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Oil
Expression of Interest for development of STO oil terminal master plan
Expression of Interest (EOI) for development of STO oil terminal master plan
Oil&Gas Drilling
ReconAfrica Commences Drilling Operations in Kavango Basin
Reconnaissance Energy Africa Ltd. has commenced drilling operations on the first well (6-2), of an initial three well program, in the deep Kavango Basin in the …
Energy Infrastructure
Neptune Energy Awards $6.5M Contracts for Cygnus Gas Facility
Neptune Energy has announced the award of integrity management and fabric maintenance contracts for its operated gas production platform, Cygnus, to Oceaneering…
Natural Gas
Sinopec, SIBUR Set up Joint Venture
SIBUR and Sinopec will hold respective interest in the joint venture in the amount of 60 percent and 40 percent.
Oil Price
Hike in Petrol, Diesel Rates after Global Oil Price Jump
Accordingly, in the national capital, petrol was sold at the new record high level of Rs 84.45 from the previous days of Rs 84.20 a litre while diesel price inc…
Crude Oil
Altrad Snaps up Contracts Worth £30m for Work at Major Oil Refinery
Industrial services giant Altrad has signed two long-term contracts with a major oil refinery on the east coast of England, worth an estimated £30 million.
Crude Oil
PetroChina's Overseas Oil and Gas Equity Production Exceeded 100 million tons
This is another 100 million tons after the overseas oil and gas equity production equivalent exceeded the 100 million tons mark for the first time in 2019.
Biofuel
Trump Administration Expected to Grant Biofuel Waivers for Some Oil Refiners
USA-BIOFUELS-Exclusive: Trump administration expected to grant biofuel waivers for some oil refiners - sources
Oil&Gas Drilling
Paradigm Drilling Services and Toolserv form Strategic Alliance
Paradigm Drilling Services, part of the Paradigm Group headquartered in Groot-Ammers, Holland, have announced their strategic alliance with Stavanger-based oil …
Crude Oil
Iran Signs 8 more Oil Projects as Part of plan to Boost Output by 355,000 b/d
The National Iranian Oil Co. on Jan. 11 signed eight more oil projects as part of a $6.2 billion national program started in January 2019 to boost oil productio…
Crude Oil
Almost Half of South Africa’s Oil Refining Seen Shut Until 2022
South African plants owned by Glencore and Petroliam Nasional that make up 43% of the nation’s oil-refining capacity are expected to stay shut until at least 2…
Oil & Gas Trade
Iran: Foreign Oil Firms Must Accept New Terms To Work In Country
Foreign energy firms and contractors have to accept Iran’s new terms and conditions if they return to work in the country, Iran’s Oil Minister Bijan Zanganeh …
Net Zero Emission
Top Global Oil Exporter Saudi Arabia Launches Car-Free, Zero Carbon Emissions City
Prince Mohammed bin Salman said in televised remarks that the city, which will be capable of housing one million residents, would comprise "carbon-positive urba…
Crude Oil
OPEC Crude Output Cuts Should Help U.S. Shale Profits in 2021
U.S. crude oil production has fallen 2 million barrels per day in the last year as low prices and demand forced shale producers to cut their losses
Market Analysis
Wood Mackenzie reveals energy sector’s top ten trends in 2021
Wood Mackenzie analysts on what we should expect in energy in the coming year, from oil markets to solar costs and coal exports to EVs.
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