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Oil&Gas Drilling
Hibiscus Petroleum Buys into 3D Oil License off Australia
Malaysia’s Hibiscus Petroleum has completed its 50 per cent acquisition of interest in the exploration permit VIC/P74 offshore Australia from 3D Oil.
Smart Grid
Hellenic Petroleum Finishes Takeover of Juwi’s 204 MW Solar Power Project
Oil company Hellenic Petroleum has completed the takeover of one of the largest solar photovoltaic projects in Europe from German developer juwi Holding.
Crude Oil
Egypt Inaugurates Refinery Project in Mostorod
Petroleum Minister Tarek al-Molla stressed the importance of developing Egypt’s infrastructure of Egypt in oil refining and processing, and the vital role this…
China International Petroleum & Petrochemical Technology & Equipment Exhibition
"The World’s Leading Event for Oil & Gas Industry"
Nigeria International Petroleum Summit
Nigeria International Petroleum Summit will focus on technology, knowledge, sustainable and partnership that can enhance the inflow of foreign investments while…
Nigeria
Nigeria Considers Privatizing Its State Oil Firm
Nigeria will look to privatize its state oil firm Nigerian National Petroleum Corporation (NNPC) under a draft new petroleum law currently in Parliament for dis…
Oil & Gas Trade
BPCL Pays for Defaulting Videocon in Brazil Oil Block
State-owned Bharat Petroleum Corp Ltd has been forced to pay for its defaulting partner Videocon Industries Ltd after it had relied on a rarely used model to ac…
Oil & Gas Trade
Nigeria's Oil Sales Revenue Plummeted 75% in July
Data from the Nigerian National Petroleum Corporation showed that Nigeria’s oil sales revenue in July was 55.29 million US dollars, a decrease of 75% from the …
Tanzania
Tanzania’s Petroleum Products Market Sees Sizeable Annual Expansion
The liquefied petroleum gas market registered double-digit growth last year as companies and the sector's regulator foster public awareness campaigns on the ben…
Oil Price
India Topped Its Strategic Petroleum Reserves With $19 A Barrel Oil
India used the ultra-low crude oil prices earlier this year to top its strategic petroleum reserves with oil at $19 a barrel.
Oil&Gas Drilling
Equinor Picks up Drilling Permit for North Sea Wildcat
The Norwegian Petroleum Directorate has issued a drilling permit to Equinor for a wildcat well located in the North Sea offshore Norway.
Oil & Gas Trade
Bangladesh: Meghna Petroleum Signs Agreements For LPG Expansion
Meghna Petroleum, the state-run energy company, as part of its business expansion by selling LPG, has signed agreements with four non-listed companies–Beximco …
What Substitutes Can We Use Instead Of Fossil Fuels?
More than ever, humanity is dependent on fossil fuels, with world consumption of petroleum, natural gas, and coal rising a little every year.
Oil&Gas Drilling
PGS Wraps up Seismic Campaign Offshore
Norwegian seismic player PGS has completed its 2020 acquisition campaign in Angola’s Namibe Basin.
Oil & Gas Trade
Russia's Gazprom Starts LPG Supplies to Crimea Via New Bridge
Russian state gas producer Gazprom has started direct rail shipments of liquefied petroleum gas (LPG) via a new bridge to the Crimea peninsula which Moscow anne…
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