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Oil & Gas Trade
China’s CNOOC Exits U.S. Offshore Oil and Gas
British energy firm Ineos has finalised its acquisition of the U.S. Gulf assets from China’s state-owned oil company, CNOOC. The deal, completed on April …
Oil Price
Petrobras Lowers Diesel Prices for First Time in More Than a Year
Petrobras lowers diesel prices for the first time in over a year, impacting fuel costs in Brazil. The state-run oil company announced a 4.6% cut in diesel price…
Crude Oil
Crude Oil Exports by Mexico’s Pemex Rise 33% in February From January
Crude oil exports by Mexican state energy company Pemex (PEMX.UL) grew 33% in February compared to January, recovering from a tumble the month before but still …
Oil Shale
CERAWEEK Turkey to Develop Its Shale Fields With US Producer Continental Resources
Turkish national oil company TPAO has signed a joint venture agreement with U.S. oil producer Continental Resources to develop shale fields in the country&rsquo…
Oil Field
UK Player Staying on Duty at Giant Oil Field Offshore Qatar for Five More Years
Al Shaheen field in QatarEnerMech, a UK-based integrated solutions provider, has secured a five-year contract extension with North Oil Company (NOC), a partners…
Oil Field
Enermech Wins Long-Term Extension for NOC Contract, Offshore Qatar
EnerMech has successfully renewed its contract with North Oil Company (NOC) for an additional five years, continuing to provide leak testing and flange manageme…
Crude Oil
SOCAR Announces Expected Volume of Euro-5 Gasoline Output in Azerbaijan in 2025
This year, the Heydar Aliyev Oil Refinery is projected to produce 1.7 million tons of Euro-5 standard gasoline, according to the State Oil Company of Azerbaijan…
Oil Price
US Gulf Refiners Paying Premium Prices for Trinidad’s Molo Crude
Some U.S. Gulf Coast refiners have recently paid prices over the Brentcrude benchmark for Trinidad and Tobago's Molo heavy sour crude, the CEO of the countr…
Natural Gas
Mexico’s Carlos Slim Says ‘Complicated’ Deepwater Gas Project Being Evaluated
Mexican billionaire Carlos Slim holds a press conference in Mexico City, Mexico February 10, 2025.Mexican billionaire investor Carlos Slim said on Monday that h…
Crude Oil
Venezuela’s PDVSA Resumes Light Crude Imports as Output Dwindles
Drilling rigs are seen at an oil well operated by Venezuela's state oil company PDVSA, at the oil rich Orinoco belt, near Morichal at the state of Monagas A…
Oil Price
Oil Little Changed as Trump Policies Continue to Weigh on Prices
An oil pump of IPC Petroleum France is seen during sunset outside Soudron, near Reims, France, February 6, 2023.Oil prices edged up in Asian trading on Thursday…
Oil & Gas Trade
Petrobras’ Total Q4 Production Falls 10.5%, Sales and Exports Also Down
A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019.Brazilian state-run oil giant Pe…
Crude Oil
Ecuador Eyes $42 Bln in Oil Sector Investments Through 2029
An infrastructure of Ecuador's state-run oil company Petroecuador is pictured outside of Nueva Loja, Ecuador May 3, 2022.Ecuador expects foreign oil compani…
Oil & Gas Trade
ADNOC’s Logistics Arm Transfers Tankers to Navig8, Will Cut Some Staff After Takeover
General view of the ADNOC headquarters is seen in Abu Dhabi, United Arab Emirates, December 23, 2018.Abu Dhabi National Oil Company's logistics arm has tran…
Oil Field
Iraq Declares Discovery of Huge Oil Field
The state-owned Iraqi Midland Oil Company said that it has discovered huge oil reserves in the East Baghdad oil fieldMohammed Yassin Hassan, director general of…
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