opens new tab, Canada’s third-largest oil producer, said on Tuesday it plans to boost energy production by 19% during the next fi…
Oil & Gas Trade
Democratic Republic of the Congo (DRC) Seeks to Unlock Estimated 5 Billion Barrels of Oil
With 180 million barrels of proven oil reserves – and up to 5 billion of estimated oil reserves – the Democratic Republic of the Congo (DRC) is emba…
Oil Exploration
FG Eyes 2.5 Million Barrels Daily Oil Production
Brent, the global benchmark for crude oil, witnessed a rise in price in the past three days, crossing $84/barrel on Friday, after trading for an average of $80/…
Oil & Gas Supply
Russia Says to Deepen Oil Output Cuts While Easing Export Limits
Fuga Bluemarine crude oil tanker lies at anchor near the terminal Kozmino in Nakhodka Bay near the port city of Nakhodka, Russia, December 4, 2022. REUTERS/Tati…
Crude Oil
Biden Administration Slowly Replenishes Strategic Oil Reserve
The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020. REUTERS/Adre…
United States
Totalenergies Texas Refinery Running at Minimal Rates, Say Sources
The logo of French oil and gas company TotalEnergies is seen at the company's headquarters skyscraper in the financial and business district of La Defense, …
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