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Crude Oil
Oil Production from Northeast India Expected at 6.85 mt in 4 years: HS Puri
The petroleum sector to play a crucial role in the North East region’s industrial growth.
Crude Oil
Rising Crude Oil Prices Great Opportunity for Nigeria
President Muhammadu Buhari says rising crude oil prices present a great opportunity for Nigeria, especially with the passage of the Petroleum Industry Act (PIA)…
Oil & Gas Supply
Nigeria Fuel Disruption Continues
As the recent su standard import of fuel continues to affect fuel distribution in Nigeria, the Nigerian National Petroleum Company (NNPC) Limited has released …
Oil & Gas Trade
Vietnam: 25%Fuel Shortage To Be imported
the Vietnam Oil and Gas Group to give detailed notice of the supply situation as soon as possible so that petroleum companies can proactively plan to import to …
Electric Car
India: Central Government Replacing Fuel Vehicles With EV's
Since the Electric Vehicle Policy in August 2020 was implemented, various departments and autonomous bodies of the Delhi government have started replacing old p…
Crude Oil
Norway’s January Oil Output Sinks Below Predictions
Norway’s oil production in January 2022 fell behind the Norwegian Petroleum Directorate’s predictions by 2.3 per cent, while the gas output also experienced a…
Crude Oil
India Move to Fill up Crude Oil Storages
Indian Strategic Petroleum Reserves Limited issues tenders to fill up the reserves at Visakhapatnam and Mangalore
Hydrogen Project
RWE, Neptune Energy Join Forces on Dutch North Sea Green Hydrogen Plan
RWE, Germany's biggest power producer, and independent petroleum producer Neptune Energy said on Tuesday they will jointly develop a green hydrogen demonstratio…
Oil Price
China Petrol Shares Positive Start to Year of the Tiger
Chinese shares performed strongly on the first trading day of the Year of the Tiger, reversing the slumps before the Chinese New Year holiday.
Crude Oil
U.S. Releases Another 13.4 Million Barrels From SPR
The U.S. administration has approved the release of another 13.4 million barrels of crude from the strategic petroleum reserve in a move first announced last No…
Oil Price
Japan to Subsidize Oil Wholesalers for 1st Time to Curb Fuel Price
Japan's industry minister Koichi Hagiuda said Tuesday the government will implement for the first time its oil industry subsidy program, which is aimed at curbi…
Crude Oil
Russia’s Oil Output Could Peak In 2023
There are growing doubts as to whether Russia can grow petroleum production to the volumes forecast by Moscow.
Crude Oil
Norway Recorded Higher Oil & Gas Output in December
Norway’s oil and gas production increased in December 2021 when compared to the previous month but it was slightly below predictions made by the Norwegian Petr…
Natural Gas
Dana Gas and Crescent Petroleum Post 50% Jump in Gas Production in Iraqi Kurdistan
Production from operations in Iraqi Kurdistan over a three-year period reached a record 452 million cubic feet of gas per day at the end of 2021
Kazakhstan
Kazatomprom Says Operations 'Normal' Despite Unrest
Kazatomprom's offices, production facilities and mines have not been impacted by civil unrest that began in the country on 2 January and are operating normally.…
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