The road map of cooperation between Iran and Uzbekistan in the oil, gas and petrochemical industries was compiled during a visit of Uzbek President Shavkat Mirziyoyev and his accompanying delegation to Tehran.
Tullow Oil PLC – Africa and South America-focused oil and gas exploration company – Announces results of its offer to purchase a portion of its outstanding USD800.0 million 7.0% senior notes due 2025.
Angola’s Ambassador to the Dominican Republic, María Cándida Pereira Teizeira has met with the Caribbean country’s Minister of Energy and Mines, Eng. Antonio Almonte, to discuss the possibility of collaborating in oil and gas development.
China added to crude oil stockpiles at the fastest rate in nearly three years in May, as robust imports outweighed near-record refinery processing.
Indonesian Government-backed energy company Pertamina has secured a long-term extension to its contract to develop the Menzel Ledjmet Nord (MLN) oil and gas block in Algeria.
Recent discoveries in offshore Guyana and Suriname have brought the spotlight firmly back on South America’s hydrocarbon sector, with analysts calling the Guyana Suriname Basin as the world’s most exciting frontier oil play.
One of my 2023 energy predictions was that the U.S. would set a new annual oil production record this year. As we approach the midpoint of the year, this prediction is still tracking toward being accurate.
The vast disparity between China’s oil needs to power its economy and its lack of oil reserves has meant that its economy has been a key driver for oil prices since the mid-1990s.
Saudi Arabia, the world’s top crude oil exporter, saw its crude exports drop to a five-month low in April, a month before the first of the voluntary Saudi cuts began in May, data from the Joint Organizations Data Initiative (JODI) showed on Monday.
Kazakhstan has struck a number of deals this month to expand co-operation with China in the oil and gas industry, as Astana seeks closer ties with Beijing while reducing its reliance on Moscow. Kazakh national welfare fund Samruk-Kazyna and China’s state-owned oil company CNPC reached agreements in Astana on June 6 on jointly developing Kazakhstan’s oil and gas industry, the former reported.