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1. News on Oil Prices | |
![]() | 27 May 2023 : Oil prices rise as US closes in on debt deal {Reuters} |
Oil prices ticked up on Friday as U.S. officials appeared close to striking a debt-ceiling deal, and as the market weighed conflicting messages . . . | |
![]() | 26 May 2023 : Average fuel prices at pumps in Spain continue to fall {euroweeklynews.com} |
According to the latest data from the European Union Oil Bulletin published this Thursday, May 25, the average price of fuel in Spain continues to fall slightly . . . | |
![]() | 26 May 2023 : Indias domestic gas markets hitch to international LNG... {hellenicshippingnews.com} |
Indian sellers of regasified LNG and domestically produced natural gas are increasingly linking the price of gas sold to LNG cargo prices in Asia . . . | |
![]() | 26 May 2023 : Arkansas gas prices slightly up before holiday weekend... {katv.com} |
American Automobile Association announced Thursday that the average gas price in Arkansas is $3.13 per gallon of regular unleaded . . . | |
![]() | 26 May 2023 : Oil steady as markets await clarity on OPECs next policy move {Economic Times} |
Oil prices were roughly unchanged in early trading on Friday, as markets awaited clarity on OPEC and its allies next oil policy moves . . . | |
![]() | 25 May 2023 : Average Riverside County gas price rises {nbcpalmsprings.com} |
The average price of a gallon of self-serve regular gasoline in Riverside County rose four-tenths of a cent Wednesday to $4.776 a day . . . | |
![]() | 25 May 2023 : Gas prices up $1.26, diesel up $0.25 {jamaica-gleaner.com} |
The state-owned oil refinery, Petrojam, says E-10 87 is to move up by $1.26 to sell for $168.65 per litre and a litre of E-10 90 . . . | |
![]() | 25 May 2023 : Idaho gas prices for the week of May 24, 2023 {clearwatertribune.com} |
Average gasoline prices in Idaho have risen 1.1 cents per gallon in the last week, averaging $3.74/g today . . . | |
![]() | 25 May 2023 : U.S. natural gas prices climb nearly 3% on robust demand {oilprice.com} |
Cooler temperatures this week and a dip in available wind power this month are boosting the demand outlook for June for U.S. natural gas . . . | |
![]() | 25 May 2023 : Oil prices fall on US debt uncertainty {cnbctv18.com} |
Oil prices fell in early Asian trading on Thursday after uncertainty that the United States will avoid a debt default weighed . . . | |
More news on Oil Prices | ^Jump to the top^ | |
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2. Rig News | |||||||||
![]() | 27 May 2023 : US oil & gas rigs fall in May by most in a month since 2020... {Reuters} | ||||||||
The U.S. oil and gas rig count fell by 44 this month, the biggest drop in three years, after energy firms this week . . . | |||||||||
![]() | 26 May 2023 : Brazil makes new oil discovery within producing field {upstreamonline.com} | ||||||||
Brazilian independent Enauta has discovered an oil accumulation in a new reservoir section inside the Atlanta field . . . | |||||||||
![]() | 26 May 2023 : Shell extends contract for offshore drilling rig in Namibia {oedigital.com} | ||||||||
Norwegian offshore drilling company Odfjell Drilling has, on behalf of Northern Ocean, agreed a contract extension . . . | |||||||||
![]() | 25 May 2023 : $141m Permian Basin oil and gas deal finalized as more companies... {ogv.energy} | ||||||||
A $141 million acquisition in the Permian Basin became the latest sale to close in the region as it was expected to continued growing . . . | |||||||||
![]() | 25 May 2023 : Adnoc Drilling to buy six hybrid power land rigs for $75 million {thenationalnews.com} | ||||||||
Adnoc Drilling, the largest national drilling company in the Middle East by rig fleet size, has signed an agreement . . . | |||||||||
![]() | 24 May 2023 : Odfjell Technology delivers rigless P&A unit to Norwegian... {ogv.energy} | ||||||||
Odfjell Technology, an integrated supplier of offshore drilling and well operations, well service equipment including project and engineering services . . . | |||||||||
![]() | 24 May 2023 : Strong start for Seadrill in 2023 with almost fully employed rig fleet {offshore-energy.biz} | ||||||||
Offshore drilling contractor Seadrill has managed to enhance its operational and financial performance in the first quarter of 2023 . . . | |||||||||
![]() | 24 May 2023 : Tight jack-up supply fuels Borr Drillings hopes of new prospects... {offshore-energy.biz} | ||||||||
Offshore drilling contractor Borr Drilling has recorded strong financial and operational performance during the first quarter of 2023 . . . | |||||||||
![]() | 23 May 2023 : U.S. Coast Guard saves three boaters stranded on offshore... {oedigital.com} | ||||||||
The U.S. Coast Guard said Sunday it had rescued three boaters from an offshore oil platform after their vessel sank near Freeport, Texas, Sunday . . . | |||||||||
![]() | 22 May 2023 : Coast Guard rescues 3 from oil rig after vessel sinks off Texas coast {kiro7.com} | ||||||||
Three men were rescued when their boat sank near an oil rig off the Texas coast early Sunday, authorities said . . . | |||||||||
More rig news | ^Jump to the top^ | |||||||||
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3. News on Oil Exploration | |
![]() | 26 May 2023 : Hindustan Oil Exploration shares surge 10% on stellar Q4 earnings... {businesstoday.in} |
Shares of Hindustan Oil Exploration Ltd rose nearly 10 per cent today after the energy major reported its earnings for the quarter ended March 2023 . . . | |
![]() | 26 May 2023 : US oil and gas auction yields nearly $80 mln for federal coffers {Reuters} |
The U.S. on Thursday held its first sale of oil and gas drilling rights on federal lands since passage of President Joe Bidens landmark climate change law . . . | |
![]() | 26 May 2023 : Cairn Oil & Gas gross reserves-plus-resources exceed... {Economic Times} |
Cairn is defining up to 20 new development projects to bring a substantial proportion of the 846 MMboe of gross 2C Resources into production . . . | |
![]() | 26 May 2023 : Aker BP makes big oil discovery in the North Sea {oilprice.com} |
Norways Aker BP has made a much bigger-than-expected oil discovery in the Yggdrasil area of the North Sea, the energy company reported on Thursday . . . | |
![]() | 26 May 2023 : Brazil makes new oil discovery within producing field {upstreamonline.com} |
Brazilian independent Enauta has discovered an oil accumulation in a new reservoir section inside the Atlanta field . . . | |
![]() | 26 May 2023 : Petrobras fights for permit to drill near the... {maritime-executive.com} |
Brazilian offshore oil and gas giant Petrobras has challenged a decision by federal environmental regulator Ibama to deny its license application . . . | |
![]() | 26 May 2023 : Significant oil discovery for Aker BP in North Sea {offshore-energy.biz} |
Norwegian oil and gas player Aker BP has made -what it describes as – a significant oil discovery in the North Sea off Norway, using a Saipem-owned rig . . . | |
![]() | 25 May 2023 : Türkiye expects to conduct successful oil and gas exploration... {en.trend.az} |
Türkiye intends to expand oil and gas exploration areas at the expense of the southeastern shelf of the Black Sea . . . | |
![]() | 25 May 2023 : Garrison Energy pursues new oil and gas exploration {oilfieldtechnology.com} |
Garrison Energy Holdings, an oil and gas exploration and production company based in Midland, Texas US, has announced its launch . . . | |
![]() | 25 May 2023 : ExxonMobil still targets big oil, gas finds in... {hellenicshippingnews.com} |
ExxonMobil will continue the search for big new oil and gas fields that can help fund alternative energy sources such as LNG and renewables . . . | |
More news on Oil Exploration | ^Jump to the top^ | |
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4. News on Oil Demand and Oil Consumption | |
![]() | 23 May 2023 : US natgas falls 5% on rising output, forecasts for... {hellenicshippingnews.com} |
U.S. natural gas futures dropped about 5% on Monday on rising output and forecasts for less demand next week than previously expected . . . | |
![]() | 22 May 2023 : Tankers: Oil demand could exceed supply in the second... {hellenicshippingnews.com} |
The oil market could face a deficit of up to 2.2 mbd during the second half of 2023. In its latest weekly report . . . | |
![]() | 15 May 2023 : Global oil consumption expected to rise by 1.84 mbpd in 2023... {arabnews.com} |
Despite economic uncertainties, global oil consumption is expected to record a year-on-year increase of 1.84 million barrels per day to 101.9 mbpd in 2023 . . . | |
![]() | 10 May 2023 : Baltic gas consumption continues to fall in April {argusmedia.com} |
Combined gas consumption in the Baltic states and Finland dropped by almost 16pc in April compared with a year earlier, owing largely to milder weather . . . | |
More Oil Demand News | More Oil Consumption News | ^Jump to the top^ | |
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5. News on Oil Output | ||||||||
![]() | 27 May 2023 : Algerias oil output falls back below 1mn b/d as focus switches to... {mees.com} | |||||||
Algerias crude output is falling in line with the countrys Opec+ commitments. This dovetails with a need to cut gas reinjection . . . | ||||||||
![]() | 27 May 2023 : Shale R&D cuts cast shadow on future of US oil production {hellenicshippingnews.com} | |||||||
Shale technology advances that propelled the U.S. to the top global oil producer spot with world-beating growth rates . . . | ||||||||
![]() | 26 May 2023 : Kazakh Kashagan oilfield output falls after injection well closures... {nasdaq.com} | |||||||
Oil output at Kazakhstans giant Kashagan oilfield fell this month after its operator shut two offshore injection wells . . . | ||||||||
![]() | 26 May 2023 : Norway to keep Johan Sverdrup crude output near... {hellenicshippingnews.com} | |||||||
Norways state-controlled Equinor aims to maintain production at the countrys highest-producing oil field, Johan Sverdrup . . . | ||||||||
![]() | 25 May 2023 : US gas production growth on hold as demand... {hellenicshippingnews.com} | |||||||
US natural gas production growth could be on pause until more LNG export capacity comes online later this decade . . . | ||||||||
![]() | 25 May 2023 : Re-energise Kenyas oil production goal {businessdailyafrica.com} | |||||||
The withdrawal of two major partners from the crude project in Turkana underscores the wavering confidence . . . | ||||||||
![]() | 25 May 2023 : Global oil production declining, OPEC boss warns {punchng.com} | |||||||
The Secretary General of the Organisation of Petroleum Exporting Countries, Haitham Al Ghais, has warned that global oil production capacity was dropping . . . | ||||||||
![]() | 25 May 2023 : Colombias proven oil reserves tick up slightly to 7.5 years worth {Reuters} | |||||||
Colombias proven oil reserves grew slightly over the past year, the oil regulator announced on Wednesday . . . | ||||||||
![]() | 25 May 2023 : Iraqs Kurdish oil output falls as pipeline outage continues {worldpipelines.com} | |||||||
Oil production in Iraqs Kurdistan region continues to drop as export flows to Turkeys Ceyhan port show few signs of restarting . . . | ||||||||
![]() | 25 May 2023 : New Pemex oil refinery to again miss production launch {Economic Times} | |||||||
A new oil refinery belonging to Mexicos state-owned Pemex, a top priority of the countrys president . . . | ||||||||
More Oil Output News | ^Jump to the top^ | ||||||||
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6. News on Oil Transportation | |
![]() | 25 May 2023 : Nayara Energy exports dip, just 0.07 mn tonne diesel flows... {Economic Times} |
Nayara Energy, Indias second-biggest private oil refinery, reported a sharp decline in fuel exports as domestic sales surge . . . | |
![]() | 25 May 2023 : The Wests oil war against Russia is starting to lose momentum {cnbc.com} |
Russias oil revenues rebounded in March and April to reach the highest level since November last year, according to a new report . . . | |
![]() | 24 May 2023 : Iran reduces gas supplies to Iraq {iraqinews.com} |
The Iraqi Ministry of Electricity announced on Tuesday that Iran reduced gas supplies to Iraq by about 20 million cubic meters during the past two days . . . | |
![]() | 24 May 2023 : Pakistan to bring 100,000 tons of oil from Russia {mmnews.tv} |
Minister of State for Petroleum Musadik Masood Malik has said that the government approved the Greenfield Oil Refining Policy . . . | |
![]() | 24 May 2023 : Repairs force Shell to cut oil imports at its Singapore refinery {oilprice.com} |
Shell has reduced the imports of crude oil for its refinery in Singapore as repair works at the facility have been extended to next month . . . | |
![]() | 24 May 2023 : Indias base oil imports drop in March {argusmedia.com} |
Indias base oil imports fell in March to below the fiscal year 2022-23 average, as high volumes in the previous month left local blenders with ample inventories . . . | |
![]() | 24 May 2023 : Iraq awaits Turkeys go-ahead to resume Kurdistan oil exports {oilprice.com} |
Iraq is waiting for a final go-ahead from Turkey before resuming oil exports from the semi-autonomous Iraqi region of Kurdistan . . . | |
![]() | 24 May 2023 : Russias crude oil flows stay high even as Moscow insists cuts made {Economic Times} |
Russian crude oil flows to international markets still show no sign of the output cuts the country insists it is making . . . | |
![]() | 23 May 2023 : Cheap Russian crude is replacing Middle Eastern oil on Indias spot market {oilprice.com} |
Indias spot purchases of crude oil from the Middle East have fallen in recent months, as cheaper Russian spot barrels . . . | |
![]() | 23 May 2023 : UAEs oil exports to Europe expected to rise as Russian flows ease {spglobal.com} |
UAE oil exports to Europe are expected to increase in the coming months, displacing Russian flows that have dropped following its invasion of Ukraine in 2022 . . . | |
More Oil Transportation News | ^Jump to the top^ | |
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7. News on Oil companies | |
![]() | 26 May 2023 : Report: TotalEnergies uses record profits to fuel oil... {offshore-technology.com} |
French oil giant TotalEnergies used its record 2022 profits to double down on fossil fuel investments . . . | |
![]() | 25 May 2023 : Oil India beats fourth-quarter profit estimates on higher gas prices {Economic Times} |
Oil India Ltd beat fourth-quarter profit estimates on Wednesday, benefiting from higher gas prices as a recovery in the countrys economy . . . | |
![]() | 25 May 2023 : Gazproms profits plunge 40% as sanctions bite {oilprice.com} |
While Russian oil giant Rosneft and LNG giant Novatek are holding down the fort for shareholders, Gazprom is feeling the bite of Western sanctions . . . | |
![]() | 17 May 2023 : Indian Oil net profit swells 55% to Rs10,290 cr {livemint.com} |
State-run Indian Oil Corporation Ltd, the countrys largest oil refiner and retailer, recorded a massive 54.8% year-on-year jump . . . | |
![]() | 15 May 2023 : Aramco banks lower $31.9bn after drop in oil prices {brecorder.com} |
Oil giant Saudi Aramco announced first-quarter net profit of $31.9 billion on Tuesday, down 19.25 percent from a year earlier after a drop in crude prices . . . | |
![]() | 11 May 2023 : ADNOC Gas Q1 net profit up 9% YoY {zawya.com} |
ADNOC Gas Plc., a subsidiary of Abu Dhabis state oil company ADNOC, reported a net profit of $1.3 billion for Q1 2023 . . . | |
![]() | 10 May 2023 : Occidental Petroleum quarterly earnings down 48%, misses estimates {Economic Times} |
U.S. oil and gas producer Occidental Petroleum Corp on Tuesday reported a 48% decline in first-quarter earnings . . . | |
![]() | 5 May 2023 : Equinor beats earnings estimates despite oil & gas price slump {oilprice.com} |
Norways energy major Equinor on Thursday reported adjusted earnings for the first quarter that beat the analyst consensus . . . | |
![]() | 5 May 2023 : Shell announces further share buybacks on strong earnings {oilprice.com} |
Shell on Thursday became the latest oil major to report first-quarter earnings above expectations and announced additional share repurchases of $4 billion . . . | |
![]() | 3 May 2023 : BP shares slide as first-quarter profit dips {kten.com} |
Shares of BP fell more than 5% Tuesday after the energy giant said it would return less cash to investors following a drop in first-quarter profit . . . | |
More news on oil companies | ^Jump to the top^ | |
8. Oil Contracts | |
![]() | 26 May 2023 : Sinopec signs key terms agreement with KazMunayGaz {hydrocarbonengineering.com} |
China Petroleum & Chemical Corp. has signed a key terms agreement with KazMunayGaz, the national operator of the oil and gas industry of Kazakhstan . . . | |
![]() | 25 May 2023 : Subsea contracts awarded for Turkish deepwater gas project {rivieramm.com} |
Turkish Petroleum has followed up its award of the pipelay contract for the Sakarya Phase 2 project with contracts . . . | |
![]() | 24 May 2023 : UK player scores new multi-million subsea riser order for... {offshore-energy.biz} |
UK-headquartered energy giant BP has handed out a subsea riser contract for a subsea well development project located offshore Trinidad . . . | |
![]() | 24 May 2023 : BP awards multi-million contract for subsea well... {oilandgasmiddleeast.com} |
BP has awarded a multi-million subsea riser contract to UK-based Aquaterra Energy, a leader in global offshore engineering solutions . . . | |
![]() | 22 May 2023 : Intraco signs contract with Sundarban Gas Co to supply gas... {observerbd.com} |
Private firm Intraco has signed a contract with Sundarban Gas Company Limited to supply gas to different industries in Dhaka . . . | |
![]() | 21 May 2023 : Sanaa, Beijing sign agreement on investments in oil sector {english.almayadeen.net} |
The Sanaa government and China sign an agreement on investments in the countrys oil sector as Yemen embraces foreign investments in its oil exploration sector . . . | |
![]() | 18 May 2023 : Qatar awards $10bn gas contract to Technip Energies {middleeastmonitor.com} |
QatarEnergy announced yesterday the signing of the main engineering, procurement and construction contract for the North Field South project . . . | |
![]() | 18 May 2023 : Tenaris signs drilling equipment and services contract... {offshore-technology.com} |
Tenaris has received a multi-year contract worth more than $100m from Neptune Energy for the supply of equipment and services . . . | |
![]() | 17 May 2023 : Neptune Energy awards +$100 million contract for drilling activities {neptuneenergy.com} |
Neptune Energy today announced the award of a +$100 million contract to Tenaris to provide equipment and services to support drilling activities . . . | |
![]() | 16 May 2023 : Philippines President extends contract for Malampaya gas... {offshore-technology.com} |
Philippine President Ferdinand Marcos Jr. has signed a renewal agreement to extend the production contract for the Malampaya natural gas block . . . | |
More news on oil contracts | ^Jump to the top^ | |
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9. News on Oil stocks | |
![]() | 27 May 2023 : Talos to sell stake in Mexicos Zama oil find {argusmedia.com} |
Talos Energy plans to sell a 49.9pc share in its Mexican subsidiary that includes the giant Zama shallow-water field to Grupo Carso . . . | |
![]() | 26 May 2023 : Chevron starts sale process of oil assets in Congo {offshore-technology.com} |
US energy giant Chevron has commenced the sale process for its oil assets in the Democratic Republic of the Congo, reported Reuters, citing sources . . . | |
![]() | 26 May 2023 : Indian state oil companies in talks to buy stake in Tullows... {Economic Times} |
Indian state-run oil exploration companies are in talks with Tullow Oil to buy a stake in the London-based firms block in Kenya . . . | |
![]() | 25 May 2023 : Repsol to sell 49% stake in renewable plants in Spain {Reuters} |
Spanish energy company Repsol plans to sell a 49% stake in wind farms and photovoltaic power plants in Spain . . . | |
![]() | 25 May 2023 : Indian oil ministry pushes for merger between HPCL and MRPL {offshore-technology.com} |
The Indian oil ministry is drafting a proposal to merge Hindustan Petroleum Corp Ltd and Mangalore Refinery and Petrochemicals Ltd . . . | |
![]() | 24 May 2023 : Investment firm Kistos acquires Mime Petroleum, gains access... {oedigital.com} |
The investment firm Kistos said Tuesday it had acquired all of the outstanding shares of Norway-focused oil company Mime Petroleum A.S. . . . | |
![]() | 24 May 2023 : Indian firms in bid to buy 50% stake in Kenyas $3.4bln oil project {zawya.com} |
Indian oil firms ONGC Videsh and Oil India Ltd partner for the possible acquisition of a 50 percent stake i . . . | |
![]() | 23 May 2023 : Europol Gaz pursues $1.45bn claim against Russias Gazprom {offshore-technology.com} |
Polish pipeline operator Europol Gaz has filed an arbitration lawsuit against Gazprom to recover losses it suffered . . . | |
![]() | 23 May 2023 : Oil companies in multi-billion dollar dispute with... {offshore-technology.com} |
International oil companies are looking for a solution to multibillion dollar disputes with the Government of Kazakhstan over operations . . . | |
![]() | 23 May 2023 : Nigerian Petroleum Company, NNPCL announces 20% stake... {saharareporters.com} |
The Nigeria National Petroleum Company Limited, NNPC, has said that it has purchased a 20% stake in the Dangote Refinery and Petrochemicals . . . | |
More news on oil stocks | ^Jump to the top^ | |
FPSO For Long Term Time Charter |
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10. News on Oil Pollution | |
![]() | 27 May 2023 : ONGC asked to pay damages for crude oil leak... {Economic Times} |
The Gujarat Pollution Control Board has ordered the Oil and Natural Gas Corporation to pay Rs 50 lakh in damages for the spillage of crude oil . . . | |
![]() | 26 May 2023 : Shell expects Zydeco oil pipeline to restart on Friday {Reuters} |
A Shell Plc unit on Thursday said it will begin oil deliveries on the Houston to Nederland portion of its Zydeco pipeline on Friday . . . | |
![]() | 26 May 2023 : Ship carrying 1.3m liters of crude oil held in Pangasinan {newsinfo.inquirer.net} |
Citing environmental threats, Pangasinan Gov. Ramon Guico III on Wednesday asked the Bureau of Customs to remove a ship . . . | |
![]() | 26 May 2023 : 250km long oil spill detected in the Red Sea {safety4sea.com} |
Environmental group SkyTruth is investigating a likely 250km long oil slick in Sudan waters, probably discharged from a moving vessel over several hours . . . | |
![]() | 26 May 2023 : UK Supreme Court rejects Nigerian oil spill claim {africanlawbusiness.com} |
Shell has successfully defended a claim by two Nigerian landowners that a 2011 oil spill continues to damage their land . . . | |
![]() | 25 May 2023 : Keystone pipeline owners knew of defect years before Kansas spill {kttn.com} |
Owners of the Keystone pipeline knew a defect had formed years before the strain finally caused the pipeline to burst . . . | |
![]() | 24 May 2023 : Saltwater, crude oil spill reported in Renville County {minotdailynews.com} |
Cobra Oil and Gas Corp. notified state agencies on Sunday of a saltwater and crude oil spill at a site it operates near Glenburn in Renville County . . . | |
![]() | 24 May 2023 : PCG detects oil spill in two Batangas towns {safety4sea.com} |
PCG could not confirm where the oil spill caused by the sinking of the MT Princess Empress off Oriental Mindoro . . . | |
![]() | 22 May 2023 : MARINA investigates personnel and revokes CPC in response... {palawan-news.com} |
The Maritime Industry Authority has launched a thorough investigation into the personnel responsible for the recent catastrophic oil spill . . . | |
![]() | 21 May 2023 : ExxonMobil appeals ruling by Guyanese court in oil spill... {dailyexcelsior.com} |
American oil giant ExxonMobil said Friday it had appealed a recent Guyanese court ruling forcing it to set aside hundreds of millions of dollars . . . | |
More Oil Pollution news | ^Jump to the top^ | |
11. OPEC News | |
![]() | 17 May 2023 : Opec sec gen invites Ecuador to rejoin producer group {argusmedia.com} |
Opec secretary general Haitham al-Ghais has invited Ecuador to rejoin the producer group, three and a half years after it left . . . | |
![]() | 16 May 2023 : OPEC cut failed to lift oil prices, but the year isnt over yet {oilprice.com} |
Crude oil prices have been on a losing streak for four consecutive weeks now, erasing all the gains they booked after OPECs latest supply cut . . . | |
![]() | 15 May 2023 : Global oil industry requires $12.1trln in investments... {zawya.com} |
Haitham Al Ghais, Secretary General of OPEC, said there may be no one-size-fits-all solution to a sustainable energy future . . . | |
![]() | 15 May 2023 : OPEC+ dealing realistically with oil market changes to... {spglobal.com} |
OPEC members and 10 other countries outside the group in the OPEC+ alliance are dealing realistically with oil market changes . . . | |
![]() | 14 May 2023 : Iraq does not expect OPEC+ to make further cuts at June meeting {zawya.com} |
Iraq does not expect OPEC+ to make further cuts to oil output at its next meeting in June, its oil minister Hayan Abdel-Ghani said . . . | |
![]() | 9 May 2023 : Iranian crude oil output stands at 2.56m bpd in March... {tehrantimes.com} |
Irans crude oil production stood at 2.567 million barrels per day in March, 8,000 bpd less than the figure for the previous month . . . | |
![]() | 8 May 2023 : Opec share in oil imports falls to 46% from 72% in last April {Times of India} |
Opecs share in Indias oil imports fell to 46% in April 2023 from 72% in the year-ago period as refiners . . . | |
![]() | 4 May 2023 : Nigeria, Iraq drag OPEC output down... {punchng.com} |
Crude oil production by the Organisation of the Petroleum Exporting Countries fell in April due to delays in Nigerian shipments . . . | |
![]() | 3 May 2023 : OPECs April production falls... {oilprice.com} |
OPECs crude oil production fell last month to a level not seen in nearly a year, a Bloomberg survey showed on Tuesday . . . | |
![]() | 1 May 2023 : Number of OPEC+ countries voluntary cut oil... {canadianinquirer.net} |
A number of countries participating in the OPEC+ agreement have voluntarily reduced their oil production . . . | |
More OPEC News | ^Jump to the top^ | |
12. General Oil News | |
![]() | 25 May 2023 : Offshore oil and gas continue to make waves {miningweekly.com} |
A new report from the Australian Institute of Marine Science has highlighted the growth of Australias offshore gas industry . . . | |
![]() | 24 May 2023 : TotalEnergies and Africa Oil quit Kenya oil project, leaving Tullow... {upstreamonline.com} |
Tullow Oils challenging multibillion-dollar South Lokichar project in Kenya has become just that bit more complex . . . | |
![]() | 22 May 2023 : G7 leaders call to strengthen climate response, adopt gas... {spglobal.com} |
G7 leaders called on the need for major economies to accelerate climate actions, while ensuring energy security through steps . . . | |
![]() | 21 May 2023 : Gulf oil giants turn to start-ups in carbon-capture bid {channelnewsasia.com} |
Faced with mounting pressure over planet-heating pollution, Gulf Arab energy giants are turning to humble tech start-ups . . . | |
![]() | 18 May 2023 : Iran to launch $15 billion oil and gas projects this year {oilandgasmiddleeast.com} |
Iran will launch about $15 billion worth of oil and gas projects in 2023, according to the countrys oil minister Jawad Owji . . . | |
![]() | 16 May 2023 : Egypt Gas posts 23.6% YoY growth in Q1 net profits {zawya.com} |
Egypt Gas reported a 23.67% year-on-year increase in its net profits after tax during the first quarter of 2023 . . . | |
![]() | 15 May 2023 : Angolas oil and gas sector rides a new wave of global investments {zawya.com} |
Angolas oil and gas sector is witnessing an accelerated pace of new investments over the past few months thanks to the rising oil prices . . . | |
![]() | 15 May 2023 : Oil market will flip to being undersupplied in coming months... {hellenicshippingnews.com} |
The imbalance between oil supply and demand is likely to reverse going into the summer, says one analyst . . . | |
![]() | 13 May 2023 : US could start buying oil for reserve after June sale {tribune.com.pk} |
US Energy Secretary Jennifer Granholm told lawmakers her department could start repurchasing oil for the . . . | |
![]() | 11 May 2023 : CNPC, Sinopec evacuate oil workers from Sudan... {upstreamonline.com} |
Chinese oil workers employed by China National Petroleum Corporation and Sinopec have fled the war-torn Sudan amid continued armed clashes . . . | |
More General Oil News | ^Jump to the top^ | |
13. News on Biofuels | |
![]() | 26 May 2023 : ExxonMobil signs marine biofuel agreement with Hapag-Lloyd {indiashippingnews.com} |
ExxonMobil signed an agreement with Hapag-Lloyd in order to supply the German ocean carrier with B30 marine biofuel . . . | |
![]() | 26 May 2023 : Aemetis resumes operations at 65 MMgy California ethanol plant {ethanolproducer.com} |
Aemetis Inc., a renewable natural gas and renewable fuels company focused on negative carbon intensity products . . . | |
![]() | 25 May 2023 : $100m biofuel plant expected to create nearly 300 new jobs... {klfy.com} |
Iberia Parish will soon be the site of a major biofuel plant, which is expected to create nearly 300 new jobs, according to Louisiana Economic Development . . . | |
![]() | 25 May 2023 : UNL88 can help drivers reduce costs, emissions this summer {ethanolproducer.com} |
With drivers expected to hit the roads in near pre-pandemic numbers this Memorial Day weekend, Growth Energy—the nations largest biofuels . . . | |
![]() | 25 May 2023 : EIA: Fuel ethanol production down slightly, stocks down 5% {ethanolproducer.com} |
U.S. fuel ethanol production fell slightly the week ending May 19, according to data released by the U.S. energy information administration . . . | |
![]() | 24 May 2023 : NWE biofuels demand from scrubberless vessels to rise {argusmedia.com} |
Vessels traveling in EU territorial waters without scrubbers next year may start using more biofuels when regulations require . . . | |
![]() | 24 May 2023 : Michigan project to convert dairy byproduct into ethanol {ethanolproducer.com} |
Michigan Milk Producers Association and Canadian Dairy Distillery announced a joint initiative that will transform a dairy byproduct into . . . | |
![]() | 23 May 2023 : KAAPA Partners Aurora joins RFA as newest producer member {ethanolproducer.com} |
The Renewable Fuels Association is pleased to announce the addition of KAAPA Partners Aurora LLC as the organizations newest producer member . . . | |
![]() | 23 May 2023 : Brazil North-Northeast anhydrous ethanol follows price collapse... {spglobal.com} |
Prices in Brazils North-Northeast anhydrous ethanol spot market plunged Real 450/cu m, 11.55%, in the week ended May 19 . . . | |
![]() | 22 May 2023 : Australia eyes 10pc renewable liquid fuel use by 2030 {argusmedia.com} |
Australia must target 10pc renewable liquid fuel use by 2030 to help reach its goal of 43pc reduction in greenhouse gas emissions from 2005 levels . . . | |
More Biofuels News | ^Jump to the top^ | |
Oil & Gas conferences in the next 60 days | |
^Jump to the top^ | |
![]() | Mozambique Energy & Industry Summit : From 30th May to 8th June 2023 at Cabo Delgado & Maputo. Map |
![]() | WLPGA Asia Regional Summit - Bangladesh 2023 : From 30th May to 31st May 2023 at Dhaka. Map |
![]() | North American Artificial Lift 2023 : From 30th May to 31st May 2023 at Texas. Map |
![]() | Container Shipping Conference 2023 : From 30th May to 31st May 2023 at Virtual . Map |
![]() | Discoveries Mining Conference : From 30th May to 1st June 2023 at Mazatlan. Map |
![]() | The 23rd China International Petroleum & Petrochemical Technology and Equipment Exhibition : From 31st May to 2nd June 2023 at Beijing. Map |
![]() | 28th Baku Energy Forum : From 1st June to 2nd June 2023 at Baku. Map |
![]() | Oil & Gas Digital Twin Conference 2023 : From 1st June to 2nd June 2023 at 100% Virtual Event. Map |
![]() | 31st EUBCE 2023 : From 5th June to 8th June 2023 at Bologna. Map |
![]() | Maritime Leaders Summit : From 5th June to 5th June 2023 at Oslo. Map |
![]() | 31st European Biomass Conference and Exhibition : From 5th June to 9th June 2023 at Bologna. Map |
![]() | Cruise Ship Interiors Design Expo Americas (CSI) : From 6th June to 7th June 2023 at Miami . Map |
![]() | Nor-Shipping 2023 : From 6th June to 9th June 2023 at Oslo. Map |
![]() | MTB Superyachts 2023 : From 7th June to 10th June 2023 at Malta. Map |
![]() | Downstream USA 2023 : From 7th June to 8th June 2023 at Houston. Map |
![]() | IADC International Tax Seminar : From 8th June to 9th June 2023 at San Antonio. Map |
![]() | 10th Sabah Oil, Gas & Energy Conference & Exhibition (SOGCE) : From 8th June to 9th June 2023 at Kota Kinabalu, Sabah. Map |
![]() | International Fuel Ethanol Workshop & Expo 2023 : From 12th June to 14th June 2023 at Omaha, Nebraska. Map |
![]() | International Conference on Algal Biomass, Biofuels and Bioproducts (AlgalBBB 2023) : From 12th June to 14th June 2023 at Hawaii. Map |
![]() | LDC Gas Forums Northeast : From 12th June to 14th June 2023 at Boston. Map |
![]() | Maritime Week Americas (MWA) : From 12th June to 14th June 2023 at New Orleans. Map |
![]() | Biodiesel Summit: Sustainable Aviation Fuel & Renewable Diesel : From 12th June to 14th June 2023 at Omaha, Nebraska. Map |
![]() | CIMAC World Congress 2023 : From 12th June to 16th June 2023 at Busan. Map |
![]() | 3rd Brazil Energy Summit : From 13th June to 14th June 2023 at Rio de Janeiro. Map |
![]() | TOC Europe : From 13th June to 15th June 2023 at Rotterdam. Map |
![]() | South Sudan Oil & Power 2023 : From 14th June to 16th June 2023 at Juba. Map |
![]() | Production Optimization Oil & Gas Conference : From 19th June to 20th June 2023 at Kuwait. Map |
![]() | 3rd Suriname Energy, Oil & Gas Summit (SEOGS 2023) : From 19th June to 22nd June 2023 at Paramaribo. Map |
![]() | 3rd Biofuels Forum : From 20th June to 21st June 2023 at Berlin. Map |
![]() | The 22nd Offshore China (Shenzhen) Convention & Exhibition 2023 : From 20th June to 21st June 2023 at Shenzhen. Map |
![]() | Data Driven Oil & Gas USA 2023 : From 20th June to 21st June 2023 at Houston. Map |
![]() | PhilMarine Expo 2023 : From 20th June to 22nd June 2023 at Pasay City. Map |
![]() | Turbo Expo 2023 : From 26th June to 30th June 2023 at Boston. Map |
![]() | Digital Oilfields Brazil 2023 : From 26th June to 27th June 2023 at Rio de Janeiro. Map |
![]() | Maritime Week Gibraltar 2023 : From 26th June to 30th June 2023 at Gibraltar. Map |
![]() | Oil & Gas Pipeline Leak Detection 2023 : From 26th June to 30th June 2023 at Houston. Map |
![]() | Shale Production Brazil 2023 : From 28th June to 29th June 2023 at Rio de Janeiro. Map |
![]() | 5th Refining & Petrochemical Innovation Conference Indonesia 2023 : From 28th June to 29th June 2023 at Jakarta. Map |
![]() | 7th Annual International East Russia Oil and Gas Forum : From 28th June to 29th June 2023 at Vladivostok. Map |
![]() | Vietnam International Marine & Offshore Expo 2023 : From 5th July to 7th July 2023 at Hanoi. Map |
![]() | Vietnam Marine & Offshore Expo (VIMOX) 2023 : From 5th July to 7th July 2023 at Hanoi. Map |
![]() | 22nd NOG Energy Week 2023 : From 9th July to 13th July 2023 at Abuja . Map |
![]() | Digital Oilfields USA 2023 : From 10th July to 11th July 2023 at Texas. Map |
![]() | Oil & Gas Smart Drilling USA 2023 : From 12th July to 13th July 2023 at Texas. Map |
![]() | 10th edition of Mexico Oil & Gas Summit : From 12th July to 13th July 2023 at Mexico City. Map |
![]() | NGV India Summit : From 20th July to 21st July 2023 at New Delhi. Map |
![]() | 8th Edition of Thailand Oil & Gas Roadshow 2023 : From 20th July to 21st July 2023 at Rayong. Map |
![]() | Zanzibar Energy & Industry Summit : From 26th July to 27th July 2023 at Zanzibar. Map |
See all events | ^Jump to the top^ |
Oil & Gas trainings in the next 60 days | |
^Jump to the top^ | |
![]() | Complex Negotiation Skills in The Oil & Gas : From 29th May to 2nd June 2023 at Cairo. Map |
![]() | Natural Gas & LNG Dynamics Course : From 30th May to 31st May 2023 at Singapore / In person Training . Map |
![]() | DOT 192 Compliance For Natural Gas Pipeline Operators : From 6th June to 7th June 2023 at Dallas. Map |
![]() | 2023 Natural Gas Connect : From 12th June to 15th June 2023 at Louisville. Map |
![]() | Root Cause Analysis : From 12th June to 15th June 2023 at Bandung / Jakarta. Map |
![]() | API 571 – Damage Mechanisms Affecting Fixed Equipment in the Refining Industry : From 12th June to 16th June 2023 at Kuala Lumpur. Map |
![]() | Production Sharing Contracts and Interntional Petroleum Fiscal Systems : From 12th June to 16th June 2023 at Singapore. Map |
![]() | API 579 – Fitness for Service : From 12th June to 16th June 2023 at Kuala Lumpur. Map |
![]() | Coiled Tubing Operation : From 12th June to 16th June 2023 at Kuala Lumpur. Map |
![]() | Dry Dock Training : From 13th June to 16th June 2023 at London. Map |
![]() | Dry Cargo Laytime and Demurrage : From 13th June to 16th June 2023 at Online. Map |
![]() | Offshore Wind Masterclass + Hydrogen Energy : From 14th June to 16th June 2023 at Melbourne. Map |
![]() | API 570 – Piping Inspector Course : From 19th June to 23rd June 2023 at Virtual Training. Map |
![]() | Applied Reliability – Centered Maintenance : From 19th June to 21st June 2023 at Bandung / Jakarta. Map |
![]() | Stuck Pipe Prevention and Fishing Operations : From 19th June to 23rd June 2023 at Kuala Lumpur. Map |
![]() | LNG Fundamentals : From 20th June to 22nd June 2023 at Perth. Map |
![]() | Best Practices in Heavy Transport and Lifting, Emphasizing Safety(Kuala Lumpur) : From 21st June to 23rd June 2023 at Kuala Lumpur. Map |
![]() | Loading Master Certification : From 21st June to 23rd June 2023 at Kuala Lumpur. Map |
![]() | Best Practices in Heavy Transport and Lifting, Emphasizing Safety : From 26th June to 28th June 2023 at Singapore. Map |
![]() | ISO 55000 - Asset Management International Standard : From 3rd July to 5th July 2023 at Bandung. Map |
![]() | API 510 - Pressure Vessel Inspector Course : From 3rd July to 7th July 2023 at Bandung. Map |
![]() | Mastering Clean Hydrogen Live Online Course : From 3rd July to 7th July 2023 at Live Online Course. Map |
![]() | Chartering Negotiations : From 4th July to 7th July 2023 at Live Online. Map |
![]() | Complex Negotiation Skills in The Oil & Gas : From 10th July to 14th July 2023 at Houston . Map |
![]() | API 653 – Tank Inspection, Repair, Alteration & Reconstruction : From 10th July to 14th July 2023 at Virtual. Map |
![]() | ASME B31.3 – Process Piping Code Design Requirements : From 10th July to 14th July 2023 at Virtual. Map |
![]() | Root Cause Analysis : From 10th July to 13th July 2023 at Virtual. Map |
![]() | Offshore Wind Masterclass + Hydrogen Energy : From 11th July to 19th July 2023 at Live Online . Map |
![]() | A 1-Day Course on Renewable Diesel/ Sustainable Aviation Fuel : From 12th July to 12th July 2023 at Sydney . Map |
![]() | Energy Storage Live Online Course : From 14th July to 21st July 2023 at Live Online Course. Map |
![]() | LNG Supply & Pricing Virtual Training Course : From 25th July to 27th July 2023 at Virtual / Online Training . Map |
See all training events | ^Jump to the top^ |
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