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Oil & Gas Trade
Dominion Energy Sells Natural Gas Assets for $9.7bn
Oil Price
2020-07-07
Oil Price Crash Causes Major Recession In Russia
The oil price crash that Russia helped create, along with the coronavirus-driven global recession, will result in Russia’s economy shrinking this year by the most in 11 years.
China Energy
2020-07-07
Sinopec's Tianjin Terminal Takes More LNG in 1H 2020
China's state-owned Sinopec received more LNG cargoes at its 6mn t/yr Tianjin LNG import terminal in northern China during the first six months of this year compared with a year earlier.
Crude Oil
2020-07-07
Libya Needs Months to Restore Output: Sanalla
Libya's crude production will take months to return to near the 1.22mn b/d achieved prior to blockades that froze all of the country's onshore crude output in January.
Oil&Gas Drilling
2020-07-07
Africa Energy to Spud Luiperd-1 in September
Africa Energy Corp. has announced that the Odfjell Deepsea Stavanger semi-submersible rig has departed Bergen.
Market Analysis
2020-07-06
Who Will Get Full Control Of Libya’s Oil Riches?
Major alliances such as NATO and the European Union mean nothing in this conflict.
LNG
2020-07-06
Japan Bets Big on Mozambique Liquefied Natural Gas
The money will fund the development of a gas field in the African country to produce some 12 million tons of LNG annually.
Oil&Gas Drilling
2020-07-06
Eni Makes New Gas Discovery off Egypt
Eni announced that it had successfully drilled the first exploration well in the North El Hammad license, in the conventional Egyptian waters of the Nile Delta.
Market Analysis
2020-07-05
Big Oil Confronts Possibility of Terminal Demand Decline
Although crude prices have rebounded from coronavirus crisis lows, oil execs and experts are starting to ask if the industry has crossed the Rubicon of peak demand.
Oil & Gas Trade
2020-07-05
Poland and Germany to Cut Russian Pipeline Oil Imports in July
Poland and Germany are set to reduce purchases of Russian flagship Urals crude blend via the Druzhba pipeline this month after Moscow cut its oil output along with other leading producers, traders said on Friday.
Crude Oil
2020-07-04
Exxon Is Big Oil's Outlier In The Post-Pandemic World
While oil majors stuck to spending discipline after the 2015-2016 price crash, ExxonMobil was the one to stand out from the crowd as it increased capital expenditures to boost production.
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Most views from Oil & Gas
1
U.S. LNG Exporters Face New Test as China Tensions Resurface
2
Poland and Germany to Cut Russian Pipeline Oil Imports in July
3
TMS Cardiff Gas LNG Tanker Collides with Car Carrier off Belgium
4
Eni Makes New Gas Discovery off Egypt
5
US Court Orders Seizure of Iranian Gasoline Cargoes
6
Volkswagen's First LNG-Powered Car Carrier Arrives in US
