An estimated 22 billion barrels of non-conventional and recoverable crude was recently discovered in Abu Dhabi, the capital of the United Arab Emirates (UAE).
India’s minister of petroleum and natural gas and steel, Dharmendra Pradhan laid the foundation stone for 50 LNG fueling stations.
Shell is deploying autonomous surface vessels for its global hydrocarbon exploration drive
Venezuela’s oil exports fell to a historic low of 359,000 barrels per day (bpd) in October as most of state-run PDVSA’s long-term clients paused trade to meet a U.S. deadline to halt business with the firm, according to data seen by Reuters on Monday.
The problem-plagued Limetree Bay refinery in St. Croix, Virgin Islands, may lose its main supplier of crude, oil major BP, if it isn’t successfully up and running by December, according to two people familiar with the matter.
Iranian oil exports have risen sharply in September in defiance of U.S. sanctions, three assessments based on tanker tracking showed, throwing a lifeline to the Islamic Republic and its collapsing economy.
ExxonMobil has completed a trial on the use of marine biofuel oil with Stena Bulk, with the results demonstrating a CO2 emission reduction of 40% compared to the use of conventional high-sulphur bunker fuel.
On Tuesday, a major natural gas leak was spotted at an oil platform just off the coast of Corpus Christi, Texas.
The agreement was signed on Thursday 13 August during a virtual ceremony in the presence of Eng. Abdullah Aldubaikhi, CEO of Bahri, and Abdulaziz Alshamsi, CEO of Tabadul, together with senior officials from both parties.
On Friday, Turkish President Recep Tayyip Erdogan announced that the nation's state oil company hit a 320 million cubic meter gas deposit at the Tuna-1 well in the Black Sea. The discovery could change Turkey's energy sector overnight, according to analysts - if the technical challenges can be overcome.
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