Crude oil deposits discovered in Kenya are insufficient to justify construction of a refinery, a senior petroleum ministry official said.
The 209,000-barrel-per-day Aruba refinery, operated by a unit of U.S. Citgo Petroleum, is putting a $685 million refurbishing project on hold due to sanctions imposed by the United States on Venezuela, the company said.
Under the U.S. Renewable Fuel Standard, oil refiners must blend billions of gallons of biofuels into their gasoline and diesel each year or buy credits from those that do.
California doesn’t usually come to mind when talking about the U.S. oil boom, but the state’s dirty oil is commanding an increasingly large premium amid an international shortfall of dense, high-sulfur crude.
An oil discovery in a remote corner of northwestern China could trigger a surge in shale drilling, benefiting service companies and providing a needed output boost for the world’s biggest importer, according to analysts at Morgan Stanley.
SKK Migas has confirmed a gas discovery at the Repsol-operated Sakakemang PSC, onshore Central Sumatra, Indonesia, according to Wood Mackenzie's research director Andrew Harwood.
Alexey Miller, chairman of the Gazprom management committee, and Yan Novikov, chairman of the management board, director general of the Almaz-Antey Corporation, at the Russian Investment Forum in Sochi signed a long-term contract for the supply of import-substituting products in the amount equal to guaranteed future purchases.
McDermott International, Inc. has announced two sizeable contracts, one from Sarawak Shell Berhad (SSB) and one from Sapura Exploration and Production (SEP), to provide transportation and installation of offshore structures, pipelines and pre-commissioning work for the Pan Malaysia field development located off the shore of Sarawak, Malaysia.
There’s only so much you can do to make oil and gas production cleaner.
Qatar, the world's top liquefied natural gas (LNG) exporter which is facing a trade boycott by some Arab states, wants to reduce reliance on imports and lift domestic production.
Texas project will be the 4th US export facility using Air Products' proprietary LNG technology.
Iran has become self-sufficient in gasoline production, Iranian Oil Minister Bijan Zanganeh said after the inauguration of the third phase of the Persian Gulf Star Refinery
Saudi Arabia has signed an agreement to supply Pakistan with crude oil and petroleum products to secure its fuel needs,
U.S. independent energy producer Anadarko has notched up another long-term commitment to buy liquefied natural gas (LNG) from its proposed Mozambique terminal, moving closer to approving the multi-billion dollar project.
Bolivia and Argentina agreed to a modification in a key gas import contract that changes prices and volumes the Andean country exports to the southern nation, the governments announced.
Chevron U.S.A. Inc, a wholly owned subsidiary of Chevron Corp, announced the signing of a sales and purchase agreement with GS Caltex Corporation for the delivery of liquefied natural gas (LNG) to South Korea from Chevron’s global supply portfolio.