Oil

Oil Field
BP Starts Oman's Giant Ghazeer Gas Field
BP started production at Oman's giant Ghazeer natural gas field in Oman which is set to underpin the company's oil and gas output for years even as it shifts to…
Iran
Iran Names New Opec National Representative
Iran's oil minister Bijan Namdar Zanganeh has appointed Afshin Javan as the country's new national representative to Opec, replacing Mohammad Taeb, who had been…
Oil Field
Russian LUKOIL Proceeds with Filanovsky Field Phase Two Development
The second phase aims to keep oil production at the planned rate of 6 million tonnes a year.
Crude Oil
Daily Crude Oil Production Hits over 718K Barrels in the Sultanate
The Sultanate’s daily crude oil production stood at 718,700 barrels during September 2020, a drop by 0.18 percent compared to the daily production in August 20…
Market Analysis
Argentina’s Oil Boom Is Showing Signs Of Life
After the devastating impact of the COVID-19 pandemic on its economy, there are signs that Argentina’s once burgeoning oil industry is coming back to life.
Geothermal Power Plant
Geothermal Energy Market Heats Up As Big Oil Moves In
Installed geothermal capacity is forecast to expand in the next five years as energy companies diversify into alternative markets, driven by the accelerating en…
LNG
POSCO Targets LNG Storage Market by Teaming up with ExxonMobil
POSCO has joined hands with ExxonMobil to make a foray into the liquefied natural gas (LNG) storage and fuel tank market.
Smart Grid
Hellenic Petroleum Finishes Takeover of Juwi’s 204 MW Solar Power Project
Oil company Hellenic Petroleum has completed the takeover of one of the largest solar photovoltaic projects in Europe from German developer juwi Holding.
Crude Oil
OPEC: Oil Demand to Decline after Plateauing in Late 2030s
World oil demand will plateau in the late 2030s and by then begin to decline.
Oil & Gas Trade
China Set for Fresh Gasoline Export Splurge as Golden Week Ends
Gasoline exports from China, Asia's top petrol exporter, are set to stay elevated this month as mounting supplies from recent high crude oil processing runs pro…
Crude Oil
Libya’s Central Banks Wants To Lift Oil Output To 1.7 Million Bpd
The governor of the Libyan central bank has called for the increase of oil production to 1.7 million bpd as soon as possible as the country’s economy continues…
United Kingdom
Eni Secures Carbon Storage Licence in UK
The UK Oil and Gas Authority has awarded a carbon dioxide appraisal and storage licence to Eni.
Oil&Gas Drilling
Noble Corporation Scores Rig Extension Deal with ExxonMobil
Offshore drilling contractor Noble Corporation has been awarded a long-term extension for the ultra-deepwater drillship Noble Tom Madden from ExxonMobil.
LNG
Pakistan LNG Signs Initial Deal to Sell LNG to Karachi Electric
PLL will supply up to 150 million cubic feet per day of gas to Karachi Electric's 900-megawatt project which will have two units.
Crude Oil
Peru Crude Production at Historic Low in Sept
Peru's crude production fell to a historic low of 29,165 b/d in September, less than half the level of 12 months earlier, according to data from hydrocarbons re…

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Oil

BP Starts Oman's Giant Ghazeer Gas Field

Iran Names New Opec National Representative

Russian LUKOIL Proceeds with Filanovsky Field Phase Two Development

Daily Crude Oil Production Hits over 718K Barrels in the Sultanate

Argentina’s Oil Boom Is Showing Signs Of Life

Geothermal Energy Market Heats Up As Big Oil Moves In

POSCO Targets LNG Storage Market by Teaming up with ExxonMobil

Hellenic Petroleum Finishes Takeover of Juwi’s 204 MW Solar Power Project

OPEC: Oil Demand to Decline after Plateauing in Late 2030s

China Set for Fresh Gasoline Export Splurge as Golden Week Ends

Libya’s Central Banks Wants To Lift Oil Output To 1.7 Million Bpd

Eni Secures Carbon Storage Licence in UK

Noble Corporation Scores Rig Extension Deal with ExxonMobil

Pakistan LNG Signs Initial Deal to Sell LNG to Karachi Electric

Peru Crude Production at Historic Low in Sept