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Oil & Gas Trade
Venezuela Opposition Divided by Proposal for Iraq-Style 'Oil-for-Food' Program
A proposal to modify U.S. oil sanctions on Venezuela to allow crude exports to be bartered for food has divided the country’s opposition between those who say …
Oil&Gas Drilling
Conservation Groups have Sued the Trump Administration
Conservation groups have sued the Trump administration for leasing roughly 4,200 acres of public lands for oil and natural gas drilling and helium fracking in n…
Oil and Gas Equipment
Saudi Aramco will Reducing Reliance on Hormuz by Finishing Pipeline Expansion
Saudi Aramco expects to complete the expansion of an oil pipeline that runs east-west across the country by September, increasing the amount the kingdom can shi…
LNG
India to Drive the Capacity Growth of LNG Regasification Industry in Asia, Oceania
India is expected to drive capacity growth in Asia and Oceania’s liquefied natural gas (LNG) regasification industry from planned and announced (new-build) pro…
Crude
The Extension of the OPEC+ Oil Production Cuts will Impact the Economies of Arab
The extension of the OPEC+ oil production cuts into 2020 will impact the economies of the key Arab oil producers, according to a quarterly Reuters poll of 30 ec…
China National Offshore Oil Corporation
China National Offshore Oil Corporation is the largest offshore oil and gas producer in China. Headquartered in Beijing, CNOOC was founded in 1982.
Oil & Gas Trade
China’s Relationship with Iran is Being Put to the Test After US Sanctions
China’s relationship with Iran is being put to the test after US president Trump slammed sanctions on Chinese state-run energy company Zhuhai Zhenrong for alle…
Oil&Gas Drilling
Eni has Made a Gas and Condensate Discovery in Offshore Vietnam
Eni said the exploration well was plugged and abandoned before reaching target depths due to "technical issues" leaving further target rock for future testing t…
China National Petroleum Corporation(CNPC)
China National Petroleum Corporation is the world’s 3rd largest oil company based in China and plays a leading role in China's petroleum industry.
Oil & Gas Trade
Iran Foreign Minister Said Iran will Use its Best Efforts to Secure the Strait of Hormuz
Iran will secure the Strait of Hormuz and not allow any disturbance in shipping in the key oil transport waterway, Iranian Deputy Foreign Minister Abbas Araqchi…
Oil&Gas Drilling
Qatar Petroleum Enters Offshore Blocks Of Kenya
State-owned oil firm Qatar Petroleum announced Tuesday the acquisition of interests in three blocks in offshore Kenya, Kallanish Energy reports.
Oil&Gas Drilling
NNPC Signed a $3.15billion Agreement for the Development of Oil Mining Lease 13
The Federal Government’s dream to attain 40 billion oil reserves received a boost yesterday, as the Nigerian National Petroleum Corporation, signed a $3.15bill…
Oil & Gas Trade
China’s Foreign Ministry Said that it Strongly Opposes U.S. Sanctions
China’s foreign ministry said on Tuesday that it strongly opposes U.S. sanctions on a Chinese energy firm for allegedly violating restrictions imposed on Iran…
Oil & Gas Trade
The International Energy Agency is Closely Monitoring Developments in the Strait of Hormuz
The International Energy Agency is closely monitoring developments in the Strait of Hormuz, including the recent seizure of a UK-flagged oil tanker, and stands …
Crude
Oil Prices Edged Higher Amid Lingering Concerns About Possible Supply Disruptions
Oil prices edged higher on Tuesday amid lingering concerns about possible supply disruptions in the Middle East, but an overall weaker demand outlook kept a lid…
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