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ADNOC Says AI Added $500 Mln of Extra Value in 2023
A person walks past a Abu Dhabi National Oil Company (ADNOC) poster during the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) in Abu Dhabi…
Oil&Gas Drilling
OPEC+ Members Extend Oil Output Cuts to Second Quarter
A view of the entrance to the Organization of the Petroleum Exporting Countries (OPEC) headquarters in Vienna, Austria, November 30, 2023. REUTERS/Leonhard Foeg…
Oil Price
Indian Government Hikes Windfall Tax on Petroleum Crude
A man pours petrol into an underground tank at a fuel station in Mumbai, India, May 21, 2018. REUTERS/Francis Mascarenhas/File Photo Purchase Licensing RightsTh…
LNG
BP Plans to Invest $1.5 Billion in Egypt Gas Projects
Signage is seen outside a BP (British Petroleum) petrol station in Liverpool, Britain, February 7, 2023. REUTERS/Phil Noble/File Photo Purchase Licensing Rights…
Oil & Gas Trade
Russia's Novak Rules Out Diesel Export Ban
Deputy Prime Minister of Russia Alexander Novak walks at the Organisation of the Petroleum Exporting Countries (OPEC) headquarters in Vienna, Austria October 5,…
LNG
Woodside Energy Inks Long-Term LNG Supply Deal with South Korea
A plant decorates the booth of Australian petroleum exploration and production company Woodside Energy during the LNG 2023 energy trade show in Vancouver, Briti…
CCS
Japanese Players Team up on CCS Project in Malaysia
The Chugoku Electric Power (EnerGia) and Nippon Gas Line (NGL) have joined the project aiming to establish a carbon capture and storage (CCS) value chain origin…
Crude Oil
Biden Administration Slowly Replenishes Strategic Oil Reserve
The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020. REUTERS/Adre…
LNG
State Targets 4.5m Low Income Households in LPG Growth Drive
The government aims to reach 4.5 million low income households with LPG cylinders across the country in the short-term, Energy and Petroleum CS Davis Chirchir h…
LNG
Australia's Woodside Energy to Sell Stake in Scarborough to JERA for $1.4 Bln
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
Exclusive: Occidental Explores $20 Bln-Plus Sale of Western Midstream, Sources Say
The logo of 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 …
Oil & Gas Trade
US Awards SPR Contracts Worth $229.5 Million to Exxonmobil, BP, Others
The Biden administration has awarded Strategic Petroleum Reserve (SPR) contracts for 2.95 million barrels of oil worth about $229.5 million to four companies, t…
Oil & Gas Trade
Nigeria Seeks Gas Export Deal with South Korean Group
The Nigerian National Petroleum Co. Ltd. (NNPC) has held talks with a South Korean consortium toward a potential agreement for the export of Nigerian liquefied …
Natural Gas
Shell, Partners Agree to Develop Nigerian Gas Project
Royal Dutch Shell PLC's Nigerian unit said it has agreed to build a gas upstream facility in Lagos along with other joint-venture partners.The Shell Petrole…
Natural Gas
Shell to supply Dangote one billion cubic feet of gas
Shell Petroleum Development Company of Nigeria Limited (SPDC) will supply about one billion standard cubic feet of gas to Dangote Fertiliser and Petrochemical P…
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