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Oil & Gas
Oil Futures up 3PC on Strong China Refinery Data
HOUSTON: Oil prices gained about 3 % to a one-week high on Thursday as the US dollar weakened and data showed a jump in refinery runs in top crude importer Chin
Oil & Gas
Russia’s Revenue From Oil Export Increases by USD 1.7 Billion
A view of a petrol station of the Russian oil producer Gazprom Neft and high-rise residential buildings under construction in Moscow on January 12, 2023. (Photo
Oil & Gas
As Profit From Renewables Dwindle, Shell Returns to Crude Oil
Shell will keep oil output steady or slightly higher into 2030 as part of the Chief Executive Officer, Wael Sawan’s, efforts to regain investor confidence
Oil & Gas
UNSC: Russia Resumed Refined Oil Exports to N. Korea in December
Photo : YONHAP NewsRussia officially resumed oil product exports to North Korea in December of last year after a hiatus of over two years.According to the UN Se
Oil & Gas
Crude Oil Prices Impacted by Weak Data From China
China’s trade balance came down to $65.81 billion in May against $90.21 billion in June. May’s trade balance numbers were below the market expectati
Oil & Gas
Harbour Energy’s Viking CCS Project Aims to Transform the Humber into UK’s Leading CCS Hub
Carbon Capture and Storage (CCS) can play a major role in achieving net zero across the UK and the world. CCS is necessary to capture and store the carbon dioxi
Oil & Gas
Matahio Energy completes acquisition of onshore assets in New Zealand
TARANAKI, New Zealand, June 6, 2023 - (ACN Newswire) - Matahio Energy has completed the acquisition of a portfolio of six onshore oil and gas licenses in the Ta
Oil & Gas
Saudi Arabia Goes It Alone at OPEC+ With Million-Barrel Cut
Sausi Arabia's Prince Abdulaziz bin SalmanSaudi Arabia will make an extra 1 million barrel-a-day oil supply cut in July, taking its production to the lowest
Oil & Gas
Saudi Arabia to Cut Oil Output by 1 Million Barrels per Day to Boost Slumping Prices
The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC's headquarters in Vienna, Austria, on March 3, 2022. (
Oil & Gas
Large Oil Spill Blocks Roads in Central Auckland
Auckland Transport said it was blocking all traffic from Symonds Street to Mt Eden Road. Photo: 123RFA large oil spill is blocking a road in central Auckland.Em
Oil & Gas
Asia’s Crude Imports Jump in May as China, India Suck up Russian Oil: Russell
LAUNCESTON, Australia, May 29 (Reuters) - Asia's imports of crude oil are on track for a strong rebound in May as the region's two biggest buyers, China
Oil & Gas
Russia Ready to Support Gasoline Export Restrictions
Russia's Federal Antimonopoly Service (FAS) is ready to support restrictions on the export of gasoline if such a mechanism is proposed, the Interfax news ag
Oil & Gas
Saudi Oil Minister Warns Market Speculators to ‘Watch Out’ Ahead of OPEC+ Meeting
Saudi Oil Minister Prince Abdulaziz bin Salman on Tuesday told market speculators to watch out, reiterating his warning that they could face pain ahead.Speculat
Oil & Gas
Iraq, Russia Commit to OPEC+ Oil Production Cuts
A worker at Iraq’s Majnoon oilfield near the southern Iraqi city of Basra. Photo: ReutersBaghdad (IraqiNews.com) – The Iraqi Minister of Oil, Hayan
Oil & Gas
Shell Buys More Australian Gas
Denison Gas supplying volumes from Queensland operationsShell Energy Asia has signed a gas sales agreement (GSA) to buy additional volumes of conventional and n
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