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Oil & Gas
Kazakhstan
Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level
LNG
27-08-2021
B.Grimm and PTT Team up for Thailand LNG Expansion
Bangkok-based power company B.Grimm Power has formed a joint venture with the state-owned energy company PTT Global LNG to expand the LNG value chain.
Oil & Gas Trade
26-08-2021
Excelerate Energy Authorized to Import LNG in Brazil
Brazilian oil and gas regulator ANP today authorized US LNG company Excelerate Energy to import LNG to the country via its Brazilian unit.
Natural Gas
25-08-2021
China's Sinopec Adds New Tanks at East China Gas Receiving Terminal
This would be 17 per cent more than its current annual capacity of 6 million tonnes
Oil Price
25-08-2021
Oil Settles up 3%, Boosted by Mexican Oil Rig Outage, U.S. Vaccine Approval
Oil prices rose 3% on Tuesday, supported after Mexico suffered a large production outage due to a fire on an oil platform and also by full U.S. regulatory approval of vaccines for COVID-19.
Oil & Gas Trade
24-08-2021
Uganda Suspends NGOs Opposing Oil Projects
Uganda says the suspended organizations have been meddling with local politics.
Oil Field
24-08-2021
Norway's Duva Oil and Gas Field Starts Up
UK private equity-backed independent Neptune Energy has started production from the Duva oil and gas field in the Norwegian North Sea.
Oil & Gas Trade
24-08-2021
Illicit Oil Exports Cost Iran Billions In Lost Revenues
The actual amount of oil that it sold in this period should have brought $6 billion to the government. In fact, it earned only 10 percent of the real value of the oil.
Crude Oil
23-08-2021
Saudi Arabia’s Crude Oil Exports Dropped in H1 by 20%
Saudi Arabia could not ship more crude oil in the first half as it voluntarily restrained output under OPEC+ production-cut agreement; however, high oil prices this year helped the Kingdom to see stable income.
United States
23-08-2021
Alaska Judge Dismisses Trump-era Approvals for Arctic Oil Project
A US federal judge invalidated permits approved during the Trump administration for a large oil development project on Alaska’s North Slope on Wednesday.
Oil Pipeline
23-08-2021
Just 15 km of Nord Stream 2 pipeline to Go, Says Putin
he $11 billion project doubling the capacity of the first Nord Stream pipeline to 110 billion cubic metres a year has been a focal point of tensions between Moscow and the West.
Oil & Gas Supply
23-08-2021
Oil Company Stops Supplying Lebanon with Petrol
Coral Oil Company, operating in Lebanon since 1926, said the "unprecedented" halt to its operations comes as its current stocks run dry
Switzerland
21-08-2021
GEG Partners with Proman on Scottish Green Methanol Plant
Global Energy Group, owners of the Nigg Oil Terminal in Scotland, has partnered with Proman, a Swiss-based energy company, to develop a renewable power to methanol plant at the terminal.
LNG
21-08-2021
Brazil June Gas Demand up on Power Generation
Brazil's natural gas consumption rose by 16.5pc in June, led by a surge in demand for power generation as drought slashed hydropower capacity.
LNG
20-08-2021
Post-COVID-19 Recovery of LNG Market: What’s Next?
The global economy is cautiously walking away from the shadow of the unprecedented challenge of the COVID-19 pandemic.
Crude Oil
20-08-2021
Oil Falls for a Sixth Straight Day, Sinks to the Lowest Level Since May on Fears of Slowing Growth
Crude came under pressure amid weakness in the commodities market and equities more generally.
Crude Oil
20-08-2021
Opec+ Compliance at 109pc in July: Report
The Opec+ coalition achieved 109pc conformity with its crude production commitments in July, down from 112pc in June
LNG
19-08-2021
Atomenergomash Completes Europe’s First Test Rig for Medium- and Large-Scale LNG Plants Equipment
The project was implemented in accordance with the decree of the Russian government.
LNG
19-08-2021
McDermotts’ CB&I Wins More Philippines LNG Work
McDermott International’s CB&I Storage Solutions will provide the engineering, procurement and construction work for a second storage tank at Atlantic Gulf and Pacific Company’s liquefied natural gas import and regasification terminal
Natural Gas
19-08-2021
Nord Stream 2 Says Fortuna Vessel Working on Final Stage of Project
Natural gas prices in Europe fell sharply following the report.
Oil Price
19-08-2021
Oil Price Slides Towards July Low as US Output Rises for Second Week
The price of oil slips to a fresh weekly low despite a larger-than-expected decline in US inventories, with crude on the cusp of taking out the July low as US production increases for the second straight week.
Oil Price
18-08-2021
Oil Prices Set For Longest Losing Streak Since March
After tentatively rising in Asian trade, oil prices reversed course and fell on Tuesday morning, poised for a fourth consecutive day of losses, which would be the longest losing streak since March this year.
LNG
18-08-2021
Australia Faces "Precarious" Gas Supply in 2022, Watchdog Warns
The report paints a more dire picture than the Australian Energy Market Operator gave in March, when it said plans by billionaire Andrew Forrest to have an LNG import terminal ready by 2022 would stave off any gas shortfall until 2026.
Oil & Gas Trade
17-08-2021
India's Petronet Aims to Extend Long-Term LNG Buy Deal with Qatar
Petronet has a deal to buy 7.5 million tonnes per year of LNG from Qatar under a long-term deal expiring in 2028
Crude Oil
17-08-2021
EXCLUSIVE Brazil's Lower-Carbon Oil Projects can Lure Majors, Lift Sales -Official
Rising calls to cut carbon emissions and to reduce global warming could generate more offshore partnerships and increase the output of cleaner oil for Brazil
Oil Field
17-08-2021
Islamic State Attacks Iraqi Oil Field
An attack with an explosive device on an oil field in the northern Iraqi region of Kirkuk was blamed on Islamic State militants
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Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level
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