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Oil & Gas
Kazakhstan
Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level
Natural Gas
10-05-2021
China’s Natural Gas Imports Surge As Economy Recovers
Natural gas imports into China rose 22.4 percent on the year in the first four months of this year to 39.45 million metric tons.
LNG
08-05-2021
GECF Expert Commentary - New Trends on the Global Market of LNG Carriers
The Covid-19 pandemic has brought new challenges for the global gas industry, with the LNG shipping market not being an exception.
Australia
08-05-2021
Australia to See 118 Oil and Gas Project Starts by 2025
Australia is expected to witness the start of 118 oil and gas projects’ operations from 2021 to 2025, according to data and analytics company GlobalData.
CNOOC
08-05-2021
CNOOC Flows First Gas from Liuhua 29-2 field
Chinese oil and gas giant CNOOC Limited has produced first gas from the Liuhua 29-2 gas field located in the South China Sea.
Crude Oil
07-05-2021
Oil Moves Higher On Largest Crude Draw Since January
Oil prices moved higher after the Energy Information Administration reported a crude oil inventory draw of 8 million barrels for the week to April 30.
Crude Oil
07-05-2021
U.S. Energy Production Saw Steepest Drop On Record In 2020
Due to economic responses to the pandemic, U.S. energy production dropped by 5 percent last year, marking the steepest annual decline on record.
Crude Oil
07-05-2021
Energy Group Total Starts Production at Angolan Oil Project
French energy group Total has started production at its Angolan Zinia Phase 2 project, which has estimated resources of 65 million barrels of oil, it said on Thursday.
Crude Oil
06-05-2021
BHP Produces First Oil from Ruby Project
Oil and gas company BHP has produced first oil production from the Ruby project, which is located offshore Trinidad and Tobago.
Natural Gas
06-05-2021
China Gas Use to Rise 10pc in 2021: Sinopec, PetroChina
China's state-controlled energy firms are expecting domestic gas demand growth to accelerate this year, as the economy recovers and consumption of the fuel is boosted by the country's transition to lower-carbon energy sources.
Oil & Gas Trade
06-05-2021
Italy’s April Gas Imports Hit Long-Term High
Italy's gas imports in April were the quickest for any month in almost nine years, because of strong heating demand and the need to start injecting under the country's regulated storage system.
Oil & Gas Trade
30-04-2021
Iraq May Import Egyptian Gas Through Syria
Syria is connected to Egypt through the Arab Gas pipeline, which stretches across 1,200km
Crude Oil
30-04-2021
Titan LNG’s Second FlexFueler Springs into Action
Titan LNG, a Dutch independent LNG supplier, has completed a bunkering operation with its recently commissioned FlexFueler 002.
Oil Price
29-04-2021
Goldman: Oil To Hit $80 On Largest Ever Demand Jump
Goldman Sachs expects global oil demand to realize the biggest jump ever over the next six months, the investment bank said on Wednesday, keeping its bullish forecasts for oil prices this summer.
Oil Refinery
29-04-2021
Egypt to Build $7.5bn Petrochemical Complex in Ain Sokhna
Deal aims to meet local production needs and help the country become a regional energy hub
Electrification
29-04-2021
Equinor Expands Electrification to Curb Oil and Gas Emissions
Successful commencement of Equinor’s total project pipeline could see the company electrifying over 35% of its total oil and gas production base by 2025 through power from shore, according to analytics company GlobalData.
Energy Security
28-04-2021
Oil Tanker Leaks Crude After Collision Near China’s Qingdao Port
A 900-foot crude tanker leaked oil into the ocean just outside China’s biggest refining center, raising the specter of environmental damage and disruption of shipments.
Oil Refinery
28-04-2021
Korean Oil Refineries Offset Weak Oil Demand with Market Diversification
South Korea’s major oil refiners are going all-out to recoup losses from a Covid-19 pandemic-driven slump with market and product diversification.
Market Analysis
28-04-2021
These Two Meetings Will Affect Oil And Gold Prices In May
Traders are closely watching two important events this week that are likely to set the tone for oil and gold prices next month.
Crude Oil
28-04-2021
Taranto to Take First Seaborne Crude in Months
Italian integrated firm Eni's 84,000 b/d Taranto refinery is preparing to take its first seaborne crude cargo since September as domestic onshore supplies are constrained by maintenance.
Crude Oil
28-04-2021
Mexico Complying with Opec+ Deal: Energy Minister
Mexico is "complying" with its commitment to Opec+ with crude production just below its target
Natural Gas
28-04-2021
Israeli Energy Giant Plans $1.1 billion Gas Deal with UAE Company
The $1.1 billion deal would be the biggest between the countries since they normalised ties.
Energy Technology
27-04-2021
Crude Oil Catalytic Cracking Technology Realizes the World's First Industrial Application
Recently, the catalytic cracking technology of crude oil independently developed by the Research Institute of Petrochemical Industry is being tested in Yangzhou Petrochemical, which directly converts crude oil into chemicals such as light olefins and arom
Natural Gas
27-04-2021
South Korean Steelmaker POSCO Defends Myanmar Gas Business
About 20 per cent of the Myanmar gas business was used for local consumption including electricity production, contributing to the lives of ordinary people, it added
LNG
27-04-2021
France's Total Halts Its Gas Project in Northern Mozambique
Total's declaration of force majeure casts doubt on the future of the gas project, which had been expected to bring large and sustained economic growth to Mozambique's struggling economy.
Oil & Gas Trade
27-04-2021
Lundin Sells Its First 'Carbon Neutral' Oil as Climate Activism Grows
Sweden's Lundin Energy has sold what it said is the world's first oil cargo certified as carbon neutral at the point of production to Italian refiner Saras, the two companies said on Monday.
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EIA Expects USA Gasoline Price to Drop In 2025 and 2026
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Russia’s Gazprom Supplied 38 Bcm of Gas to China via Power of Siberia Pipeline in 2025
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Norway offers up to 70 new oil and gas drilling permits