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Oil & Gas Trade
US Buys 3 Million Barrels of Oil for Strategic Petroleum Reserve
Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. REUTERS/Drone Base/File Photo Purchas…
LNG
Woodside Gets $1 Bln in Funding for Scarborough LNG Project
A plant decorates the booth of Australian petroleum exploration and production company Woodside Energy during the LNG 2023 energy trade show in Vancouver, Briti…
Oil & Gas Trade
Nigeria Targets $20BN Oil, Gas Investments – Lokpobiri
The Minister of State for Petroleum Resources (Oil) Heineken Lokpobiri has revealed that about $16.6 billion investments had been committed to Nigeria’s o…
Gas Power Stations
Utility Plans Another Gas-Fired Power Plant for North Dakota
Todd Brickhouse, CEO of Basin Electric Power Cooperative, participates in a roundtable discussion on the energy supply during the Williston Basin Petroleum Conf…
Oil & Gas Trade
India Oil Demand Driven by Consumers Rather Than Industry: Kemp
India’s oil consumption increased by 3.7 million tonnes (4.8%) in the first four months of 2024 compared with the same period in 2023, according to data f…
Oil & Gas Trade
Kuwait Petroleum Renews Oil Supply Deal With China's Unipec Until 2033
Kuwait Petroleum Corp (KPC) has renewed its contract to supply 300,000 barrels per day of crude oil to China's Unipec, the trading arm of Asia's largest…
Crude Oil
India Saved $25 Billion by Importing Russian Crude Oil: Ministry Data
Imports of petroleum products also saw a dip in terms of value from $28.2 billion in 2022-23 to $25.1 billion in 2023-24Russian crude supplies and lower interna…
Oil & Gas Trade
Citgo Petroleum Reports First Quarter Profit of $410 Million
PDVSA's U.S. unit Citgo Petroleum refinery is pictured in Sulphur, Louisiana, U.S., June 12, 2018. REUTERS/Jonathan Bachman/File Photo Purchase Licensing Ri…
Oil & Gas Trade
Occidental Petroleum Says Crownrock Deal Could Close by August
The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan…
Hydrogen Fuel Cell
Totalenergies and Sinopec Strengthen Cooperation
On the occasion of the state visit to France by the President of the People's Republic of China, TotalEnergies, represented by Patrick Pouyanné, Chai…
Oil & Gas Trade
Exclusive: Shell in Talks to Sell Malaysia Fuel Stations to Saudi Aramco, Sources Say
A Shell Petroleum signage is pictured in Malaysia's southern city of Johor Bahru April 26, 2017. REUTERS/Edgar Su/File Photo Purchase Licensing RightsEnergy…
Crude Oil
US Has Sufficient Oil Supply Reserve to Address Any Supply Concerns, Biden Adviser Says
An oil storage tank and crude oil pipeline equipment is seen during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.…
Oil & Gas Trade
Occidental Explores Sale of Permian Assets Worth Over $1 Billion, Sources Say
The unstaffed lobby of the North Dakota regional headquarters of oil producer Occidental Petroleum Corp is seen in Dickinson, North Dakota in this October 14, 2…
Oil & Gas Supply
India's Chennai Petroleum Sees Two Year Delay in Building New 180,000 Bpd Refinery
India's Chennai Petroleum Corp Ltd (CHPC.NS), opens new tab will build a 180,000 barrels per day (bpd) refinery at Nagapattinam in Southern Tamil Nadu State…
Oil & Gas Trade
NNPC Signs Deal to Build Another 100,000BPD Refining Plant Within Port Harcourt Refinery
The Nigerian National Petroleum Company Limited (NNPC) yesterday signed a contract with African Refinery Port Harcourt Limited (ARPHL) to build a 100,000bpd ref…
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