IOCs Compete For Iraq’s Nahr Bin Umar Field
TotalEnergies wants to partner with ConocoPhillips to develop Iraq’s Nahr Bin Umar oil field, reigniting IOC competition for the Basra field...
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TotalEnergies wants to partner with ConocoPhillips to develop Iraq’s Nahr Bin Umar oil field, reigniting IOC competition for the Basra field...
IOC, ‌the country's top refiner, had planned to source about 47% of its crude imports from ‌West Asia producers under annual deals on a free-on-board (FOB) ‌basis вЃ
LONDON: The world's biggest energy companies are poised to deliver another quarter of bumper profits, fuelled by record refining margins. Flush with cash, Big Oil now needs to cha...
The state-run E&P company is expanding its offshore footprint while strengthening seismic evaluation, drilling capabilities and integrated energy infrastructure
At least three Indian oil refiners and a global energy major plan to stop using vessels on Iran's new blacklist, including for ship-to-ship transfers, due to security concerns, fou...
Key takeaways Oil Expansion Plans: Chevron and Eni to invest billions, aiming to more than double Venezuela’s oil output within five years; Chevron targets 600,000 barrels/day, Eni...
• PETAN flags double-digit bank rates, 90-day payment delays stifling capacity Peter Uzoho Indigenous oil and gas service companies have raised alarm over long tender approval cycl...
(Oil Price) – Hundreds of oil executives have flocked to Venezuela’s capital city of Caracas this week for the first major […]
By Obas Esiedesa, Abuja ABUJA — Indigenous oil and gas operators now account for more than 50 per cent of Nigeria’s crude oil production, the Federal Government has said. The Minis...
(BOE Report) – At least three Indian oil refiners and a global energy major plan to stop using vessels on […]
TotalEnergies (40%, operator), together with its partner AMNI (60%), have taken the Final Investment Decision (FID) for the development of the Ima gas field, straddling the OML 112...
(World Oil) – 1947 Oil & Gas plc has begun trading on the AIM market of the London Stock Exchange, […]
Indonesia’s state-owned oil company, Pertamina, is considering investing in Nigeria’s upstream sector, signalling interest in the 2026 oil licensing round. Read More: https://punc...
• Says relationships must extend beyond regulatory compliance Emmanuel Addeh in Abuja Oando Energy Resources, the upstream subsidiary of Oando Plc, Africa’s leading indigenous ener...
MUSCAT: Oman India Fertiliser Company (OMIFCO) is engaged in intensive discussions with Integrated Gas Company (IGC), the state-run exclusive aggregator and supplier of natural gas...
·$20bn Bonga project nears FID, land rig deployment climbs to 52 Peter Uzoho Nigeria’s upstream petroleum industry is showing renewed signs of activity as the Nigerian National Pet...
Omani state-led upstream firm PDO has raised oil production to take advantage of the record prices Omani crude has fetched this year. The Ho...
(Oil & Gas 360) – Indonesia Energy Corporation (NYSE: INDO) is advancing a multi-asset growth strategy in Indonesia, combining near-term […]
Western groups look to new investment opportunities despite the chaos and heightened risks caused by the conflict with Iran
In the case of BPCL, HPCL and IOC, OMCs' crude procurement cost has already jumped to $125 a barrel, resulting in steep marketing losses.
MUSCAT, SEPT 22Omani oilfield services provider Desert Sand Oil & Gas (DSOG) has taken a significant step towards expanding into Africa through a cooperation pact with Angola’s...
OFAC clearance keeps ONGC Videsh's Venezuela operations on track; capex plans hinge on framework agreement with Caracas.
Paris: The International Energy Agency (IEA) said Saturday that member countries had so far released 325 million barrels of oil and oil-derivative products from strategic reserves,...
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