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Oil & Gas

Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level

Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level

Austria
21-07-2022

OMV: Gazprom Seen Delivering 50% Of Agreed Gas Volume on Thursday
Austrian oil and gas group OMV said Russia's Gazprom is expected to deliver roughly 50% of their agreed gas volume on Thursday, returning to a level seen before the maintenance period of the Nord Stream 1 pipeline.
Natural Gas
21-07-2022

Gazprom Preparing to Restart Flows to Europe Thursday
With Europe on edge over the possibility that Russia will cut off gas flows, new grid data now shows that orders via the Nord Stream 1 pipeline have been made for Thursday.
United States
20-07-2022

US Extends LPG Exports to Venezuela
The US Treasury Department has extended an authorisation for US LPG exports to Venezuela until 12 July 2023.
Oil & Gas Supply
20-07-2022

IEA: “Europe Set to Face Supply Disruptions in Winter, Even With Gas Storage at 90%”
Dr Fatih Birol has said Europe needs to reduce its current gas consumption further to prepare for a “tough” winter
Crude Oil
20-07-2022

UK-Based Firm Records ‘Largest Ever Realised’ Crude Oil Lifting
London-based and Oslo-listed oil and gas company Panoro Energy has completed a crude oil lifting, which it describes as the largest one to date, garnering over $80 million from a single oil cargo.
Oil Price
20-07-2022

Oil Rallies on Supply Fears and Tight Market
A force majeure declaration by Russia's Gazprom and a disruption to the Keystone pipeline between Canada and the US have boosted crude prices
United Kingdom
19-07-2022

UK Stumps up Another £2MN for Yemen’s Floating Oil Threat
The UK will provide another £2 million to help the FSO Safer, a deteriorating vessel holding around 1 million barrels of oil offshore Yemen.
Natural Gas
19-07-2022

Europe to Ration Gas if Nord Stream Stays Shut, Ineos Says
Europe will need to ration natural gas to meet winter heating demand if the Nord Stream pipeline doesn’t restart after planned maintenance, according to Ineos Group.
Gas Turbine
19-07-2022

Gazprom Asks Siemens to Provide Papers on Gas Turbine Return
The company has said it expects Siemens to fulfill its obligation on the repair of gas turbine engines
Ukraine
19-07-2022

Eastbound Gas Flows via Yamal-Europe Pipeline Edge Higher
Eastbound gas flows via the Yamal-Europe pipeline to Poland from Germany edged higher, data from pipeline operator Gascade showed on Monday.
Crude Oil
19-07-2022

Iran Raises Aug Crude Oil Prices to Asia
Iran has set the official selling price (OSP) of its Iranian Light grade for its Asian buyers at $8.90 above the Oman/Dubai average for August, up $2.80 from the previous month
Natural Gas
19-07-2022

Germany Admitted That the Country Will Not Have Enough Gas for the Winter Without Russian Supplies
Gas storage facilities in Germany are only 65% full, which is not enough to meet the country's need for fuel this winter, said Klaus Müller, head of the Federal Network Agency.
Natural Gas
18-07-2022

India to Nearly Double CNG Stations in Two Years: Minister
The country at present has 4,500 CNG stations.
Oil&Gas Drilling
18-07-2022

China’s First Self-Developed Shallow-Water Subsea Xmas Tree System Successfully Put Into Use
China's first self-developed shallow-water subsea Xmas tree system was successfully put into operation in the Jinzhou waters of the Bohai Sea, China National Offshore Oil Corporation (CNOOC) announced on Sunday.
Gas Turbine
18-07-2022

Canada Sent Repaired Turbine for Nord Stream to Germany - Kommersant
Canada sent a turbine for the Nord Stream gas pipeline to Germany by plane on July 17 after repair work had been completed, Kommersant newspaper reported on Monday, citing people familiar with the situation.
18-07-2022

Worley Wins Unconventional Work From Aramco
New contracts cover gas projects in Saudi Arabia and out-of-kingdom
LNG
18-07-2022

Australia Pacific LNG Welcomes New CEO
Australia Pacific LNG (APLNG) has announced that a new CEO will take the helm as the company seeks to strengthen its position as one of Eastern Australia’s largest natural gas suppliers.
Crude Oil
18-07-2022

Top U.S. Energy Envoy Expects Further Steps From OPEC Producers on Supplies
Major crude oil producers have spare capacity and are likely to boost supplies following President Joe Biden's visit to the Middle East, a senior U.S. energy envoy said on Sunday.
OPEC
18-07-2022

OPEC+ to Assess Oil Market, Take Necessary Steps: Saudi FM
Saudi Arabian Foreign Minister Prince Faisal bin Farhan Al-Saud said that oil was not discussed at a U.S.-Arab summit held on Saturday, and that OPEC+ would continue to assess market conditions and act as necessary.
Saudi Arabia
17-07-2022

Saudi Arabia: No Additional Capacity to Increase Oil Production Beyond 13 Million Bpd
The kingdom said it is targeting production capacity of 13 million bpd by 2027
Oil Price
17-07-2022

Big Oil Poised For “Exceptional” Earnings Thanks To High Refining Margins
High refining margins and fuel demand in the second quarter are set to lead to exceptional earnings at Big Oil’s refining businesses.
Natural Gas
16-07-2022

Germany’s Top Buyer Of Russian Gas On The Brink Of Insolvency
Germany’s Uniper SE is just “days” away from insolvency, deputy chairman of Uniper’s supervisory board, Harold Seegatz, told Bloomberg on Friday.
Natural Gas
15-07-2022

Gastech Confirms High-Level Trade Pavilions From Countries Key to the Future of Energy
Gastech, with co-hosts Baker Hughes, Chevron, Eni, and Tellurian, has announced the high-level participation of 16 national pavilions from across the globe, including those supported by the United States, France, Germany, Italy, and Norway.
CCS
15-07-2022

Mature Offshore Australian Field Opens up New Oil Route to Singapore
Novel export destination will allow production to continue as partners work toward future CCS scheme
Natural Gas
15-07-2022

Gazprom Says It Cannot Guarantee the Safe Operation of Nord Stream
The energy giant stated it did not know if the gas turbine would eventually be returned from Canada

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