U.S. Emerges As the World’s Top LNG Exporter in December 2021
U.S. has topped the world’s liquefied natural gas (LNG) exporter for the first time by the end of December 2021.
U.S. | Egypt Oil & Gas - Part 2
TotalEnergies, Clean Energy Begin Construction of Biomethane Unit
TotalEnergies alongside with its partner Clean Energy have announced the launch of the construction of their first biomethane production unit, in Friona, Texas.
El Molla Participates in Net Zero World Initiative at COP26
The Minister of Petroleum and Mineral Resources Tarek El Molla has participated in the launch of the Net Zero World Initiative, as a part of the current COP26 summit held in Glasgow to accelerate the transition to ...
Shell Signs Agreement to Acquire Landmark Retail Sites in U.S.
Shell Retail and Convenience Operations which is a subsidiary of Shell Oil Products, has signed an agreement to acquire 248 fuel and convenience retail sites from the Landmark Group.
US Lifted Some Oil Sanctions off Sudan
The US government has eased sanctions against Sudan. The current decision lifts restrictions on petroleum and petrochemical industries, including oilfield services and oil and gas pipeline transactions by Americans.
Oman, Iran LNG Pipeline to Cost $1.5b
A planned sub-sea natural gas pipeline to link Iran and Oman is expected to reach a higher estimated cost of $1-1.5b after the two countries had to change the project's route and design to avoid waters controlled by ...
India, US Reduce Nigerian Crude Imports
Both India and the US have reduced their Nigerian crude oil imports by 43% and 53% respectively, a call that translated to a minimum loss of $270m of earnings in the Nigerian economy.
Russia’s Rosneft Dismisses OPEC as Regulator
Head of Russia's top oil producer Rosneft said that Saudi Arabia, the United States and Russia were the three main players on global oil markets and the role of OPEC was evaporating.
Hi-tech and Big Data Steps Into the U.S. Oil Industry
With the price of crude plumbing lows not seen since 2009, Royal Dutch Shell, Whiting Petroleum Corp and many others are turning to rocket fuel, Big Data, lasers, spectrometers and other new or revamped technologies ...
