Malaysia's Petronas sees tough times ahead despite higher oil, LNG sales Hellenic Shipping News WorldwidePetronas said Friday that rising sales of petroleum products and LNG helped the state-run Malaysian firm post profit and revenue growth in t …
Permian ‘child’ wells may cut oil recovery up to 20%, bank says ChronOil producers drilling so-called parent-child wells in the Permian Basin are risking the loss of 15% to 20% of the crude that can ultimately be recovered from ... Read more htt …
Egyptian LNG to return to full operation Petroleum EconomistThe 7.2mn t/yr Egyptian LNG (ELNG) facility will return to 100pc of nameplate capacity next month, the firm's senior optimisation manager Tamer Abdelsalam ... Read more https://www.pet …
Oil theft cost Nigeria $1.35 billion, group urges legal task force Reuters AfricaNigeria lost $1.35 billion to oil theft in the first six months of this year and needs a legal task force with special courts to tackle it, a government committee s …
Exxon Mobil, Shell among groups to build 5 Pakistan LNG terminals Saskatoon StarPhoenixISLAMABAD — Pakistan has approved the construction of five liquefied natural gas (LNG) terminals by groups that include Exxon Mobil Corp and Royal Dutch ... R …
LNG tankers divert to Asia, floating storage rises after price spike Reuters AfricaAt least five laden liquefied natural gas (LNG) tankers changed course from Europe to Asia and a rising number of other tankers were being used as floating ... Re …
LNG tankers divert to Asia, floating storage rises after price spike ReutersAt least five laden liquefied natural gas (LNG) tankers changed course from Europe to Asia and a rising number of other tankers were being used as floating ... Read more …
Iran threatens 'all-out war' if action taken over Saudi oil strike The GuardianIran's foreign minister has warned any attack on his country in response to its alleged role in a drone and missile strike on Saudi oil facilities would result in ... …
Italy's Eni starts gas output from Egypt's offshore Baltim South West field S&P GlobalItaly's Eni has started gas production from the Baltim South West field offshore Egypt, with output at an initial rate of 100 MMcf/d (2.8 million cu m/d), the …
UPDATE 1-Vitol and Mozambique's state oil firm form trading joint venture Reuters AfricaGlobal energy trader Vitol and Mozambique's state oil firm, ENH, have launched a trading joint venture called ENH Energy Trading, Vitol said on Tuesday, ... …