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Oil & Gas Technology
Gastech Unveils 2023 Strategic Conference Programme, High-Level Keynote Speakers
· Gastech unveils its 2023 strategic agenda and speakers, including participation from senior executives of Baker Hughes, ExxonMobil, Shell, and the Internatio…
Crude Oil
Matahio Energy completes acquisition of onshore assets in New Zealand
TARANAKI, New Zealand, June 6, 2023 - (ACN Newswire) - Matahio Energy has completed the acquisition of a portfolio of six onshore oil and gas licenses in the Ta…
Oil Price
Natural Gas Price News: XNG/USD Bulls Eye $2.30 Amid Economic Optimism, Doubts on US DOE Forecasts
Natural Gas price extends the previous day’s rebound from one-month low.Upbeat China data underpins hopes of recovery in demand from world’s biggest…
Oil Price
Saudi Arabia Goes It Alone at OPEC+ With Million-Barrel Cut
Sausi Arabia's Prince Abdulaziz bin SalmanSaudi Arabia will make an extra 1 million barrel-a-day oil supply cut in July, taking its production to the lowest…
Oil & Gas Supply
Mexico Approves $4.5 Billion Zama Development Plan
Mexican hydrocarbons regulator CNH has approved the development plan submitted by state-owned energy company Pemex and its partners for the Zama shallow-water f…
Natural Gas
Azerbaijan Is One of the Best Places to Produce Renewable Energy
BAKU, Azerbaijan, June 5. Azerbaijan is one of the best places to produce renewable energy, Pattabi Seshadri, Managing Director & Senior Partner, Global Leader …
Crude Oil
Saudi Arabia to Cut Oil Output by 1 Million Barrels per Day to Boost Slumping Prices
The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC's headquarters in Vienna, Austria, on March 3, 2022. (…
Biofuel
Canada Invests in Renewable Diesel, SAF Conversion Project
The Canadian government on May 31 announced plans to invest $86 million into a project that is converting an oil refinery located in Come By Chance, Newfoundlan…
LNG
Biden at Risk of Breaking Climate Promise With $500 Million of Public Finance for Lng Imports in Poland
Biden at risk of breaking climate promise with $500 million of public finance for LNG imports in PolandAt its June 6 board meeting, the U.S. International Devel…
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 …
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