BP Spins Off Operations Of Iraq’s Largest Oilfield
BP is spinning off its assets in Iraq by setting up a joint venture with PetroChina which will manage Iraq’s largest oilfield Rumaila as the UK-based supermajor is looking to Continue Reading
Nigeria’s NNPC to supply 300,000 b/d of crude to Dangote refinery
Refinery: Dangote, Nigeria Owner: Dangote Group Overall capacity: 650,000 b/d Notes: Nigeria’s Nigerian National Petroleum Corporation will supply 300,000 b/d of crude to the 650,000 b/d Dangote oil refinery, which Continue Reading
Starved of electricity, Lebanon picks Dubai’s ENOC to swap Iraqi fuel
Lebanon’s energy ministry said it had picked Dubai’s ENOC in a tender to swap 84,000 tonnes of Iraqi high sulfur fuel oil with 30,000 tonnes of Grade B fuel oil Continue Reading
Libya’s AGOCO warns of output stoppage
Libya’s Arabian Gulf Oil Co (AGOCO) will stop operations unless it receives its budget allocation for 2020 and 2021, it said in a statement late on Thursday, without giving a Continue Reading
Macron visit feeds hopes of breakthrough for Total deal
The French president’s second trip to Iraq in less than a year could potentially help push a massive energy deal across the finish line for TotalEnergies. Iraqi Prime Minister Mustafa Continue Reading
Slow well re-connection curbs optimism over Mexico oil output recovery -sources
Pemex Chief Executive Officer Octavio Romero gestures in a news conference after Sunday’s fire on an offshore platform in the southern Gulf of Mexico, at the headquarters of state-owned oil Continue Reading
PetroChina aims for even split for oil, gas, green energies by 2035
PetroChina aims to have oil, gas, and green energies to each account for a third of its portfolio by 2035, it said on Thursday, as the Chinese oil major shifts Continue Reading
India’s Demand For Petrochemicals Set To Surge Tenfold By 2050
India’s petrochemicals demand is expected to jump ten times by 2050, the president of India’s Chemicals and Petrochemicals Manufacturers’ Association (CPMA) said at the CPMA – Argus Petrochemical Online Forum Continue Reading
U.S. offshore oil workers flee as storm approaches Gulf of Mexico
U.S. energy companies on Thursday began airlifting workers from Gulf of Mexico oil production platforms and moved vessels from the path of what could become a devastating hurricane by the Continue Reading
Canada Sees Supply of Main Crops Dropping 26% on Drought Impact
Canada, the world’s biggest canola grower and a major wheat producer, forecasts a 26% drop in supplies of its main crops as drought ravages output and inventories shrink. Grain and Continue Reading