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Oil & Gas Supply
US Plans to Slowly Replenish Strategic Petroleum Reserve Into 2025
A sign near the administrative offices and control room lists the current status of the Department of Energy's Bryan Mound Strategic Petroleum Reserve in Fr…
Geothermal Heating Project
Sinopec approves geothermal pilot project in dagang oilfield, China
Beijing skyline, from Jingshan Park (source: flickr/ Caitriana Nicholson, creative commons)The China National Petroleum Corporation (Sinopec) through the Oil, G…
Oil & Gas Supply
US seeks 6 million barrels of oil for strategic petroleum reserve
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
Arthur eze’s oranto petroleum signs oil deal in Venezuela
Atlas Oranto Petroleum International Limited (AOPI), made up of Atlas Petroleum International Limited and Oranto Petroleum International Limited, an oil & gas f…
Renewable Diesel
EIA: US Imports of Renewable Diesel Increased in the Early Months of 2024
Data source: EIA Petroleum Supply Monthly / Note: Rest of U.S. imports went to Perth Amboy, New Jersey, and Atlanta, Georgia, in the first five months of 2024 a…
Geothermal Drilling
Tripartite MoU Signed in Taiwan to Promote Geothermal R&D, Exploration
Signing of MOU between CNPC Taiwan, National Central University, and Academia Sinica for geothermal cooperation (source: MOEA)The China Petroleum Corporation of…
Crude Oil
EIA Sees Tighter US Oil Market for 2024, Lowers Price Outlook
Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB…
Australia
Australia’s Woodside Energy to Buy Texas Ammonia Project for $2.35 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
US Buys 4.65 Million Barrels for Emergency Oil Stockpile
The U.S. Department of Energy said on Monday it had finalized a contract to purchase 4.65 million barrels of crude oil for the Strategic Petroleum Reserve, for …
Oil & Gas Trade
Egypt Signs Investment Deals Worth $340 Million to Boost Oil and Gas Production
A $120 million agreement with Cheiron Energy was also signed to increase oil production in the Gulf of Suez.Egypt's Ministry of Petroleum and Mineral Resour…
Oil & Gas Trade
Australia’s Woodside Energy to Buy US LNG Developer Tellurian for $1.2 Billion
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 Supply
Nigeria’s Dangote Says Refinery Will Hit 550,000-Bpd Output This Year
A view of the newly-commissioned Dangote petroleum refinery is pictured in Ibeju-Lekki, Lagos, Nigeria May 22, 2023. REUTERS/Temilade Adelaja/File Photo Purchas…
Oil & Gas Trade
Australia’s Woodside Energy to Buy US LNG Developer Tellurian for $1.2 Billion
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
India Raises Windfall Tax on Petroleum Crude
File photo: Storage tanks of an oil refinery of Essar Oil, which runs India's second biggest private sector refinery, are pictured in Vadinar in the western…
Oil & Gas Trade
Indian State Refiners in Talks for Long-Term Oil Import Deal with Russia, Govt Source Says
A worker rides a bicycle at the Bharat Petroleum Corporation Ltd. refinery in Mumbai April 24, 2008. REUTERS/Punit Paranjpe/File Photo Purchase Licensing RightI…
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