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Solar Power Plant
Renewable Connections Solar and Battery Project Gets the Go-Ahead From North East Lincolnshire Council
Oil & Gas Trade
27-10-2021
Asian LNG Traders Snap up U.S. Shale Gas
Asian liquefied natural gas traders are rushing to secure shipments from the U.S., where the fuel is among the cheapest in the world despite what’s turning into the steepest price run in two decades.
Oil Price
27-10-2021
Brent Oil ‘Scarcity Premium’ Widens as $100 a Barrel Forecast
The scarcity premium embedded in the structure of Brent crude oil futures has widened to the most since 2013 this week, a sign of the tight market underpinning oil’s rally that pundits increasingly predict will push the market to $100 a barrel.
Saudi Arabia
26-10-2021
TotalEnergies Dives Deeper into Saudi Downstream
State-controlled Saudi Aramco and TotalEnergies have launched two new fuel service stations in Saudi Arabia, the first since the pair set up a joint venture to create a retail network across the kingdom in 2019.
Oil Refinery
26-10-2021
France's Feyzin Refinery Restarts Crude Runs
TotalEnergies has restarted the crude distillation unit at its 105,000 b/d Feyzin refinery near Lyon around three weeks after a fire halted operations.
Oil Exploration
26-10-2021
QatarEnergy Joins Forces with ExxonMobil for Exploration Offshore Canada
Qatar’s state-owned oil and gas company QatarEnergy has signed a farm-in agreement with ExxonMobil Canada for an exploration license offshore Canada.
OPEC
26-10-2021
Saudi Oil Minister: OPEC+ Shouldn't Rush To Boost Production
Saudi Oil Minister: OPEC+ needs to remain cautious with its approach to oil production adjustments despite rising prices
Natural Gas
25-10-2021
Natural Gas is the Answer to Energy Crunch, Transition
The reason for this is that not everything in this industry is manufacturer-specific.
Crude Oil
25-10-2021
Construction Begins on Niger-Benin Crude Pipeline
China National Petroleum Corporation has commenced the construction of Niger-Benin Crude Pipeline a transnational pipeline that will carry crude from Niger’s Agadem basin to Benin’s Port Seme.
Crude Oil
25-10-2021
China's Crude Oil Output Picks up in September
China's crude oil production rose 3.2 percent year on year to 16.61 million tonnes in September, according to the National Bureau of Statistics.
Oil Price
25-10-2021
Wall Street Projects a “Higher for Longer” Era for Oil Prices
Could the era of cheap oil supply be gone for good? That’s the conclusion of some of the biggest commodities desks on Wall Street, where banks have been lifting their long-term price forecasts, often by $10 or more.
Oil Exploration
25-10-2021
QatarEnergy Signs Deal with ExxonMobil Canada on Farm-in Exploration License
QatarEnergy has signed a deal for a 40% stake in one of ExxonMobil’s major offshore explorations in Canada.
Natural Gas
25-10-2021
Refiners Suffer From Record High Natural Gas Prices
Record natural gas prices in Europe and Asia are eroding oil refiner margins
Oil and Gas Equipment
21-10-2021
Largest North China Gas Storage Facility Starts up
China's state-controlled Sinopec's Wei11 gas storage facility commenced operations on 18 October, marking the completion of the largest group of underground gas storage facilities in north China with total storage capacity of 10.03bn m³.
Oil Refinery
21-10-2021
Dalian Revives Plan to Relocate PetroChina Refinery
But the long-mooted plan faces financial and potential regulatory hurdles and may increase petrochemical competition in the region.
Crude Oil
16-10-2021
Saudi Energy Minister Dismisses Calls for Extra OPEC+ Barrels
OPEC leader Saudi Arabia dismissed calls for speedier oil output increases, saying its efforts with allies were enough and protecting the oil market from the wild price swings seen in natural gas and coal markets.
Crude Oil
15-10-2021
IEA: Global Energy Crisis Could Boost Oil Demand by 500,000 barrels per day
But Britain could run out of gas this winter, says Ineos chief Sir Jim Ratcliffe
Oil Refinery
15-10-2021
Mexico’s Tula Refinery Halted Since Last Week
Mexico's 315,000 b/d Tula refinery in the state of Hidalgo stopped processing crude late last week because of full product stocks after a rail blockade choked its main shipping route, a source from the plant told Argus.
Crude Oil
14-10-2021
ANALYSIS: Brent Crude Oil Price may Rise to $85.04 per Barrel
Even though there is early sign of the uptrend continuation, the resumption may not be confirmed until oil breaks $84.02, because the bullish momentum does not look strong enough to confirm the continuation.
Natural Gas
14-10-2021
Northern Ireland Gas Storage Project Secures Greenlight as Prices Skyrocket
The UK government has approved the construction of a gas energy storage project in Northern Ireland amidst an energy crisis caused by natural gas supply constraints.
Crude Oil
13-10-2021
Platts: OPEC+ Is Producing Less Crude Than It's Supposed To
OPEC+ is producing less oil than it is supposed to, a survey by Platts has revealed, as cited by Forex Live.
LNG
13-10-2021
Pakistan Struggles To Find LNG Amid Gas Crisis
Pakistan is looking to buy liquefied natural gas for the winter, but it couldn’t find any sellers in a recent tender, which highlights the fact that the natural gas market in Asia is tight.
Crude Oil
12-10-2021
Saudi Arabia To Ship Extra Crude Oil To Asia In November
The world’s largest oil exporter, Saudi Arabia, will ship additional volumes of crude to at least three refiners in Asia in November
Natural Gas
11-10-2021
Natural Gas Prices Plunge As Putin Promises More Supply
Natural gas futures mercifully slipped 10% on Wednesday after Russian President Vladimir Putin promised that the gas-rich nation would send more natural gas to Europe.
Market Analysis
11-10-2021
Global Oil Demand Seen Returning to Pre-Pandemic Levels Within a Year: Moody's
The ongoing recovery in demand, rising costs and reduced levels of inventory as of September 2021 will continue to support strong momentum in oil prices.
Crude Oil
11-10-2021
Oman's September Crude Output Edges up to 764,000 b/d
Oman's crude oil output edged up in September, marking a seventh straight monthly increase as the Opec+ group, of which it is a member, continues to unwind its production cuts.
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