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Oil Field
First Oil at Norway's Rolvsnes Field
Norway-focused independent Lundin Energy has started crude production from an extended well test at the Rolvsnes field in the Norwegian North Sea.
Crude Oil
Pipeline Leak Cuts Libya’s Oil Production By 70,000 Bpd
Libya’s crude oil production fell on Monday by 60,000-70,000 barrels per day because pumping crude at an oilfield had to be reduced because of a leak in a pipe…
Crude Oil
DPR Plans Incentives for Operators, Eyes 50bn Barrels Oil Reserves
According to him, effective implementation of the MER strategies would deliver greater value overall to all stakeholders.
Oil Price
Oil Slides 4% on China Virus Curbs and Climate Warning
A United Nations panel's dire warning on climate change also added to the gloomy mood after fires in Greece have razed homes and forests and parts of Europe suf…
Oil & Gas Conference
The Oil & Gas Conference offers investment professionals the opportunity to listen to the world's key senior management teams present their growth plans and…
Oil Price
Aramco Posts Nearly 300% Leap in Second-Quarter Profit as Oil Demand Recovers
Saudi state oil giant Aramco reported a stunning 288% increase in net income to $25.5 billion for the second quarter, while maintaining its dividend of $18.8 bi…
Crude Oil
Zanganeh: Iran Prepared to Return to Int’l Oil Market
Iran is ready to return to the international oil market at the highest level when a political agreement is reached between Iran and the world powers, and the un…
Energy Technology
PNOC Studies Deuterium As Possible Fuel, Power Source
STATE-LED Philippine National Oil Co. said it is in the initial stage of exploring the production of fuel from deuterium.
OPEC
Opec+ Adds Around 700,000 b/d in July
The Opec+ group added 680,000 b/d to its crude output last month, boosted by higher quotas and the end of Saudi Arabia's extra cut.
Oil & Gas Trade
US June Oil Exports Rise, Boosted by India, South Korea
US crude exports rose by about 28pc in June led by a sharp increase in shipments to India and South Korea.
Oil Exploration
Enersea Inks FEED Deal with Petrogas Offshore Netherlands
Enersea has secured a front-end engineering and design contract with Petrogas E&P Netherlands for the development of the A15 and B10 gas fields.
Crude Oil
Oil falls Amid US Inventory Build-up and Mounting Concerns over Delta Variant Surge
Brent and WTI sank 2.8 per cent and 3.4 per cent, respectively, on Wednesday, marking their biggest fall in two weeks
Hydrogen Project
India to Make Green Hydrogen Mandatory for User Industries
Oil refineries and fertiliser manufacturers will be asked to implement the policy immediately after the Cabinet approves the proposal, power and renewable energ…
Oil & Gas Trade
New Zealand's Oil Refinery Set to Convert Into Import Terminal
New Zealand will stop refining crude oil from next year after shareholders in the country's sole refinery greenlighted a plan to convert it to a gasoline-import…
Oil Pipeline
Video: Russia's Former President Medvedev on Nord Stream 2
Russia's former President Dmitry Medvedev has welcomed the US-German agreement on Nord Stream 2 that would pave the way for the completion of the controversial …

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