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Oil&Gas Drilling
Mexico's Dos Bocas Refinery to Produce 290,000 Barrels per Day by Year End: President
The Dos Bocas refinery from the Mexican state-run oil producer Petroleos Mexicanos (PEMEX) is pictured during its inauguration, in Paraiso, Tabasco state, Mexic…
Hydrogen Project
Gulf States Bet on 'Green' Hydrogen
After riding a fossil-fuel boom for decades, Gulf Arab states are eyeing "green" hydrogen as they try to transition their economies and ease the climate crisis …
Crude Oil
Iraq Takes First Step Towards Becoming the World's Biggest Oil Producer
Iraq’s parliamentary oil and gas committee plans to increase the country’s oil production to more than five million barrels per day.Theoretically, I…
Crude Oil
Russia’s Revenue From Oil Export Increases by USD 1.7 Billion
A view of a petrol station of the Russian oil producer Gazprom Neft and high-rise residential buildings under construction in Moscow on January 12, 2023. (Photo…
Biofuel
Renewable Diesel Plant Opts for Sulzer Pumps Creating Low-Carbon Fuel to Help Reduce Transportation Emissions by up to 3 Million Tonnes per Year
Renewable diesel plant opts for Sulzer pumps creating low-carbon fuel to help reduce transportation emissions by up to 3 million tonnes per yearIn Canada, a maj…
Oil & Gas Trade
Oil Producer Hess Beats First-Quarter Profit, Makes New Discovery in Guyana
Credit: REUTERS/DADO RUVICUpdate with details on result, Guyana discoveryApril 26 (Reuters) - Oil and gas producer Hess Corp HES.N on Wednesday beat Wall Street…
Oil & Gas Supply
Guyana Extends Deadline for First Oil Block Bids
Growing oil producer Guyana has extended the deadline for bids in its first competitive auction for offshore blocks by three months to 15 July, the natural reso…
Crude Oil
BP Snags Contract to Market Guyana’s Share of Exxon’s Offshore Oil
The UK’s largest energy company BP Plc has won a contract to market Guyana's share of crude oil produced over the next year from two offshore production platfo…
Saudi Arabia, UAE Boosting Output, Working on Clean Hydrogen -Saudi Energy Minister
Saudi Arabia and the United Arab Emirates, two of the world's biggest oil producers, are boosting output and refining and working on clean hydrogen.
Oil Field
Pioneer Natural Resources to Increase Return Targets for Oil Wells
U.S. shale oil producer Pioneer Natural Resources will reshuffle its drilling portfolio next year to target wells with potentially higher returns, a move to boo…
Oil Refinery
Exxon Shares Surge to Record High on Strong Earnings Outlook
Exxon Mobil Corp shares passed their all-time high on Friday as oil prices resumed their climb and analysts raised their long-term views of top U.S. oil produce…
OPEC
U.S. Senate Panel Advances Bill to Rein In OPEC+ Over Oil Output Cut
A U.S. Senate committee this week quietly advanced a bill that seeks to rein in OPEC+ after the oil producer group led by Saudi Arabia and Russia this month agr…
Oil Price
Big Tech Is Under Pressure to Turn Its Back on Big Oil
Big Tech has come under fire for helping Big Oil produce more oil, a move that appears to go counter to the promises tech companies have made about reducing emi…
CCS
Gulf Oil Producers Expand Carbon Capture and Hydrogen Capacity
Gulf NOCs are expanding their carbon capture and hydrogen capacity.
Crude Oil
Top U.S. Energy Envoy Expects Further Steps From OPEC Producers on Supplies
Major crude oil producers have spare capacity and are likely to boost supplies following President Joe Biden's visit to the Middle East, a senior U.S. energy en…
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