Oil & Gas

Mid-2023, Newest Mexican Oil Refinery Will Run Half Strength

According to the reports that came in on December 24, the newest refinery of the Mexican state oil corporation Pemex will complete half of its capacity for processing crude oil in July. This announcement represents the most recent change...

Gas Discovery In Cyprus Brings Considerable Energy Potential

According to the Cypriot government, a recent gas discovery off the coast of Cyprus demonstrates the bright energy potential of the eastern Mediterranean. The Italian energy juggernaut Eni and France's TotalEnergies, who together play a key role in Nicosia's offshore...

$674m Gas Project Halted After Australian Market Meddling

The Australian government's radical intervention in the gas market has shown that it could hurt future investments. For instance, Senex Energy stopped a A$1 billion (US$674 million) domestic gas supply expansion that would have created hundreds of new jobs...

Malaysia Boosts Its Exploration Success To 10 Finds In 2022

Off the coasts of Sarawak, Sabah, and Peninsular Malaysia, a total of nine oil and gas discoveries were made. Petronas Carigali made the greatest oil discovery at the Nahara-1 well in Block SK306 in the Balingian region of Sarawak. According...

Russian Oil Exports See A Dip of 11% Between December 1-10

According to the Kommersant daily on December 21, which cited unnamed people with knowledge of the issue, Russian oil shipments decreased by 11% for the period of December 1 through 20 compared to the prior month. As per Kommersant, Russia...

Russian Crude-By-Rail Exports Enhance For China And Asia

In order to enhance crude supplies to China and the Asia-Pacific region, Russia is getting ready to restore rail loading facilities in East Siberia, according to a senior executive with Russian national oil pipeline operator Transneft. Following upbeat claims from...

Norwegian November Oil And Gas Output Was Lower Than Thought

According to preliminary figures from the local regulator released recently, Norwegian crude oil and natural gas production fell short of government projections in November. As per the information released by the Norwegian Petroleum Directorate (NPD), Norway produced crude oil on average...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Must read