Category: Oil and Gas

A fuel tanker accident in northwest Nigeria has killed at least 150 people, and wounded many others.

The global oil market is facing a substantial surplus moving into the next year, says International Energy Agency.

Crude oil flowing through the Bab el-Mandeb in the Red Sea has decreased by more than 50% in the first eight months of 2024 says EIA.

OPEC has reduced its forecast for 2024’s global oil demand growth, while also lowering its projection for 2025.

CNOOC reveals record cumulative production of nine billion cubic meters of natural gas from the Deep Sea #1 field.

ExxonMobil and Helleniq Energy have moved to the second stage of its natural gas seismic research offshore Crete.

Crude oil inventories in the US rose by 10.9 million barrels during the week ended Oct. 4, said data from the American Petroleum Institute.

EIA lowers previously published demand level for global oil next year, on the back of weakening economic activity in both America and China.

Libya’s oil production has risen above one million barrels a day (bpd) for the first time since August.