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Oil & Gas Trade
Maha Energy Proposes Carve-Out of Brazil's 3R Onshore Assets, Tie-up With Petroreconcavo
Sweden's Maha Energy (MAHAa.ST), opens new tab on Wednesday said it had acquired 5% of Brazilian oil firm 3R Petroleum (RRRP3.SA), opens new tab and propose…
Natural Gas
Mari Petroleum Announces Gas Discovery at Shewa 02 Well Located in Waziristan Block
Mari Petroleum Company Limited (MPCL) as the operator of Waziristan Block is pleased to announce a gas discovery resulting from its exploratory effort…
Carbon Emissions
US Energy-Related CO2 Emissions to Be Unchanged in 2024 - EIA
U.S. energy-related carbon dioxide (CO2) emissions are expected to remain unchanged in 2024, as increased natural gas and petroleum emissions offset decreased c…
OPEC
OPEC’s December Crude Production Averages 28.05mbpd
The Organisation of Petroleum Exporting Countries (OPEC) pumped an average of 28.05 million barrels a day, MMbpd in December as it persevered with supply restra…
Oil Field
India Inks Contracts for 13 Hydrocarbon Blocks
India signed contracts for 13 hydrocarbon blocks opened for bidding in the last two years.India’s Petroleum and Natural Gas Ministry has signed contracts …
Crude Oil
Exclusive: India Set to Halve Oil Refiners' FY24 Energy Transition Equity Support
A man paints the logo of oil refiner Bharat Petroleum Corp (BPCL) on a wall on the outskirts of Kochi, India, November 21, 2019. REUTERS/Sivaram V/File Photo Ac…
Oil & Gas Trade
Biden Administration Slowly Puts Oil Back Into the Spr Emergency Stash
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 Supply
US Seeks 3 Mln Barrels of Crude for Strategic Reserve - Energy Dept
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…
Oil Field
China's CNPC Replaces U.S. Oil Giant as Lead Contractor for Iraq's West Qurna 1 Oilfield
Representatives attend a handover ceremony in Basra, Iraq, on Jan. 1, 2024. China's leading oil and gas producer, China National Petroleum Corporation (CNPC…
Crude Oil
Dangote Refinery Receives 4th Crude Oil Shipment From NNPC
Dangote Refinery has received its fourth shipment of one million barrels of bonny light crude supplied by the Nigeria National Petroleum Company (NNPC) Limited.…
Coal Trade
Sinopec Forecasts China's Coal Consumption to Peak Around 2025
A man stands next to a logo of Sinopec, or China Petroleum and Chemical Corporation, at an expo on rubber technology in Shanghai, China September 19, 2018. Pict…
Oil and Gas Equipment
Tanzanian Firm Building sh19B Gas Facility at Port
Taifa gas cylinders. The Taifa gas project was launched at Dongo Kundu in Mombasa County on February 24, 2023. [PCS]The Tanzanian-owned firm has begun to constr…
LNG
UTM Offshore Making Strides Towards Nigeria's First Indigenous Floating LNG Project
UTM Offshore and Nigerian National Petroleum Corporation (NNPC) have signed a shareholders agreement with Delta State Government for the development of the nati…
LNG
Chinese Oil Giant Hails Uganda's Approval to Construct Liquidized Petroleum Gas Facility
China National Offshore Oil Corporation (CNOOC) Uganda Limited said on Friday that it welcomed Uganda's recent license granting for the company to construct…
Oil Field
Nigeria Billionaire, Alakija's Firm Gets Six Oil Blocks in Sierra Leone
F.A Oil Limited, a company owned by Nigerian billionaire and Africa’s richest woman, Folorunso Alakija, has been awarded exploration rights in six offshor…
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