Canada Pension Plan Investment Board (CPP) agreed on Tuesday to buy a 49% stake in Aera Energy, a California oil venture being acquired by German asset manager…
OIL Feed Atom
French oil company TotalEnergies (TTEF.PA) said on Wednesday it had agreed to buy the upstream assets in the United Arab Emirates of Spanish energy company Cepsa (CPF.GQ).
Oil slipped on Wednesday, giving up an earlier gain, as signs of ample supply and rising U.S. crude inventories countered hopes for higher demand arising from a…
The head of the Iran Oil Terminals Company (IOTC) has said that Jask Oil Terminal, as a national and strategic project under the management of IOTC in…
National Iranian South Oil Company (NISOC)’s plan to develop 28 reservoirs, with the focus being on output preservation and enhancement, is accelerating. Ali Reza Daneshi, CEO of…
The Iranian Petroleum Ministry’s Directorate of OPEC and Int’l Energy Fora has analyzed the oil market to conclude that last year’s developments gave rise to a new…
As the international oil market warms up for 2023 let’s take a look at major events that had immense impact on the world oil markets in 2022….
Morgan Stanley has raised its global oil demand growth estimate for this year by about 36%, citing growing momentum in China’s reopening and a recovery in aviation,…
Russian oil pipeline monopoly Transneft said on Monday that it had started pumping oil from Kazakhstan to Germany via Poland through the Druzhba pipeline, while halting deliveries…
Oil prices edged lower on Monday as a stronger dollar discouraged buying though losses were limited by supply concerns after Russia halted exports to Poland via a…
The head of the Iran Oil Terminals Company (IOTC) said: “Jask Oil Terminal, as a national and strategic project under the management of the administration and the…
A member of the Energy Committee of the Islamic Parliament said: “Today, the economic cooperation between Iran and China is more coherent than ever, and the recent…
Ecuador’s oil industry will return to normal operations within three weeks, the government predicted on Friday after the energy ministry declared force majeure following a bridge collapse…
National Iranian Drilling Company (NIDC) dug and completed the digging operations of 93 oil and gas wells during the first 11 months of the current Iranian calendar…
Iranian Minister of Petroleum Javad Owji said all foreign currency obtained from the export of petrochemical and refining companies will be offered in the Iran Center of…
An expert on energy issues said since the driving engine of China’s economy is the energy sector and Iran also has stable sources of energy, the latter…
Saudi Arabia made the cut in the oil production for the fourth month in a row in December, bringing the total Saudi oil production to about 10.44mln…
Companies in Singapore will have to consider and manage any potential impact on their business activities, transactions, and customer relationships when dealing with Russian crude oil and…
China’s top oil and gas major CNPC has completed a months-long reshuffle with the addition of six regional offices that report to Beijing headquarters to better coordinate…
The United States plans to announce $250 million in aid on Friday to shore up Ukraine’s energy infrastructure in the face of Russian attacks and $300 million…