Oil

Oil Price
Oil Refining Companies Hit by Triple Whammy
South Korean oil refining companies face a triple whammy.
Market Analysis
IEA: Natural Gas Demand To See Largest Drop Ever In 2020
Despite some uptick in consumption in recent months, the world’s demand for natural gas is still set to see its biggest drop on record in 2020.
Market Analysis
Goldman Sachs: Biden Win Is Bullish For Oil
A Joe Biden win at next month’s U.S. elections will likely be an upward catalyst for oil prices because it will increase costs for the shale patch and will lik…
Oil Price
The Next Couple Of Months Are Crucial For U.S. Oil
The U.S. oil industry faces a bumpy road to recovery from the steepest slump in oil demand in history.
Oil&Gas Drilling
Hibiscus Petroleum Buys into 3D Oil License off Australia
Malaysia’s Hibiscus Petroleum has completed its 50 per cent acquisition of interest in the exploration permit VIC/P74 offshore Australia from 3D Oil.
Crude Oil
Libya to Resume Oil Production at Largest Field Amid Talks
Libya's prized, light crude has long featured in the North African country's civil war with rival militias and foreign powers jostling for control of Africa's l…
Oil Field
BP Starts Oman's Giant Ghazeer Gas Field
BP started production at Oman's giant Ghazeer natural gas field in Oman which is set to underpin the company's oil and gas output for years even as it shifts to…
Iran
Iran Names New Opec National Representative
Iran's oil minister Bijan Namdar Zanganeh has appointed Afshin Javan as the country's new national representative to Opec, replacing Mohammad Taeb, who had been…
Oil Field
Russian LUKOIL Proceeds with Filanovsky Field Phase Two Development
The second phase aims to keep oil production at the planned rate of 6 million tonnes a year.
Crude Oil
Daily Crude Oil Production Hits over 718K Barrels in the Sultanate
The Sultanate’s daily crude oil production stood at 718,700 barrels during September 2020, a drop by 0.18 percent compared to the daily production in August 20…
Market Analysis
Argentina’s Oil Boom Is Showing Signs Of Life
After the devastating impact of the COVID-19 pandemic on its economy, there are signs that Argentina’s once burgeoning oil industry is coming back to life.
Geothermal Power Plant
Geothermal Energy Market Heats Up As Big Oil Moves In
Installed geothermal capacity is forecast to expand in the next five years as energy companies diversify into alternative markets, driven by the accelerating en…
LNG
POSCO Targets LNG Storage Market by Teaming up with ExxonMobil
POSCO has joined hands with ExxonMobil to make a foray into the liquefied natural gas (LNG) storage and fuel tank market.
Smart Grid
Hellenic Petroleum Finishes Takeover of Juwi’s 204 MW Solar Power Project
Oil company Hellenic Petroleum has completed the takeover of one of the largest solar photovoltaic projects in Europe from German developer juwi Holding.
Crude Oil
OPEC: Oil Demand to Decline after Plateauing in Late 2030s
World oil demand will plateau in the late 2030s and by then begin to decline.

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Oil

Oil Refining Companies Hit by Triple Whammy

IEA: Natural Gas Demand To See Largest Drop Ever In 2020

Goldman Sachs: Biden Win Is Bullish For Oil

The Next Couple Of Months Are Crucial For U.S. Oil

Hibiscus Petroleum Buys into 3D Oil License off Australia

Libya to Resume Oil Production at Largest Field Amid Talks

BP Starts Oman's Giant Ghazeer Gas Field

Iran Names New Opec National Representative

Russian LUKOIL Proceeds with Filanovsky Field Phase Two Development

Daily Crude Oil Production Hits over 718K Barrels in the Sultanate

Argentina’s Oil Boom Is Showing Signs Of Life

Geothermal Energy Market Heats Up As Big Oil Moves In

POSCO Targets LNG Storage Market by Teaming up with ExxonMobil

Hellenic Petroleum Finishes Takeover of Juwi’s 204 MW Solar Power Project

OPEC: Oil Demand to Decline after Plateauing in Late 2030s