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Oil Field
Eni Cheers New Oil Find Offshore Mexico
Italian oil company Eni has made an oil find in Upper Miocene sequences on the Sayulita Exploration Prospect in Block 10 in the mid-deep water of the Cuenca Sal…
Oil Refinery
No Official Explanation For Fire At Iran Oil And Gas Installation
The spokesman of Arvandan Oil and Gas Company, a major subsidiary of the National Iranian Oil Company operating in the oil-rich province of Khuzestan
United States
Texas Oil Cos in $370MM Merger Deal
Penn Virginia Corporation has revealed that it has entered into a definitive merger agreement with Lonestar Resources US Inc. to acquire the company in an all-s…
Hydrogen Project
UAE’s ADNOC to Explore Hydrogen and Blue Ammonia with Japanese Groups
Abu Dhabi National Oil Company is set to explore the commercial opportunities for hydrogen and blue ammonia in collaboration with Japanese companies Inpex, Jera…
Mexico
Mexican Oil Giant Says No Environmental Damage from Raging Gulf Fire
Just days after video of a massive ocean surface blaze near a Pemex oil platform in the Gulf of Mexico went viral, Mexico's national oil company has declared th…
Oil Pipeline
Video Shows Fire in Gulf of Mexico After Gas Pipeline Rupture
Mexico's state-owned oil company said Friday it suffered a rupture in an undersea gas pipeline in the Gulf of Mexico, sending flames boiling to the surface in t…
Oil Pipeline
Environmentalists Slam Mexico After Underwater Oil Rig Fireball in Gulf
Mexico’s state-owned oil company said Friday that an undersea gas pipeline ruptured near a drilling platform in the Gulf.
Oil Refinery
Mexican National Oil Company to Run USA Refinery
Pemex, whose holdings include six refineries in Mexico, will become the sole owner of a seventh refinery – in the United States.
Net Zero Emission
Suncor Energy Adopts Net-Zero-by-2050 Greenhouse Gas Emissions Target
Suncor Energy Inc. has become the latest major oil company to commit to achieving net zero carbon emissions by 2050.
Major Chinese Investors Could Buy Stake In Aramco
Major Chinese investors, including the sovereign wealth fund China Investment Corporation and Chinese national oil companies, are the ones looking to buy a stak…
LNG
Repsol Hits Milestone with Fure Vinga LNG Bunkering
Spanish oil company Repsol has reached a milestone as it bunkered Furetank Rederi’s chemical tanker Fure Vinga at Cartagena.
France
Total Pays $2.5bn for 20% Stake in Adani Green Energy
French oil company Total has purchased a 20% minority stake in Indian renewables producer Adani Green Energy Ltd.
Oil Field
Lukoil Reaches Oil Output Milestone on North Caspian Sea Fields
Russian independent oil company Lukoil has exceeded a cumulative production of 35 million tonnes from its Yury Korchagin and Vladimir Filanovsky fields in the N…
Crude Oil
The OPEC Producer Looking To Sell A Stake In Its Oil Company
OPEC producer Angola plans to raise much-needed cash via selling a stake in its state oil firm Sonangol by early 2022 as the crash in oil prices—and the pandem…
Oil Field
Nigeria's NNPC Says First Oil Flowing from Anyala Offshore Field
Nigerian state oil company NNPC and First E&P have begun oil production at the Anyala oilfield, NNPC announced on Thursday.
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