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Qatar
Qatar: Qatar Petroleum Wins ‘New Venturer of the Year Award’
Qatar Petroleum, in honor of its outstanding and growing international exploration presence around the globe, has been awarded the “New Venturer of the Year Aw…
Crude Oil
Eni to Accelerate Conversion of its Conventional Oil Refineries into Biorefineries
Initially planned to be completed in around thirty years, the transformation of Eni’s conventional oil refineries into biorefineries will be done over the next…
Market Analysis
Who Will Get Full Control Of Libya’s Oil Riches?
Major alliances such as NATO and the European Union mean nothing in this conflict.
China Energy
China-Made Large "Offshore Oil and Gas Plant" Put into Production in Brazil
Successful oil production marks the official commissioning of this large “offshore oil and gas plant”.
Oil Shale
America:Chesapeake Files for Bankruptcy Protection
Chesapeake Energy, the once-mighty natural gas producer, filed for bankruptcy protection today.
Oil Field
Libya Oil Company: Russian Mercenaries Enter Major Oilfield
Russian and other foreign mercenaries have entered Libya’s largest oil field, the country's National Oil Corporation said on Friday, describing the development…
Oil Price
Rising Diesel Prices Set New Record
Diesel prices soared to a record on Friday while petrol prices rose to their highest in 19 months after state oil companies increased rates for the thirteenth t…
Oil & Gas Trade
Venezuelan Oil Production Sinks to Lowest Output in 77 Years
Crisis-wracked Venezuela's relentless fall in oil production sunk to a new low in May, according to OPEC figures, a milestone in a decade of decline for the onc…
Oil Price
Rosneft Launches "Denationalization" Reorganization
Russia's largest state-owned oil company Rosneft experienced its first quarterly loss in eight years.
Africa Energy
Libya's Oil Company Says Largest Oil Field Shut Down Again
The country's largest oil field to halt work just hours after it restarted operations.
Oil Field
Massive Fire at Assam's Baghjan Oil Well
A massive fire engulfed the damaged Baghjan oil well on Tuesday which has been spewing gas uncontrollably for the last 14 days in Assam's Tinsukia district.
Oil Price
Bulgaria to Set up a State-Owned Oil Company
Bulgaria plans to set up a state oil company to manage oil and fuel warehouses and set up filling stations across the country to increase competition.
Oil Field
Nigeria's Revenue Burden to Ease off as DPR Announces Bids for Marginal Oilfields
Federal High court in Lagos against the FG on the revocation of 2 oil field licenses, DPR has gone ahead to announce its first licensing round.
Solar Power Plant
Solar Plant Starts Feeding Power to Oil Companies in Oman
Petroleum Development Oman, in which Royal Dutch Shell Plc and Total SA hold minority stakes, has begun receiving power from the Gulf Arab country’s largest ph…
Oil&Gas Drilling
UAE's ADNOC to Cut July Crude Nominations by 5% After OPEC+ Pact
State-run Abu Dhabi National Oil Company (ADNOC) has informed customers of a cut in its crude oil nominations for July in line with a decision by OPEC+ last mon…
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