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Germany leads underground working gas storage capacity in Europe

GlobalData’s latest report says that as of September 2022, Europe had 151 active underground gas storage sites with 4,257bcf total capacity.

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Trafigura s Puma Energy to exit Myanmar business

Puma Energy, a Swiss mid- and downstream oil company, has agreed to divest its Myanmar business to a local private company.

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OVL plan to invest $1bn in Petrobras Brazilian offshore block

ONGC Videsh (OVL), the wholly owned subsidiary of ONGC, is considering investing $1bn in the BM Seal-4 deep offshore block in Brazil.

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Capricorn scarps deal with Tullow Oil to merge with Israel s NewMed

Capricorn Energy has terminated its proposed merger with Tullow Oil to pursue a deal with Israeli pure fuel group NewMed Energy.

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Nigerian workers tricked into working in thieves illegal refineries News

Nigeria’s national oil company found that the thieves recruited workers with fake employment letters.

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