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Oil
Oil Price
Oil Prices Steady as Build-up in Us Crude Stocks Eases Supply Fears
Workers on an oil drilling rig in Stanton, Texas. US crude stocks increased by 2.4 million barrels last week, the US Energy Information Administration said. AFP…
Oil & Gas Trade
Dana Gas Reports 53% Rise in 2022 Adjusted Net Profit on Higher Oil Prices
The Khor Mor gas complex, operated by Crescent and Dana Gas, in the Kurdistan Region of Iraq. Photo: Crescent PetroleumDana Gas, one of the largest private natu…
Oil & Gas Trade
What Would War-End Mean for Global Oil and Gas?
The end of the war in Ukraine would reduce pressure on Western governments to continue expanding sanctions on Russia’s oil and gas sector.That’s acc…
Oil & Gas Trade
India Will Buy Oil From ‘Wherever We Have to’ if Terms Are Beneficial, Energy Minister Says
India will secure oil from anywhere as long as the terms are beneficial, India’s energy minister told CNBC.India is the third largest oil consumer in the …
Oil & Gas Trade
BP Posts Record Profit and Raises Dividend on Oil Price Boost
Fuel prices at a BP filling station in Liverpool. BP will invest up to $1 billion a year in 'high quality' oil and gas projects. PAOil company BP has po…
Oil & Gas Trade
Turkey’s Ceyhan Oil Port Disrupted by Weather as Earthquake Damage Assessed
Adverse weather conditions are obstructing loading operations at Turkey’s Ceyhan port, where the impact of Monday’s immense twin earthquakes is stil…
Oil Price
Oil Prices Steady Amid Prospects of Fuel Demand Rebound in China
Global oil demand is set to surge to record levels this year as China's economy recovers. GettyOil prices were steady in morning trade on Monday as the pros…
Oil Price
Oil Prices Rise Amid Signs of Tightening Demand
Traders at the New York Stock Exchange. Analysts expect the price cap on Russian refined product exports to have a bigger impact on global crude flows than the …
Oil Pipeline
Ajaokuta-Kaduna-Kano (AKK) gas pipeline in Nigeria
Developed by the Nigerian National Petroleum Corporation (NNPC), the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project entails the construction of a 614km-long na…
Hydrogen Project
Green Hydrogen Promises to Boost Brazil-Germany Relationship
At the forefront of the green hydrogen economy, Germany sees Brazil as a strategic fuel supplier, a big bet to replace oil, gas and coal and meet climate target…
Hydropower Plant
Statkraft Hydro Assets to Power Ineos Inovyn Facilities
The power agreement between Statkraft and INEOS Inovyn was signed on Friday 3 February. From the left, Terje Aasland, Norway's Minister of Oil and Energy, R…
Oil & Gas Supply
Gas Supply Secured for Peak Power Demand: Rk Singh
Fuel supply for gas-based power plants has been secured for the anticipated peak demand, Power Minister RK Singh said on Sunday. If needed, section 11 of the El…
Oil & Gas Trade
Energy Workforce & Technology Council: Oilfield Services Employment Highest Since March 2020
(WO) — Employment in the U.S. oilfield services and equipment sector rose by an estimated 3,069 jobs to 652,090 in January, according to preliminary data from …
Natural Gas
Russia’s Natural Gas Production Fell by More Than 13% In 2022
Russia’s natural gas production fell by more than 13% in 2022, according to preliminary data published by the Russian state statistics service Rosstat. As…
Oil & Gas Trade
Shell and Conocophillips More Than Doubled Their Earnings in 2022
The British oil and gas company Shell has released its 2022 results, posting a US$40bn profit for the year, a more than twofold increase compared to its 2021 ea…
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