Downstream
Trillion Energy to increase gas production at SASB gas field with three new side-track wells
Trillion Energy has identified several additional opportunities to increase production at the SASB gas field during 2023 by adding three...
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Perenco Brazil’s FSO ‘sets sail to Pargo Cluster offshore Brazil
Perenco Brazil announced that the Floating Storage and Offloading (FSO) vessel, “FSO PARGO”, left Dubai and is on its way...
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Despite Demand Uncertainties, Oil Price End 2022 On A High
Despite a sudden increase in US crude supplies, worries about the recession, and worries about demand because of a repeat...
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Oil Expected To Conclude Tumultuous 2022 Slightly Higher
In a year marked by limited supply because of the crisis in the Ukraine, a strong currency, and poor demand...
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chevron invests in carbon capture and removal technology company, svante
Chevron New Energies (CNE), a division of Chevron U.S.A. Inc., and Svante announced that Chevron is the lead investor in...
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INPEX enters 20-year purchase agreement with Venture Global for 1.1 million tons of LNG per year
Venture Global LNG and INPEX Corporation announced the execution of a long-term sales and purchase agreement for the purchase of...
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Aramco and TotalEnergies to build petrochemical complex in Saudi Arabia
The Saudi Arabian Oil Company and TotalEnergies have taken the final investment decision for the construction of a world scale...
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Following A Price Cap, Russia Says May Reduce Oil Production
In response to price limitations on its crude and processed products, Russia may reduce oil production by 5 to 7%...
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Newest Mexico Oil Refinery To Run Half Strength By Mid-2023
According to the reports that came in on December 24, the newest refinery of the Mexican state oil corporation Pemex...
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Russian Oil Exports Fell 11% For First 10 Days of December
According to the Kommersant daily on December 21, which cited unnamed people with knowledge of the issue, Russian oil shipments...
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