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Saudi Economy Grows just 0.3% in 2019 as Oil Sector Shrinks
Saudi Arabia’s economy grew by a weaker-than-expected 0.3% in 2019 as the oil sector contracted sharply, official data showed on Sunday, although the non-oil s…
Oil Price
Russia's Putin Says Current Oil Prices Acceptable
Russian President Vladimir Putin said on Sunday that current oil prices were acceptable and that Russia had the tools to react to any negative effects of the sp…
Oil&Gas Drilling
Arctic Oil Drilling Plan Coming Soon, U.S. Interior Chief Says
The Trump administration is moving to sell drilling rights in the Arctic National Wildlife Refuge, Interior Secretary David Bernhardt said Saturday.
Wind Power Project
Spanish Oil Group Repsol Becomes Major Wind Power Developer
Repsol has added an 860MW wind complex in northern Spain to its development portfolio, in effect turning the Spanish oil & gas company into a major wind develop…
Trrnsformer & Switchgear
Tenders are invited for Procurement of New lnsulating Oil ,EIIV grad for Trrnsformer & Switchgear.
Tenders are invited for Transformer oil
Tenders are invited for Transformer oil
China National Petroleum Corp names Li Fanrong as New General Manager
China National Petroleum Corp (CNPC) said on Friday that Li Fanrong had been appointed as new general manager of the group, the company said in a statement post…
Crude
Russia: Coronavirus Impact On Oil Is Worse Than Expected
Russia continues to refuse to announce its position regarding deeper cuts by the OPEC+ coalition, but admitted that the coronavirus outbreak could lead to addit…
Oil&Gas Drilling
Lebanon Begins 'Historic' Offshore Oil Drilling Amid Crisis
Lebanon's president Thursday inaugurated the Mediterranean country's first offshore exploratory drilling for oil and gas, calling it a “historic day” for the …
Invited for Providing Provision of Site Service for Ups System
Tender are Invited for Providing Provision of Site Service for Ups System in Halfaya Oil Field.
Oil & Gas Trade
China-Myanmar Gas Pipeline Imports of Natural Gas made a Breakthrough Last Year
The reporter recently learned from Kunming Customs that the natural gas imports of China-Myanmar oil and gas pipelines will exceed 5 billion cubic meters in 201…
BP Exits Hat-Trick of US Trade Associations Over Climate Policies
Oil giant BP has announced that it will exit three US trade associations after a climate review.
Oil Price
Oil Prices Steady but Virus Fears Continue to Weigh
Oil prices steadied on Wednesday in Asia, but virus fears continued to weigh as the spreading showed no signs of slowing.
Virginia Lawmakers Vote to Ban Offshore Oil Drilling
Virginia is moving to block drilling for oil off the state’s coast under legislation that passed through both the House of Delegates and state Senate this week…
Crude
Coronavirus Punches Hole In Oil Market That OPEC Can’t Fix
The coronavirus epidemic is a black swan that has severely disrupted the outlook for the global oil market, and at this moment it remains unclear how large the …

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