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Oil & Gas

Oil Prices Post 3% Annual Decline

Oil Prices Post 3% Annual Decline

LNG
04-08-2021

Brazil's Petrobras Undecided on LPG Program
The company also said a decision will be taken according to its governance rules
Oil Pipeline
04-08-2021

Neptune Energy Installs World’s Longest ETH Production Pipeline
Neptune Energy announced the safe and successful installation and testing of the world’s longest trace-heated subsea production pipeline at its operated Fenja field in the Norwegian sea.
Oil Field
03-08-2021

New Oil Field Comes Online Offshore Malaysia
Petronas has announced that the East Cendor field in Block PM304, offshore Malaysia, has achieved first oil production.
Oil Field
03-08-2021

Eni Cheers New Oil Find Offshore Mexico
Italian oil company Eni has made an oil find in Upper Miocene sequences on the Sayulita Exploration Prospect in Block 10 in the mid-deep water of the Cuenca Salina Sureste Basin, offshore Mexico.
Oil Field
03-08-2021

Two New Deals Awarded for Qatar’s Giant Offshore Oilfield
NOC is a joint venture between Qatar Petroleum and TotalEnergies.
Oil Field
03-08-2021

China’s First Deepwater Oil Project Reaches Full Capacity
China has launched full-capacity production at its first independently developed deepwater oil project, which is located in the eastern section of the South China Sea.
Crude Oil
03-08-2021

APA, TotalEnergies Drill Successful Appraisal Well Offshore Suriname
APA Corporation announced drilling success and updated the status of its appraisal program offshore Suriname in Block 58.
Crude Oil
02-08-2021

Halt in Fuel Price Revision Continues, Global Oil Rates Above $75/bbl
In the national capital, petrol continued to be sold for Rs 101.84 per litre, while diesel was being sold at the unchanged rate of Rs 89.87 a litre on Sunday.
Crude Oil
02-08-2021

Oil Prices Slide on Worries over China Economy and Higher Crude Output
Brent crude oil futures skidded 81 cents, or 1%, to $74.60 a barrel by 0116 GMT.
Crude Oil
02-08-2021

Cambodia Stops Offshore Oil Extraction After KrisEnergy goes Bankrupt
Cambodian Prime Minister Samdech Techo Hun Sen said on Sunday that the kingdom's first-ever oil extraction had come to a full stop after Singapore-based oil and gas firm KrisEnergy had filed for liquidation.
Crude Oil
02-08-2021

China’s Crackdown on Excess Capacity to Impact Crude Oil Imports
China’s drive to lower emissions, is expected to have a negative impact on crude oil imports from private refineries.
Oil Refinery
02-08-2021

No Official Explanation For Fire At Iran Oil And Gas Installation
The spokesman of Arvandan Oil and Gas Company, a major subsidiary of the National Iranian Oil Company operating in the oil-rich province of Khuzestan
Oil Shale
02-08-2021

New Mexico’s Permian Output Rises – will a Modest Shale Recovery Follow?
New Mexico’s oil production surged to a record in May highlighting the Permian Basin’s role as the shale industry sees some recovery from the pandemic.
Oil Field
02-08-2021

Russians Decide Against Selling Iraqi Oilfield to China
Russia’s Lukoil PJSC is retracting its decision to sell its stake in West Qurna-2 field in the south to Chinese companies.
Crude Oil
01-08-2021

BW Working to Tie in Gabon Wells for First Oil Later This Year
Oil and gas company BW Energy has completed the final horizontal production well on the Dussafu Marin license in Gabon and is now working to tie in two wells for the first oil production in early 4Q 2021.
Natural Gas
01-08-2021

Turkey’s TPAO Conducts First Flow Test on Sakarya Gas Field
Turkey’s oil and gas company TPAO has successfully completed the first flow test of the Türkali-2 appraisal well in the Sakarya gas field located in the Black Sea.
Oil Price
01-08-2021

Saudi Arabia's Oil Exports Climb 147 per cent to $16 billion in May
The value of Saudi Arabia's oil exports in May increased 147 per cent to just over 60 billion riyals from a year earlier while non-oil exports rose by 70 per cent.
Natural Gas
31-07-2021

East Timor's Bayu-Undan Infill Well Produces First Gas
The $235mn project was sanctioned in January.
Energy Security
30-07-2021

Over 90% of Sinopec Henan Gas Stations have Resumed Operations!
Since July 17, China's Henan Province has experienced the first extreme heavy rainfall in its history.
Oil Pipeline
30-07-2021

OMV: Nord Stream 2 Could Start Shipping Gas This Year
The Russia-led Nord Stream 2 natural gas pipeline could begin shipping gas as soon as this year, one of the western investors in the project
Crude Oil
30-07-2021

Oil Edges Higher on Tighter U.S. Supplies, Brent Tops $75 a Barrel
Oil prices rose on Thursday as crude stockpiles in the United States, the world’s top oil consumer, fell to their lowest since January 2020, with Brent crude oil prices pushing back past $75 a barrel.
China
29-07-2021

Sinopec's million-ton Ethylene Project is About to Put into Production
At present, Sinopec has a comprehensive crude oil processing capacity of 9.2 million tons/year in Hainan.
Crude Oil
29-07-2021

Exxon Makes Another Major Oil Discovery Offshore Guyana
ExxonMobil and its partner Hess Corporation have made another significant crude oil discovery offshore Guyana, the U.S. supermajor said on Wednesday.
Oil & Gas Trade
29-07-2021

Value Of Saudi Oil Exports Jumps 147% In May
Higher oil prices and higher exports resulted in a 147-percent jump in the value of Saudi Arabia’s oil exports in May 2021 compared to May 2020。
Crude Oil
29-07-2021

Russia Was World’s Second-Largest Oil Producer In H1 2021
Russia was the world’s second-largest producer in the first five months of this year after the United States, data from Rosstat, the state statistics bureau, has revealed.

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