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U.S. Department of Energy advances MMEX Resources to final application stage for Trans Permian H2Hub

(WO) — MMEX Resources Corp., sponsor of the Trans Permian H2Hub announced that The U.S. Department of Energy (DOE) approved its concept paper to advance t.........【More】

2023-01-04

Eolus receives research permits for two offshore wind projects in Finland

(WO) — Eolus has taken important steps towards offshore wind production in Finland, receiving research permits for two offshore wind farms in the Bothnian.........【More】

2023-01-03

New CEO of Petrobras to focus on energy transition

(Bloomberg) — President-elect Luiz Inacio Lula da Silva has selected a senator and former Petrobras official to lead Brazil’s state-controlled oil g.........【More】

2023-01-03

World Oil’s Top Stories of 2022: 1-5

(WO) — 2022 was an enormous year for the oil and gas industry. From oil discoveries in Wyoming to Russia working around Western sanctions, there was no sh.........【More】

2022-12-29

CNOOC Limited begins production on block development project offshore China

(WO) — CNOOC Limited announced on Dec. 25 that Kenli 6-1 oilfield 5-1, 5-2, 6-1 block development project commenced production.The project is in the south.........【More】

2022-12-28

Saudi Arabia invites China’s Xi to form energy partnerships

(Bloomberg) — Two months after snubbing U.S. President Joe Biden’s pleas for oil, Saudi Arabia is rolling out the red carpet for his Chinese counter.........【More】

2022-12-23

Saudi Arabia invites China’s Xi to form energy partnerships

(Bloomberg) — Two months after snubbing U.S. President Joe Biden’s pleas for oil, Saudi Arabia is rolling out the red carpet for his Chinese counter.........【More】

2022-12-23

5.4-magnitude earthquake rattles key oil-producing region in West Texas

(Bloomberg) — A 5.4-magnitude earthquake rocked a key oil-producing region in West Texas, rattling parts of the Permian basin.The quake struck 22 kilomete.........【More】

2022-12-22

Biden calls on oil companies to reduce their prices

(Bloomberg) — While U.S. gasoline prices have come down from the highs seen this summer, they’re clearly still weighing on President Joe Biden, who .........【More】

2022-09-28

Sinopec Acquires Trillion Cubic Meters of Shale Gas Resources in Southwestern Sichuan, China

Xinchang, China, July 1, 2022 – China Petroleum & Chemical Corporation's (HKG: 0386, "Sinopec") has reported that it has achieved a daily pr.........【More】

2022-08-30