Oil & Gas

UAE announces discovery of new oil reserves UAE announces discovery of new oil reserves
India kicks off 1000 LNG stations development India kicks off 1000 LNG stations development
Shell drives robot survey vessel deployment Shell drives robot survey vessel deployment
Venezuela Oil Exports Fall to New Lows as Clients Wind Down Venezuela Oil Exports Fall to New Lows as Clients Wind Down
BP To Cut Caribbean Oil Due To Low Demand For VLSO Bunkers BP To Cut Caribbean Oil Due To Low Demand For VLSO Bunkers
Iran's Oil Exports Jump in September Defying Sanctions Iran's Oil Exports Jump in September Defying Sanctions
ExxonMobil's biofuel sea trial shows 40% reduction in CO2 emissions ExxonMobil’s biofuel sea trial shows 40% reduction in CO2 emissions
Major Natural Gas Leak at Platform Off Corpus Christi Major Natural Gas Leak at Platform Off Corpus Christi
Bahri inks agreement with Tabadul to implement Fasah Pay Bahri inks agreement with Tabadul to implement Fasah Pay
Turkey's Offshore Gas Find Could Transform its Energy Sector Turkey's Offshore Gas Find Could Transform its Energy Sector
Oil & Gas Haberleri

UAE announces discovery of new oil reserves

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 kicks off 1000 LNG stations development

India’s minister of petroleum and natural gas and steel, Dharmendra Pradhan laid the foundation stone for 50 LNG fueling stations.

Shell drives robot survey vessel deployment

Shell is deploying autonomous surface vessels for its global hydrocarbon exploration drive

Venezuela Oil Exports Fall to New Lows as Clients Wind Down

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.

BP To Cut Caribbean Oil Due To Low Demand For VLSO Bunkers

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.

Iran's Oil Exports Jump in September Defying Sanctions

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’s biofuel sea trial shows 40% reduction in CO2 emissions

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.

Major Natural Gas Leak at Platform Off Corpus Christi

On Tuesday, a major natural gas leak was spotted at an oil platform just off the coast of Corpus Christi, Texas.

Bahri inks agreement with Tabadul to implement Fasah Pay

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.

Turkey's Offshore Gas Find Could Transform its Energy Sector

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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