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Oil & Gas Trade
Slovakia Lays Plans to Receive Gas From Azerbaijan
Natural Gas
19-12-2022
Egypt Discovers Large Gas Field in Mediterranean, Minister says
Egypt's Minister of Petroleum and Mineral Resources Tarek El Molla attends a session at the Egypt's 5th Petroleum Show "EGYPS 2022" at the capital city of Cairo, Egypt, February 14, 2022. REUTERS/Amr Abdallah DalshCAIRO, Dec 15 (
Oil Price
19-12-2022
EU Considers Lower Gas Price Cap In Hunt For Monday Deal
European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, September 28, 2022. REUTERS/Yves HermanBRUSSELS, Dec 18 (Reuters) - European Union countries are considering a proposal to cap gas prices at lower levels than sugges
Oil & Gas Trade
19-12-2022
China's November Diesel, Gasoline Exports Jump To Highest In Over A Year
SINGAPORE, Dec 18 (Reuters) - China's diesel and gasoline exports continued to surge in November, hitting their highest levels since June and May 2021 respectively, as refiners dashed to use up their 2022 export quotas and sell down rising invento
Crude Oil
19-12-2022
OQ Completes Work On Ras Markaz Crude Storage Terminal
Image courtesy: ONAOman-based OQ, a global integrated energy group, has completed the basic construction works of Ras Markaz crude oil storage terminal whose storage capacity is about 26.7 million barrels.This oil storage and export project, carried out b
Saudi Arabia
19-12-2022
‘Need For Cooperation’ To Achieve Net Zero By 2050
Sheikh Ahmed bin Saeed Al MaktoumThere needs to be cooperation among the related organisations in the UAE to achieve the objectives of the UAE Net Zero by 2050 strategic initiative.This was the view of Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Du
Oil & Gas Trade
19-12-2022
Aramco, Sinopec and Sabic Plan Mega Projects In KSA, China
Mohammed Y Al QahtaniSaudi Aramco, China Petroleum and Chemical Corporation (Sinopec) and Sabic will explore setting up a petrochemical complex to be integrated with an existing refinery in Yanbu and build a greenfield project in Gulei, in China&rsquo
Oil & Gas Supply
16-12-2022
Brazil Fuel Tax Case Settlement Could Improve Market For Ethanol
A gas station worker fills up a car's tank with ethanol in Cuiaba, Brazil, October 2, 2019. REUTERS/Marcelo TeixeiraSAO PAULO, Dec 15 (Reuters) - A settlement reached by Brazil's Supreme Court in a case opposing the federal government and
Crude Oil
16-12-2022
China Boosted Crude Oil Storage Even As Refiners Processed More
Oil and gas tanks are seen at an oil warehouse at a port in Zhuhai, China October 22, 2018. REUTERS/Aly Song/File PhotoLAUNCESTON, Australia, Dec 15 (Reuters) - China's loosening of its strict zero-COVID restrictions is widely being viewed as bull
LNG
16-12-2022
ICE Warns It Could Relocate Gas Trading Out Of EU If Bloc Caps Price
A screen displays the ticker symbol and logo for Intercontinental Exchange Inc. (ICE) on the floor of the New York Stock Exchange (NYSE) March 1, 2016. REUTERS/Brendan McDermid/File PhotoBRUSSELS, Dec 15 (Reuters) - The Intercontinental Exchange has warne
Oil & Gas Trade
16-12-2022
Oil Rises, Poised To End Week Higher Despite Economy Concerns
Dec 15 (Reuters) - Oil prices rose in early Asian trade on Friday after falling 2% in the previous session on central bank interest rates hikes, and is poised to end the week higher after a series of positive oil demand forecasts.Brent crude futures rose
Natural Gas
15-12-2022
Wärtsilä Commissions 94MW CHP Plant For SachsenEnergie
The new gas engine CHP plant in Dresden generates 90MW of electricity and 84MW of heat, and is also black start capable. © Oliver Killig | SachsenEnergie AGThe flexible Combined Heat and Power (CHP) plant, supplied and built by the technology gro
Crude Oil
15-12-2022
China Daily Oil Throughput Rises To One-year High In Nov
An aerial view shows tugboats helping a crude oil tanker to berth at an oil terminal, off Waidiao Island in Zhoushan, Zhejiang province, China July 18, 2022. cnsphoto via REUTERSSINGAPORE, Dec 15 (Reuters) - China's daily crude oil throughput rose
Crude Oil
15-12-2022
TC Energy Restarts Segment Of Keystone Pipeline Unaffected By Oil Spill
Emergency crews work to clean up the largest U.S. crude oil spill in nearly a decade, following the leak at the Keystone pipeline operated by TC Energy in rural Washington County, Kansas, U.S., December 9, 2022. REUTERS/Drone Base/File PhotoEmergency crew
China
14-12-2022
Column: China's Re-opening And The J-curve In Oil Consumption
A tourist poses in front of a sign of the Universal Resort, as the Universal Studios theme park reopens to the general public, following the coronavirus disease (COVID-19) outbreak in Beijing, China June 25, 2022. REUTERS/Tingshu WangLONDON, Dec 13 (Reute
Oil Price
14-12-2022
Oil Prices Slip On Surprise Build In U.S. Crude Stocks
Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB) gasoline, CARB diesel fuel, and other petroleum products, in Carson, California, U.S.
Oil Price
14-12-2022
Energy Suppliers Face Over £1.9bn Of Debt As Households Struggle To Pay Their Bills
A new report from Cornwall Insight and Complete Strategy – ‘Bad debt and energy suppliers: A systemic risk' – has shown domestic energy suppliers could be exposed to approximately £1.9bn of debt1, of which a
EU
13-12-2022
EU Unity At Stake As Countries Try To Break Gas Price Cap Impasse
EU Unity At Stake As Countries Try To Break Gas Price Cap Impasse
Crude Oil
13-12-2022
Explainer: What Is The Oil Storage Situation In Canada And U.S. After Keystone Spill?
Explainer: What Is The Oil Storage Situation In Canada And U.S. After Keystone Spill? By Nia Williams and Arathy Somasekhar
LNG
13-12-2022
German Energy Regulator Urges Consumers To Save More Gas
Households must reduce gas consumption by 20%, more than they’re currently doing, to avoid shortages in coming months, Bundesnetzagentur warns.
Crude Oil
09-12-2022
Exxon, Chevron to Spend Billions More on Oil Projects Next Year
The two largest U.S. oil companies - Exxon Mobil Corp (XOM.N) and Chevron Corp (CVX.N) - disclosed plans to increase outlays on energy projects next year amid high oil demand and prices.
Oil Price
07-12-2022
Oil Prices Drop to Below $80 for First Time Since January on Recession Fears
US Energy Information Administration expects global oil inventories to fall by 200,000 barrels per day in the first half of 2023.
Natural Gas
07-12-2022
U.S. Pledges to Ramp up Supplies of Natural Gas to Britain as Biden and Sunak Seek to Cut off Russia
U.K. government says the new partnership will “drive work to reduce global dependence on Russian energy exports.”
Natural Gas
07-12-2022
ICE Warns EU Gas Price Cap Could See Prices Rise
An exchanges operator has warned the European Union that its proposal to cap gas prices would make it more likely that prices rise to hit the cap.
LNG
07-12-2022
U.S., Britain Launch Energy Partnership to Boost Supplies
The United States and Britain announced on Wednesday an energy partnership aimed at sustaining a higher level of liquefied natural gas (LNG) exports to Britain and collaborating on ways to increase energy efficiency.
Gas Turbine
06-12-2022
GE Releases New Option to Cut Emissions on Its Mobile Gas Turbines
GE Gas Power announced on Dec. 6 that it has deployed an “innovative technical solution” on four TM2500 aeroderivative gas turbines at the California Department of Water Resources’ (DWR’s) sites in Yuba City and Roseville, California
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Most views from Oil & Gas
1
Oil Spill Fear After Fatal Explosion on Chevron FSO Offshore Thailand
2
Nigeria Lost 3,000 Barrels of Crude to Offshore Spill – Nosdra
3
TC Energy Restarts Segment Of Keystone Pipeline Unaffected By Oil Spill
4
Ukrnafta Increases Reserves by 3 Mln Tonnes of Oil, 600 mcm of Gas
5
Russia's Gazprom Shut Dozens of Gas Wells in Orenburg Region Before Floods
6
Russian Oil Arrives in Cuba After Year-Long Hiatus