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Oil & Gas

Saudi Crude Price Dip For 4 Months Straight May Be A Reality

For the straight fourth month this march, world’s largest oil exporter, Saudi Arabia may reduce prices of grades that are sold to Asia because of low physical oil premiums as there are still worries concerning oversupply that persist despite...

Trinidad And Tobago Gets US Nod For Offshore Gas Exploration

As per the Trinidadian and U.S. officials, the Biden administration has given Trinidad and Tobago approval in order to make use of a key gas resource off the Venezuelan territorial waters, which will further lead to easing some sanctions...

Uganda Joins Crude Making Nations With Oil Drilling Project

Uganda has recently launched an official oil drilling programme as it looks forward to joining the club of crude producing nations with a massive project that has enraged certain environmental groups. The Kingfisher field happens to be a part of...

Historic Move By Norway To Plan Offering 92 Oil & Gas Blocks

Norway on January 24 expressed that it plans to offer energy companies a record number of blocks in the Arctic for oil and gas exploration. The fact is that the Scandinavian country is looking to prolong its hydrocarbon production....

Not Anymore New Oil & Gas Exploration Deals In Columbia

The Colombian government has decided to forego awarding new contracts for oil and gas exploration and instead focus its financial resources on developing the tourism industry and other energy sources. Gustavo Petro, president of Colombia, was elected in August after...

Licencing Bids For UK Oil & Gas Exploration Sees An Increase

For its most recent round of oil and gas licencing and priority blocks, those with the potential for quick development, the UK has attracted 115 bids, which could be chosen as early as April. 931 North Sea tracts were offered...

MoU In Place For Ammonia Plants Catering To Global Hydrogen

A memorandum of understanding has been signed between the Abu Dhabi National Oil Company (Adnoc) and Thyssenkrupp, the German engineer, to develop ammonia plants that will assist the global hydrogen market. Adnoc is going to be using UHDE reformer...

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