Pakistan Partners with Canadian Firm to Boost Domestic Heavy Crude Output
Pakistan’s national Oil and Gas Development Company Limited (OGDC) has signed an agreement with a Canadian firm to deploy advanced technology to boost production from heavy crude oilfields, the largest…
India Expands Oil Storage Sites After Shock Supply Disruption
India’s state-owned Oil and Natural Gas Corporation (ONGC), the top explorer in the country, will build a new storage site at Mangaluru to hold about 13 million barrels of oil…
BP Earnings Surge to $5.7 Billion on Oil Price and Refining Boom
BP more than doubled its profit for the second quarter from a year earlier on the back of higher oil and gas prices and stronger refining margins driven by the…
Saudi Aramco’s Adjusted Profit Jumps 33% as Oil Prices Surge
Saudi Aramco saw its adjusted net income jump by 33% for the second quarter from a year earlier as high oil prices and the oil giant’s ability to re-route most…
Germany’s Energy Demand Falls as High Prices Hit Oil Consumption
Germany’s energy demand dropped by 1.9% over the first half of the year on surging oil and gas prices, according to preliminary data released by the Working Group on Energy…
Tanker Traffic Remains Subdued Despite Trump’s Talk of Peace
Tanker crossings in the Strait of Hormuz and Bab el-Mandeb remained subdued at the start of this week despite reports about potential renewal of peace talks based on statements made…
Venezuela’s Oil Exports Fall Even as U.S. Shipments Hit Seven-Year High
Venezuela exported 1.16 million barrels of crude oil daily last month, a slight decline from June’s 1.2 million barrels daily, on lower withdrawals from storage, Reuters has reported, noting that…
Japan chemical firm bets on advanced reclamation to tackle fluorocarbon supply
Aohong Chemical Japan is investing ¥1.8bn ($11.4m) in what is set to become one of Japan’s largest fluorocarbon reclamation facilities, according to Japanese news source the Gas Review. The site…
Entropy commissions Glacier phase 2 CCS project in Alberta
By 44 min ago 2 min read Carbon infrastructure developer Entropy has commissioned the Glacier phase 2 co-generation carbon capture and storage project in Alberta, Canada. It claims to be…
Canada Welding Supply appoints Director of Operations
Canada Welding Supply appoints Director of Operations | Distributor Zone | gasworld © Shutterstock You’ve read 1 of 1 of your free articles this month. By 46 min ago 1…
