Category: Oil

Predator Awards Drilling Contract for Snowcap-3 Well in Trinidad

On August 17, Predator Oil & Gas has signed a contract with Star Valley Drilling (Trinidad) for ...

2026-08-18

Chevron Encounters Over 600-Meter Oil and Gas Column in Angola Well 105-4X

On August 17, Chevron confirmed that its Angolan subsidiary, Cabinda Gulf Oil Company, discovered oi...

2026-08-18

China's National Development and Reform Commission and National Energy Administration Release the "15th Five-Year Plan for Oil and Natural Gas Development"

On August 17, the National Development and Reform Commission and the National Energy Administration ...

2026-08-17

FEED Contract Awarded for Phase 5 of Algeria's MLN Oil and Gas Field

On August 17, the front-end engineering design (FEED) contract for the fifth-phase development proje...

2026-08-17

Uzbekistan Plans Long-Term Aviation Fuel Imports from China to Meet Growing Demand

Uzbekistan is considering long-term imports of aviation fuel from China to diversify its import sour...

2026-08-17

India's HPCL Commissions 370 Tonnes/Year Green Hydrogen Unit

The global energy transition is increasingly focusing on two energy carriers: "molecules" and "elect...

2026-08-17

India's Ministry of Petroleum and Natural Gas Sets Highest LPG Production Target at 63,800 Tonnes Per Day

On August 13, the Ministry of Petroleum and Natural Gas issued an order setting, for the first time,...

2026-08-17

Construction progress of Mongolia's first large-scale oil refinery exceeds 60%, with production slated for Q2 2028

Construction progress on Mongolia's first large-scale oil refinery has surpassed 60% after a two-yea...

2026-08-17

DOF Secures Two Subsea Service Contracts in Asia-Pacific, Up to $50 Million

On August 14, DOF Group disclosed that it has secured two subsea service contracts in the Asia-Pacif...

2026-08-17

U.S. Kolibri Q2 2026 Production Up 46% to 4,690 Barrels Per Day

Kolibri Global Energy released its second-quarter 2026 operating results, with production up 46% yea...

2026-08-17

U.S. APA Raises 2026 Oil Production Forecast to 123,000 Barrels Per Day

Wedoany Net, APA Corporation raised its full-year 2026 Permian oil production guidance in its second...

2026-08-16

BRS Lowers 2032 Oil Demand Peak Forecast to 105 Million Barrels Per Day

BRS Tanker has revised its global oil demand peak forecast down to approximately 105 million barrels...

2026-08-16

U.S. Energy Secretary Wright Visits Port of Brownsville, Highlights Its Role as an Industrial and Energy Hub

U.S. Secretary of Energy Chris Wright recently visited the Port of Brownsville in South Texas, holdi...

2026-08-15

TGS and GTI Sign Four-Year Strategic Cooperation Agreement for Seismic Acquisition

Dimension News, August 14 – Norwegian energy data group TGS and U.S. seismic technology company Geop...

2026-08-15

Argus: Russia's Oil Exports to China Surge 92% in First Half of Year

Dimension News, international energy consultancy Argus released a report showing that in the first h...

2026-08-15

India invests $5.5 billion in Russian oil and gas, with cumulative profits of about $9 billion

Dimension News, August 14 — At the "Arctic-Region" forum in Arkhangelsk, Ekaterina Serova, Director ...

2026-08-15

Arrow Exploration Acquires Producing Oil and Gas Assets in Thorsby, Alberta for C$12.15 Million

Dimension News, August 14 – Arrow Exploration Corp. (AIM: AXL; TSXV: AXL) announced the acquisition ...

2026-08-15

American Petroleum Institute and Mexico's IMP Sign Cooperation Agreement on Oil and Gas Standards and Technical Training

The American Petroleum Institute (API) and the Mexican Petroleum Institute (IMP) have signed a memor...

2026-08-15

India becomes first official partner country of Russia Energy Week in October

The Russian government announced in a statement on Thursday that India will become the first officia...

2026-08-15

Peruvian Government Announces 15%-20% Diesel Subsidy and Approves Emergency Fuel Reserves

Peruvian President Keiko Fujimori announced targeted subsidies of 15% to 20% for transport operators...

2026-08-15

US West Coast refinery purchases 540,000 barrels of fuel oil from Malaysia

On August 8, a cargo of over 540,000 barrels of low-sulfur straight-run fuel oil departed from Penge...

2026-08-15

Peru's Solgas Invests Over $2 Million to Boost LPG Storage Capacity by 75%

Solgas plans to expand its liquefied petroleum gas (LPG) supply infrastructure in Peru to address th...

2026-08-15

Baker Hughes: Total US and Canada rig count rises to 812 in week ended Aug 14

Data released by Baker Hughes Inc. shows that for the week ended August 14, the total rig count in N...

2026-08-15

Petrobras Discovers Oil and Gas at a Water Depth of 2,886 Meters off the Coast of Amapá State

On August 14, Petrobras discovered hydrocarbons in the Morpho exploration well in Block FZA-M-59, of...

2026-08-15

$10.5 Billion GranMorgu Project Enters Execution Phase, Suriname's First Offshore Oil Field Targets First Oil in 2028

On August 13, the latest progress on Suriname's GranMorgu deepwater oil field project shows that FPS...

2026-08-14

Petrobras' Tupi Asset Reaches Cumulative Production of 4 Billion Barrels of Oil Equivalent

On August 13, Petrobras disclosed that the Tupi asset, located in the pre-salt layer of the Santos B...

2026-08-14

Turkey Cuts Diesel Excise Tax to Zero, Phased Restoration Begins in September

On August 13, the Turkish government formally implemented a temporary reduction of the Special Consu...

2026-08-14

Saudi Aramco Negotiates September Crude Allocations with Asian Clients Individually

As of August 13, affected by disruptions to shipping through the Strait of Hormuz and the Red Sea, S...

2026-08-14

China's Lianyungang-Huai'an Crude Oil Pipeline Commissioned, Annual Throughput Capacity of 18.5 Million Tons

On August 13, the Lianyungang-Huai'an section of the Lianyungang-Yizheng Crude Oil Pipeline Project ...

2026-08-13

Argus launches Abu Dhabi crude oil price assessments in the Gulf of Oman

On August 12, Argus, a global energy and commodities price reporting agency, launched price assessme...

2026-08-13
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