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Oil & Gas
Norway’s Oil Industry Is Beginning To Recover
Norway sees oil and gas activity picking up after the market turmoil and the health crisis earlier this year, the Norwegian Petroleum Directorate said in its fi
Oil & Gas
Eni to Accelerate Conversion of its Conventional Oil Refineries into Biorefineries
Initially planned to be completed in around thirty years, the transformation of Eni’s conventional oil refineries into biorefineries will be done over the next
Oil & Gas
Kazakhstan to Fulfil its Obligations Under the OPEC+ Agreement
The ministry recalled that representatives of Kazakhstan told the OPEC+ secretariat that in the first 12 days of May there was an overproduction of oil in the c
Oil & Gas
OPEC Adjusts Oil Demand to 8.9 Million bpd for 2020
The Organization of the Petroleum Exporting Countries, yesterday, revised downward its world oil demand in 2020.
Oil & Gas
Venezuela Restarts Gasoline Output At Only Operating Refinery
Venezuela's state oil firm PDVSA has resumed gasoline production at the only operating refinery in the country home to the world's largest oil reserves that is
Oil & Gas
The Middle East Nation Reopening its Doors to Iraqi Oil
It will also serve to consolidate the Shia crescent of power falling across the region by dint of Iran, and its prime backers, China and Russia.
Oil & Gas
Oil Rises Slightly Ahead of OPEC+ Meeting
Oil prices rose slightly on Tuesday as OPEC and its allies cut production by more than agreed to in June.
Oil & Gas
Iran Expands Oil Production Capacity
Iran is taking a step that would seem counterintuitive in an environment of subdued demand for oil and oil products.
Oil & Gas
OPEC and Russia May Ease Oil Production Cuts
Saudi Arabia, the world’s largest oil exporter, and other major oil-producing countries are likely to increase their output in August.
Oil & Gas
US Crude Stocks Build on Higher Imports, Distillates Inventories Hit 37-yr High: EIA
US crude oil stockpiles grew last week and inventories on the Gulf Coast hit a record high as imports from Mexico rose to an eight-year high.
Oil & Gas
Libya Needs Months to Restore Output: Sanalla
Libya's crude production will take months to return to near the 1.22mn b/d achieved prior to blockades that froze all of the country's onshore crude output in J
Oil & Gas
Exxon Is Big Oil's Outlier In The Post-Pandemic World
While oil majors stuck to spending discipline after the 2015-2016 price crash, ExxonMobil was the one to stand out from the crowd as it increased capital expend
Oil & Gas
New Zealand Cuts 2020 Oil Output Forecast
New Zealand has cut its 2020 upstream output forecast slightly, but now sees its existing oil and gas reserves lasting for longer than previously planned.
Oil & Gas
Brazil's Oil Output Grows by 7.8% in 2019
Brazil's oil output grew by 7.8 percent in 2019 compared with the year before, averaging 2.8 million barrels a day.
Oil & Gas
Saudi Prince Phones Nigeria to Bring Them in Line with OPEC+ Cuts
Saudi Arabia, de facto leader of the OPEC cartel, held a call with fellow member Nigeria as the organization strives to deliver production cuts aimed at bolster
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