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Oil & Gas
Kazakhstan
Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level
Oil Pipeline
17-11-2021
Germany Suspends Nord Stream 2 Certification
Natural gas prices at the key European hubs jumped to three-week highs on Tuesday after Germany said it had suspended the process of certification of the Russia-led Nord Stream 2 gas pipeline.
Natural Gas
17-11-2021
U.S. Natural Gas Prices Could Soon Hit $6
Research firm HFI noted that the latest 10-15-day weather forecast is pointing towards colder than usual weather
Crude Oil
16-11-2021
Opec+ Brought Stability to Oil Markets Through Its Policies, Saudi Energy Minister Says
The group delivered ‘more sustainability and more predictability’ to energy markets
Oil Refinery
16-11-2021
IOC's New Refinery Projects to Use 85pc Renewable Power
India's biggest state-controlled refiner IOC said it plans to meet 85pc of the power requirement for new projects at its refineries primarily from renewable sources in the "near future".
Oil Shale
16-11-2021
Exclusive: Exxon Launches Sale of Shale Gas Properties in Texas
Exxon Mobil on Monday launched a sale of its oil and gas properties in the first major U.S. shale field, a spokesperson confirmed, as part of a portfolio reshuffling to focus on more lucrative assets.
Oil&Gas Drilling
16-11-2021
Bambo-1 Well Drilling Commences Offshore The Gambia
FAR Gambia, a wholly-owned subsidiary of FAR Ltd has commenced drilling on the Bambo-1 exploration well in Block A2, offshore The Gambia.
Natural Gas
16-11-2021
Europe Gas Gains As Traders Await Russia’s December Export Plans
European natural gas futures advanced, with traders waiting for more signals from Russia on its export plans for next month.
LNG
16-11-2021
China: Sinopec Signs Long Term LNG Contract With Venture Global
Sinopec and Venture Global LNG have announced the signing of two 20-year Sales and Purchase Agreements for the supply of a total of 4 million tonnes per annum of LNG.
Crude Oil
16-11-2021
Russia And Saudi Arabia See Oil Oversupply In 2022
“Everybody is predicting a surplus of supply starting from the first or second quarter,”
Oil Field
15-11-2021
Lukoil Submits Development Plan for New Iraq Oil Field
Russia's Lukoil has submitted a preliminary development proposal for a new oil field in the south of Iraq, that could eventually see output crude grow to 250,000 b/d, the oil ministry announced.
Energy Security
15-11-2021
Residents to be Evacuated After Oil Refinery Tank on Fire in Indonesia's Central Java
An oil refinery tank in Indonesia's Central Java province caught fire on Saturday night, and residents living around the facility would be evacuated as firefighters were battling the blaze.
Oil Field
15-11-2021
Vietsovpetro Puts New Generation Unmanned Mini Oil Rig Into Operation
The Vietnam-Russia oil and gas joint venture Vietsovpetro has put its new generation unmanned mini oil rig BK-18A into operation.
Natural Gas
14-11-2021
Russia: Belarus Didn’t Coordinate With Moscow Threat To Halt Gas To Europe
The threat of Belarusian leader Alexander Lukashenko to cut off transit gas supply from Russia to Europe has not been coordinated with Moscow.
Crude Oil
13-11-2021
OPEC Cuts 2021 Global Oil Demand Forecast Again
OPEC revised down its forecast by 160,000 bpd
Natural Gas
12-11-2021
At COP26, GECF Reminds the World “Energy for All” Achievable with Natural Gas
The Gas Exporting Countries Forum, the global platform of the leading gas producing nations, has urged the international community gathered in Glasgow.
Oil Refinery
12-11-2021
CITIC Construction Wins bid Worth 5.7 bln USD in Iraq
CITIC Construction Co., Ltd., a subsidiary of CITIC Group, has recently won the bid for the first and second phase of the AI Khairat Heavy Oil Power Plant Project in Iraq, with a total contract value of 5.7 billion U.S. dollars.
Oil Field
12-11-2021
Norway’s Johan Sverdrup to Restart After Power Glitch
Norway's state-controlled Equinor is working to restart production from the giant Johan Sverdrup oil field in the North Sea after it was shut down earlier today because of a power supply issue.
Natural Gas
12-11-2021
Ukraine may Struggle to Rebuild Gas Stocks Next Summer
Ukraine may require gas imports through routes other than Slovakia if it is to bring its stocks in line with recent-year averages by the start of the 2022-23 winter.
OPEC
12-11-2021
Opec Maintains 2022 Outlook and Expects Oil Demand to Surge Above Pre-Covid Levels
Based in Vienna, the group trimmed its outlook for 2021 owing to slower-than-anticipated demand from China and India
Oil & Gas Supply
12-11-2021
Wales Pledges to Put an End to Licensed Oil and Gas Production
Wales has joined an alliance led by Denmark and Costa Rica pledging to stop licensing oil and gas production
Oil Price
11-11-2021
Oil Prices Plunge into Close, Roiled by Inflation Fears
Oil prices slumped on Thursday, hit by a surge in the dollar after U.S. President Joe Biden said his administration was looking for ways to reduce energy costs amid a broader surge in inflation.
Crude Oil
11-11-2021
Eni Plans First Oil and Gas from Giant Cote d'Ivoire Find as Early as 2023 as more Blocks put on Offer
Italian energy major Eni plans to start oil and gas production from the giant Baleine discovery offshore Cote d'Ivoire as early as 2023 as the country put 32 more blocks up for offer to investors.
Russian Federation
11-11-2021
Russian Oil And Gas Discoveries Plunge To Five-Year Low
Russia’s oil and gas discoveries fell to the lowest in five years in the first half of 2021, after last year’s crisis resulted in steep cuts in capital expenditures for exploration.
LNG Carrier
10-11-2021
Qatar Places First Batch of LNG Carrier Orders with Korean Shipbuilders
Qatar has placed the first batch of liquefied natural gas carrier orders with Korean shipbuilders.
Oil Price
10-11-2021
Opec+ Production Shortfall Widened in October
The Opec+ coalition added 230,000 b/d to collective crude output last month, meaning its production shortfall widened to 690,000 b/d at a time when consuming countries were appealing for more crude.
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