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Reuters reported that Saudi Arabia plans to set up a $10 billion oil refinery in Pakistan's deepwater port of Gwadar.

Posted By : Joykumar Irom 19 hours 8 minutes ago
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Reuters reported that US special representative for Iran, underlining Washington's push to choke off Tehran's income, said that the United States is not looking to grant more waivers for Iranian oil imports after the...

Posted By : Joykumar Irom 19 hours 11 minutes ago
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AP reported that Saudi Arabia's energy minister said Sunday that major oil producers need to do better to narrow swings in prices that dip below USD 60 a barrel and rise above USD 86.

Posted By : Joykumar Irom 19 hours 14 minutes ago
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United Arab Emirates Energy Minister Suhail al-Mazrouei said on Saturday he expects an average oil price of USD 70 a barrel in 2019 on the back of an agreement to cut output by OPEC and non-OPEC oil exporters.

Posted By : Joykumar Irom 19 hours 17 minutes ago
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Reuters reported that US energy firms cut oil rigs for a second week in a row as more producers, like Occidental Petroleum Corp, turned conservative in their 2019 drilling plans due to uncertainty over a recovery in...

Posted By : Joykumar Irom 19 hours 20 minutes ago
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US Ambassador Richard Grenell’s letter to German companies, threatening them with a significant risk of sanctions over their involvement in the Nord Stream 2 has puzzled the country’s Foreign Ministry.

Posted By : Joykumar Irom 19 hours 23 minutes ago
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Santos has executed binding agreement extensions with Beach Energy and Senex Energy for gas processing and related gas liquids purchases at the Moomba gas facilities.

Posted By : Joykumar Irom 19 hours 27 minutes ago
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Reuters reported that Phoenix Petroleum gets green light for Philippines' first LNG terminal MANILA: Philippines firm Phoenix Petroleum said that it has won government approval to build the country's first liquefied...

Posted By : Joykumar Irom 19 hours 30 minutes ago
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Gassco transported 114.2 billion cubic metres of gas during 2018 through the pipeline system it operates between Norway and Europe. That corresponds to nine times annual Norwegian hydropower output.

Posted By : Joykumar Irom 19 hours 32 minutes ago
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LUKOIL has successfully completed testing of the fourth well as part of Eridu field (Block 10) appraisal phase in the south of Iraq.

Posted By : Joykumar Irom 19 hours 36 minutes ago
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