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Oil & Gas
Kazakhstan
Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level
Crude Oil
02-11-2021
OPEC Rejects Biden’s Call for More Oil
OPEC+ headed for a clash with the U.S. as more members rejected President Joe Biden’s call for the group to raise oil production faster and help reduce gasoline prices.
Oil Price
02-11-2021
Bank of America Expects $120 Oil by June 2022
Bank of America expects Brent crude to hit $120 a barrel by the end of June 2022.
Oil Price
02-11-2021
Aramco Books 158% Surge In Q3 Net Profit On Higher Oil Prices
Saudi state energy giant Aramco booked a net profit of $30.4 billion for the third quarter of the year, up by 158 percent from the third quarter of 2020 on substantially higher crude oil prices.
Crude Oil
02-11-2021
Iraqi Crude Exports Inch up in October
Iraqi crude exports marketed by state-owned Somo edged up in October, according to preliminary figures from the country's oil ministry.
Oil Field
01-11-2021
Serica Announces Delay of Columbus Production Start-up
UK oil and gas company Serica Energy has confirmed the start-up of production at its Columbus field located in the Central North Sea will be delayed.
Oil Price
01-11-2021
UAE Petrol Prices to Rise in November
Motorists across the Emirates will face a further increase for both petrol and diesel
Oil Refinery
01-11-2021
Oman’s 230,000 b/d Duqm Refinery Set for 1Q23 Start-up
Oman's 230,000 b/d Duqm refinery project is now 87pc complete and is on course to be commissioned in the first quarter of 2023
Oil Price
01-11-2021
Mideast Gulf Gasoline Premium at More Than Decade High
The Mideast Gulf gasoline premium rallied to a more than ten-year high, on the back of strength in the Asian gasoline market and unplanned refinery outages east of Suez.
Natural Gas
31-10-2021
Chariot Partners with Mystery Group for Gas Project Offshore Morocco
Africa-focused energy company Chariot has signed a memorandum of understanding (MOU) with an undisclosed energy group to unlock the Anchois gas development potential, offshore Morocco.
Oil Refinery
30-10-2021
Petrofac Secures Lithuanian Refinery EPC Project
Petrofac announces it has been awarded an Engineering, Procurement and Construction contract, valued at around EUR550 million, from PC ORLEN Lietuva to support a comprehensive modernisation, environmental upgrade, and expansi
Natural Gas
30-10-2021
Energy Crisis: The Price of Natural Gas in Europe has Plummeted Due to Putin’s Big Announcement
The European Directorate General for Competition has once again started sniffing around Gazprom’s house, looking for signs of possible market manipulation and abuse of market dominance.
Oil Price
29-10-2021
Oil Prices Set for First Weekly Drop Since August As Supply Concerns Ease
U.S. West Texas Intermediate crude futures fell 4 cents to $82.77 a barrel by 0151 GMT.
Oil Field
29-10-2021
Shell Top Brass Remain Resolute in Support of Cambo Oilfield Development
Shell executives stressed the role of projects like Cambo in the UK energy mix, as the project partners await a decision on the controversial project.
Oil Price
28-10-2021
Oil Falls After Increases in U.S. Crude, Fuel Stockpiles
Oil prices fell on Wednesday after industry data showed crude oil stockpiles rose more than expected and fuel inventories unexpectedly increased last week in the United States, the world’s largest oil consumer.
Oil Price
28-10-2021
Global Supply Shortages are Driving up Alaska Oil Prices
Alaska’s oil prices are at their highest since 2014 amid a global energy crunch.
Oil Price
28-10-2021
Charts Suggest Oil Prices may Peak Soon, Cramer Says
Oil may be near its peak if historical patterns hold true.
Oil Pipeline
28-10-2021
Pipeline Leak Disrupts Libya’s Oil Exports
Libya’s Es Sider pipeline has a major leak that will require a 7- 10-day shutdown for maintenance
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.
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