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Oil Field
88 Energy Strikes Second Oil Discovery in Alaska
88 Energy Limited celebrates a significant milestone with the second light oil discovery at the SMD-B reservoir in its Hickory-1 well, Alaska, yielding a peak f…
Crude Oil
Niger and China Sign Crude Oil MoU Worth $400 Mln, Says Niger State TV
Niger has signed a memorandum of understanding with Chinese state-owned oil giant China National Petroleum Corp (CNPC) worth $400 million linked to the sale of …
Oil & Gas Trade
IEA Lowers Global Oil Demand Forecasts on Weak OECD Consumption
The IEA's forecast on Friday stands in stark contrast to Opec's outlook released on Thursday. ReutersThe International Energy Agency has revised down it…
Oil&Gas Drilling
Exxon Moves Forward With Sixth Oil Project in Guyana
Exxon Mobil?s new headquarters are seen under construction in Georgetown, Guyana, February 18, 2024. REUTERS/Sabrina Valle/File Photo Purchase Licensing RightsA…
Hydrogen Production
MOL Group Opens 10 MW Green Hydrogen Plant in Hungary
Hungarian multinational oil and gas company MOL Group has inaugurated a 10-megawatt (MW) capacity green hydrogen plant in Százhalombatta, Hungary, to red…
Oil and Gas Equipment
JSI Alliance completes Basrah Refinery heavy lift shipments for JGC
On 11 March, MV Svenja discharged her cargo of 9 modules. The discharge marked the completion of the JSI Alliance’s scope of work in the Basrah Refinery Upgrad…
Oil & Gas Trade
Exclusive: UAE's Adnoc Recently Eyed BP as Takeover Target, Sources Say
The BP logo is seen at a BP gas station in Manhattan, New York City, U.S., November 24, 2021. REUTERS/Andrew Kelly/File photo Purchase Licensing Rights33.2%.The…
Oil & Gas Trade
Oil Exports From Russia's Baltic Ports Set to Rise 5% in April
Russian oil loadings including Kazakhstan's transit via Primorsk and Ust-Luga ports are set to rise to 7.1 million metric tons (1.73 million barrels per day…
Oil & Gas Trade
Cenovus Energy to Invest $1.5 Billion in Ohio Refineries Over Next 5 Years
Cenovus Energy (CVE.TO), opens new tab on Thursday said it plans to invest $1.5 billion in its Ohio refineries over the coming five years, including Lima and Or…
LNG
Germany's Mukran LNG Terminal Receives Operating Permit
A general view shows pipe systems on a special ship, "Neptune", the floating liquefied natural gas terminal, during the inauguration of the Liquefied Natural Ga…
LNG
Russian LNG Accounts for a Quarter of Spanish Gas Imports in March
A general view shows Enagas liquefied natural gas (LNG) terminal at Zona Franca in Barcelona, Spain, March 29, 2022. REUTERS/Albert Gea/File photo Purchase Lice…
Oil Pipeline
Biden Administration Says Enbridge Pipeline Shutdown Order Should Be Reconsidered
Enbridge Inc logo is seen displayed in this illustration taken April 10, 2023. REUTERS/Dado Ruvic/Illustration/File photo Purchase Licensing RightsThe Biden adm…
Nuclear Reactor
US Companies Sign up With Oklo for Microreactor Power
Oil and gas producer Diamondback Energy Inc has signed a letter of intent on a long-term power purchase agreement to use Oklo's Aurora 'powerhouses'…
Oil Field
Brazil's Petrobras Discovers Oil Deposits in Ultra-Deep Waters of Potiguar Basin
Brazil's state-run oil company Petrobras said on Tuesday it has discovered oil deposits in the ultra-deep waters of the Potiguar basin, in the Equatorial Ma…
United States
Oil steady as U.S. crude stock build offsets Middle East uncertainty
Miniatures of oil barrels and a rising stock graph are seen in this illustration taken January 15, 2024. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Lic…
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