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OİL & GAZ

Lukoil increases stake in BP’s Shah Deniz after closing Petronas deal23 February 2022 Wednesday 10:10Lukoil increases stake in BP’s Shah Deniz after closing Petronas dealRussian oil and gas company Lukoil has completed the acquisition of Petronas’ interest in the BP-operated Shah Deniz natural gas project, located in Azerbaijan’s sector of the Caspian Sea, effectively raising its stake in the project.
After Offshore Spill, Peru Shuts Down its Largest Oil RefineryAfter Offshore Spill, Peru Shuts Down its Largest Oil Refinery01 February 2022 Tuesday 12:44
Total rebrands as TotalEnergiesTotal rebrands as TotalEnergies31 May 2021 Monday 16:00
With Oil Past Peak, Shell Sharpens 2050 Zero Emissions GoalWith Oil Past Peak, Shell Sharpens 2050 Zero Emissions Goal12 February 2021 Friday 11:00
LATEST GALLERIES
    Fuel price spread back in the spotlightFuel price spread back in the spotlightSince early November, the spread has widened steadily so that it now stands at $92 per tonne in Rotterdam and $112.5 per tonne in Singapore.29 January 2021 Friday 13:00
    Opinion: Was 2020 Really So Bad for Oil?Opinion: Was 2020 Really So Bad for Oil?f ever a year needed a shot of glass-half-full attitude, it’s 2020. I got it recently from an oil executive. Conversation turned inevitably to the pandemic and 10 million barrels a day of oil consumption — one in ten — going *poof*.29 December 2020 Tuesday 10:21
    U.S. Blacklists More Companies Over Iranian Petrochemical ExportsU.S. Blacklists More Companies Over Iranian Petrochemical Exports“The United States will act against persons who support illicit actors engaged in the movement of Iranian petroleum and petrochemical sales,” Treasury Secretary Steven Mnuchin said in the statement.16 December 2020 Wednesday 13:00
    UAE announces discovery of new oil reservesUAE announces discovery of new oil reservesAn estimated 22 billion barrels of non-conventional and recoverable crude was recently discovered in Abu Dhabi, the capital of the United Arab Emirates (UAE).26 November 2020 Thursday 12:00
    India kicks off 1000 LNG stations developmentIndia kicks off 1000 LNG stations developmentIndia’s minister of petroleum and natural gas and steel, Dharmendra Pradhan laid the foundation stone for 50 LNG fueling stations.20 November 2020 Friday 11:10
    Venezuela Oil Exports Fall to New Lows as Clients Wind DownVenezuela Oil Exports Fall to New Lows as Clients Wind DownVenezuela’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.03 November 2020 Tuesday 13:40
    BP To Cut Caribbean Oil Due To Low Demand For VLSO BunkersBP To Cut Caribbean Oil Due To Low Demand For VLSO BunkersThe 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.16 October 2020 Friday 16:30
    Bahri inks agreement with Tabadul to implement Fasah PayBahri inks agreement with Tabadul to implement Fasah PayThe 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.26 August 2020 Wednesday 17:40
    China’s Plans To Boost American Oil ImportsChina’s Plans To Boost American Oil ImportsOil prices steadied on Monday as news that China planned to ship large volumes of U.S. crude in August and September countered rising tensions between the two countries and a delay in the review of their trade pact over the weekend.17 August 2020 Monday 14:00
    Saudi Aramco to boost output regardless of huge profit dropSaudi Aramco to boost output regardless of huge profit dropChief executive officer (CEO) of Saudi Arabian oil and gas giant Saudi Aramco has stated that the company would be pressing ahead with its plan to boost output capacity regardless of massive profit drop in 2Q 2020.11 August 2020 Tuesday 17:00
    An Oil Spill's Silver Lining: The 30th Anniversary of OPA 90An Oil Spill's Silver Lining: The 30th Anniversary of OPA 90When an oil spill happens, whoever is responsible pays for the cleanup and restoration.10 August 2020 Monday 11:55
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