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1. Brazil is considering fully privatizing Petrobras, the oil giant Brazil’s new energy minister Adolfo sachsida said at his first press conference last week that he would study a plan to privatize the state-owned oil giant Petrobras. Brazil launched the “investment partnership plan&#...Read more »
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1. The 2022 Iran Oil Show opened in Tehran last week The 26th Iran Oil show in 2022 opened in Tehran last Friday (May 13). 1200 Iranian enterprises and 44 foreign enterprises or their agents from 11 countries such as Italy, Spain, the United Arab Emirates, South Korea, Switzerland, Germany, Ukrai...Read more »
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1. Shell will sell Russian gas stations as part of its exit plan Shell is discussing the sale of its chain retail gas station in Russia, shell neft, as part of its exit plan after the Russian Ukrainian crisis. Lukoil PJSC, Russia’s second-largest oil producer, is the most likely buyer, with...Read more »
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1. 2022 US International Offshore Oil Technology Exhibition (OTC) was held last week From May 2 to 5, 2022, the global offshore oil and gas industry event – American International Offshore Oil Technology Exhibition (OTC) was successfully held in Houston. According to the post exhibition rep...Read more »
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1. South Korea temporarily does not impose temporary anti-dumping duties on seamless copper pipes related to China On April 22, the Ministry of planning and finance of South Korea issued announcement No. 2022-78, deciding not to impose temporary anti-dumping duties on seamless copper pipes origin...Read more »
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1. The 21st Russia International Oil and Gas Exhibition was held last week The 21st Russia international oil and Gas Exhibition (neftegaz2022) was held in expocentre, Moscow from Monday to Thursday. The exhibition was hosted by expocentre AO and supported by the Russian Ministry of energy, the Ru...Read more »
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1. Shell, Total Energy emerge as winners in Brazil’s latest oil tender Last Wednesday, Brazil’s National Petroleum Agency, the Natural Gas and Biofuels Agency (ANP) held the third round of public tenders for open acreage under the franchise model. The conference offered 59 exploration...Read more »
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1. U.S. announces resumption of sale of public land oil drilling leases On Friday, U.S. authorities announced that they would re-sell new oil and gas drilling leases on their public lands, but the land area offered would be significantly reduced and the royalties drillers would have to pay, also ...Read more »
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1. Shell produced the first batch of natural gas at the Colibri project in Trinidad and Tobago Shell Trinidad and Tobago (through shell brand company BG International) announced that it has produced in block 22 and block ncma-4 of the northern coast of Trinidad and Tobago (NCMA). The Colibri proj...Read more »
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1. Shell will write down up to $5 billion in assets to exit Russia Shell announced on Thursday that it would write down assets worth $4 billion to $5 billion after exiting Russia. Shell said it would no longer buy Russian crude oil and would close gas stations, aviation fuel and lubricants in Rus...Read more »
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1. Turkmenistan oil and gas investment forum will be held in Turkmenistan and Dubai from March 29 to 30 The International Investment Forum on attracting foreign investment in Turkmenistan’s oil and gas industry (OGT 2022) will be held in traditional and online forms in Turkmenistan and Duba...Read more »
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1. Britain plans to issue a new round of oil and gas licenses The oil and Gas Authority plans to hold a round of oil and gas licensing negotiations for the North Sea this year for the first time since 2020. Just a few weeks ago, it was reported that the British authorities were considering bannin...Read more »
