Nigeria’s Gas Reserves jump to 206.53 tscf
The Department of Petroleum Resources (DPR) stated that Nigeria has recorded gas reserves amount to 206.53 trillion standard cubic feet (tscf) in 2020 compared to 202 tscf in 2019.
News / International
Iran’s NIOC Sets Plan to Resume Oil Production
The Deputy Director of Production at the National Iranian Oil Company (NIOC), Farrokh Alikhani announced that his company has prepared a precise plan to resume oil production to the pre-sanctions levels in one week, one-month and three month intervals,
ExxonMobil Makes New Oil Discovery Offshore Guyana
ExxonMobil announced that it has made a new discovery at Longtail-3 in Guyana.
Russia Starts Production from Amur gas Processing Plant
Gazprom company announced that Russia has hold a ceremony for the first production train of Amur Gas Processing Plant (GPP) which is one of the largest plants of its kind in the world.
Brazil’s CADE Approves Sale of RLAM Refinery to Mubadala
The Brazilian Administrative Council for Economic Defense (CADE) has approved the sale of RLAM refinery to Mubadala Capital.
Baker Hughes, Air Products to Collaborate on Hydrogen Projects
Baker Hughes company announced that it will collaborate with Air products company, a global leader in industrial gases and megaproject development on developing NEOM carbon-free hydrogen project in Saudi Arabia by providing advanced compression technology.
Pembina Pipeline to Aquire 50% Stake in Cedar LNG Project
Pembina Pipeline Corporation will acquire a 50% stake in Canada's proposed Cedar liquified natural gas (LNG) project and will develop the LNG facility in British Columbia in partnership with the indigenous group, The Haisla Nation.
Mubadala Joins EIG Consortium to Buy Aramco Pipelines Share
Abu Dhabi’s sovereign fund Mubadala has joined a consortium led by US-based EIG to buy a 49% equity stake in Aramco Oil Pipelines Company.
Singapore’s Pavilion Energy, BP Sign 10-Year LNG Deal
Singapore’s Pavilion Energy has signed a 10-year deal to buy liquefied natural gas (LNG) from BP’s Singapore unit beginning in 2024, in order to diversify its gas supply sources.
Oman LNG, Shell to Deliver 1st Carbon-Neutral LNG in ME
Oman LNG has signed an agreement with Shell to deliver the first carbon-neutral liquified natural gas (LNG) cargo in the Middle East (ME) from Oman LNG’s facility in Sur.
