Petrol

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…
Oil Price
US to Add More Than Six Million Barrels of Oil to Reserves to Address Supply Disruptions
The Bryan Mound Strategic Petroleum Reserve facility at Freeport, Texas. The US Department of Energy says the reserve system has a 'long history of protecti…
Crude Oil
Saudi Arabia to Cut Oil Output by 1 Million Barrels per Day to Boost Slumping Prices
　　The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC's headquarters in Vienna, Austria, on March 3, 2022. (…
Oil & Gas Trade
Oil Sales Plunge by 40PC in May Amid Economic Slowdown
KARACHI: The month of May witnessed a staggering 40 percent decline in oil sales compared to the same period last year, as the country grapples with an economic…
Natural Gas
LPG Prices Slashed by RS37/KG for June
ISLAMABAD: The government on Thursday lowered the prices of liquefied petroleum gas (LPG) by 15.88 percent or Rs37/kg for domestic and commercial consumers for …
Oil & Gas Trade
Kuwait’s Oil Company Seeks to Exit Norway
Kuwait's overseas oil and gas division has launched a sale process for its Norwegian assets as part of its focus on newer exploration and production hubs, i…
Oil&Gas Drilling
Trio Petroleum Confirms “Major” Oil, Gas Accumulation in California Well
(WO) – Trio Petroleum Corp. announced that its HV-1 well has confirmed a major accumulation of oil and gas in the Presidents field in its South Salinas pr…
Crude Oil
U.S. Department of Energy Soliciting Bids for Crude Oil to Replenish Petroleum Reserve
(Bloomberg) – The U.S. is soliciting bids for up to 3 MMbbl of sour crude oil to refill its depleted Strategic Petroleum Reserve.crude oil reserve tanks a…
Hydrogen Production
JERA, PTT ink MOU for Hydrogen and Ammonia Supply Chain Dev’t
This will boost Thailand’s decarbonisation efforts.Japan’s JERA and Thailand’s state-owned petroleum firm PTT Public Company signed a memorand…
Biofuel
New Swedish Government to Reduce Biofuel Mandates
Sweden minority coalition has cut the amount of biofuel that must be added to diesel and petroleum.A government agency spokesman admitted that the country will …
LNG
Australian LNG Producers Rise After More Favourable Petroleum Tax Change
Shares of Australian liquefied natural gas (LNG) producers rose after the government adopted more favourable-than-expected changes to petroleum tax, ensuring th…
Net Zero
NZ Industry Burns the Equivalent of 108 Liters of Petrol Every Second—That Has to Reduce to Meet Carbon Targets
New Zealand burns the equivalent of 108 liters of petrol every second in coal and natural gas to generate heat for industrial processes. This burning of fossil …
Natural Gas
Sasol Discovers Natural Gas in Mozambique’s Bonito-1 Exploration Well
Mozambique’s National Petroleum Institute (INP) announced that Sasol Mozambique (SMPT5-C) has made a discovery of natural gas, in sandstone rocks of Lower…
Renewable Diesel
Petrobras Assesses Coprocessing Expansion, Standalone Renewable Diesel Production
Petrobras, Brazil’s state-owned petroleum company, announced April 17 that it is conducting new project studies to expand the production of coprocessed re…
Battery
Sakuu Collaborates With Livent on Application of Liovix Printable Lithium Formulation for Next-Generation Printed Batteries
According to the Afghanistan Ministry of Mines and Petroleum, China-based Gochin Company company seeks to invest US$10 billion in Afghanistan’s lithium mi…

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Petrol

Russia’s Revenue From Oil Export Increases by USD 1.7 Billion

US to Add More Than Six Million Barrels of Oil to Reserves to Address Supply Disruptions

Saudi Arabia to Cut Oil Output by 1 Million Barrels per Day to Boost Slumping Prices

Oil Sales Plunge by 40PC in May Amid Economic Slowdown

LPG Prices Slashed by RS37/KG for June

Kuwait’s Oil Company Seeks to Exit Norway

Trio Petroleum Confirms “Major” Oil, Gas Accumulation in California Well

U.S. Department of Energy Soliciting Bids for Crude Oil to Replenish Petroleum Reserve

JERA, PTT ink MOU for Hydrogen and Ammonia Supply Chain Dev’t

New Swedish Government to Reduce Biofuel Mandates

Australian LNG Producers Rise After More Favourable Petroleum Tax Change

NZ Industry Burns the Equivalent of 108 Liters of Petrol Every Second—That Has to Reduce to Meet Carbon Targets

Sasol Discovers Natural Gas in Mozambique’s Bonito-1 Exploration Well

Petrobras Assesses Coprocessing Expansion, Standalone Renewable Diesel Production

Sakuu Collaborates With Livent on Application of Liovix Printable Lithium Formulation for Next-Generation Printed Batteries