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Oil Field
New Oil Field Comes Online Offshore Malaysia
Petronas has announced that the East Cendor field in Block PM304, offshore Malaysia, has achieved first oil production.
Oil Field
Eni Cheers New Oil Find Offshore Mexico
Italian oil company Eni has made an oil find in Upper Miocene sequences on the Sayulita Exploration Prospect in Block 10 in the mid-deep water of the Cuenca Sal…
Oil Field
Two New Deals Awarded for Qatar’s Giant Offshore Oilfield
NOC is a joint venture between Qatar Petroleum and TotalEnergies.
Oil Field
China’s First Deepwater Oil Project Reaches Full Capacity
China has launched full-capacity production at its first independently developed deepwater oil project, which is located in the eastern section of the South Chi…
Crude Oil
APA, TotalEnergies Drill Successful Appraisal Well Offshore Suriname
APA Corporation announced drilling success and updated the status of its appraisal program offshore Suriname in Block 58.
Crude Oil
Halt in Fuel Price Revision Continues, Global Oil Rates Above $75/bbl
In the national capital, petrol continued to be sold for Rs 101.84 per litre, while diesel was being sold at the unchanged rate of Rs 89.87 a litre on Sunday.
Crude Oil
Oil Prices Slide on Worries over China Economy and Higher Crude Output
Brent crude oil futures skidded 81 cents, or 1%, to $74.60 a barrel by 0116 GMT.
Australia
Oil Search, Santos Close to Deal to Create Top 20 Global Oil Firm
Oil Search said on Monday it intended to recommend an improved buyout offer from Santos Ltd, worth A$8.4 billion, in a deal that would create a top-20 global oi…
Crude Oil
Cambodia Stops Offshore Oil Extraction After KrisEnergy goes Bankrupt
Cambodian Prime Minister Samdech Techo Hun Sen said on Sunday that the kingdom's first-ever oil extraction had come to a full stop after Singapore-based oil and…
Crude Oil
China’s Crackdown on Excess Capacity to Impact Crude Oil Imports
China’s drive to lower emissions, is expected to have a negative impact on crude oil imports from private refineries.
Oil Refinery
No Official Explanation For Fire At Iran Oil And Gas Installation
The spokesman of Arvandan Oil and Gas Company, a major subsidiary of the National Iranian Oil Company operating in the oil-rich province of Khuzestan
Oil Shale
New Mexico’s Permian Output Rises – will a Modest Shale Recovery Follow?
New Mexico’s oil production surged to a record in May highlighting the Permian Basin’s role as the shale industry sees some recovery from the pandemic.
Energy Investment
Dhaka Seeks US-Investment in Off shore's Oil, Gas Exploration
Tawfiq-e-Elahi Chowdhury encouraged ExxonMobil officials to invest in Bangladesh during a meeting held with senior officials of ExxonMobil at the Bangladesh Emb…
Oil Field
Russians Decide Against Selling Iraqi Oilfield to China
Russia’s Lukoil PJSC is retracting its decision to sell its stake in West Qurna-2 field in the south to Chinese companies.
Crude Oil
Energy Import Bill up 131 pct in June 2021
Turkey's energy import bill increased by 131 percent to $3.63 billion in June this year compared to the same month last year.
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