Search

Transportation Construction and materials Chemical industry Agricultural engineering Information and Communication Exhibition & Forum Belt and Road

Français Русский Español العربية Português Deutsch

Oil & Gas

Oil Prices Post 3% Annual Decline

Oil Prices Post 3% Annual Decline

Crude Oil
12-03-2021

Iranian Crude Clogs Chinese Ports Despite US Sanctions
Congestion at one of China’s major refinery hubs was reportedly caused by soaring exports of crude from the Persian Gulf nation, which are expected to grow further this month.
Oil Field
12-03-2021

Eni Through Var Energi Announces New Oil Discovery Offshore Norway
Eni through Var Energi, jointly owned by Eni and by HitecVision (30.15%) announces a new oil discovery in production licence PL532 in the Barents Sea
Oil Field
12-03-2021

Equinor Gets Go-Ahead to Drill North Sea Well Duo
Norwegian offshore safety agency, the Petroleum Safety Authority Norway (PSA), has given Equinor consent to drill two exploration wells offshore Norway, using the West Hercules rig.
Oil & Gas Trade
11-03-2021

Israel's Leviathan to Sell 10bn m³ of Gas in 2021
Israeli upstream firm Delek Drilling expects its 649bn m³ Leviathan field to sell around 10bn m³ of gas this year, up from the 8.9bn m³ forecast in July last year.
Oil Refinery
11-03-2021

Petron to Restart Philippine Refinery by 2H 2021
Philippine private-sector firm Petron plans to resume refining activity at its 180,000 b/d Bataan refinery by the second half this year on expectations of a significant recovery in demand.
OPEC
11-03-2021

India Asks Refiners to Diversify, Cut Reliance on Middle East Oil After Opec+ Decision
India, hit hard by the soaring oil prices, has urged producers to ease output cuts and help the global economic recovery
Energy Security
11-03-2021

Saudis Vow To Protect Oil Facilities And Global Supply After Latest Attacks
On Sunday, Yemen’s Houthi rebels said they had fired 14 drones and eight ballistic missiles at oil facilities at the Saudi port of Ras Tanura and military targets in three other Saudi cities.
Oil & Gas Trade
11-03-2021

Saudi Oil Exports Holding Strong Despite Production Cut Commitment
Saudi Arabia’s crude oil exports fell just slightly in February, in stark contrast to the bold voluntary production cuts that the Kingdom had offered to make.
Oil Exploration
11-03-2021

Adnoc and Petronas Agree to Explore Oil and Gas Opportunities in Abu Dhabi
The two state oil companies will look at exploration and production possibilities in the emirate
Crude Oil
10-03-2021

Libya Targets 1.45mn b/d Oil Output by Year-End
Libya aims to increase its oil output to 1.45mn b/d by the end of the year, a level not achieved since 2012.
Oil & Gas Supply
10-03-2021

COVID-19 And Electrification Bring Hydrocarbon Demand Peak Forward To 2027, Says McKinsey & Company
The pandemic has resulted in a profound reduction in energy demand, from which McKinsey expects it will take between one to four years to recover – with electricity and gas demand expected to bounce back more quickly than demand for oil
Crude Oil
09-03-2021

Oil Price Settles Near $70 as Traders Shrug off Saudi Terminal Attack
Brent oil erased gains as the market shrugged off an attack on the world’s largest crude terminal in Saudi Arabia.
LNG
09-03-2021

Russia’s Gazprom Boasts First Carbon-Neutral LNG Delivery In Europe
Russian gas giant Gazprom said on Monday that it had delivered the first carbon-neutral liquefied natural gas in Europe, shipping the fuel to Shell in the UK.
Natural Gas
09-03-2021

Texas Freeze Caused Record Gas Spot Prices and Outages
In the wake of a February winter storm that left Texans reeling from freezing temperatures and failed power generation units, reports are starting to publish data that demonstrates the scale and impact of the disaster.
LNG
09-03-2021

Japan-backed AG&P Says Gets Approval to Develop Philippines LNG Terminal
Atlantic Gulf & Pacific Company said on Monday its Philippines subsidiary has received the green light to develop a liquefied natural gas import and regasification terminal in Batangas Bay, south of Manila.
Oil Price
08-03-2021

Oil up Nearly 5% on Possible Extension of Saudi Output Cuts
Oil prices rose nearly 5% on Thursday on a possible extension of voluntary output cuts by Saudi Arabia into April, as OPEC ministers and their allies continued to deliberate about the future of supply cuts.
Crude Oil
08-03-2021

Oil Prices Rally to Highest Since 2019 After Opec+ Extends Output Curbs
Brent may trade as high as $80 a barrel in the second half of 2021, analysts say
Crude Oil
08-03-2021

OPEC, Allies Agree to Keep Oil Output Steady into April
The Organization of the Petroleum Exporting Countries (OPEC) and its allies agreed on Thursday to largely continue current production levels into April.
Crude Oil
07-03-2021

Oil Extends Gains on OPEC+ Supply Restraint, Expected Demand Recovery
U.S. West Texas Intermediate crude futures climbed 17 cents, or 0.3%, to $64.00 at 0128 GMT, holding below a 13-month high hit on Thursday.
Crude Oil
05-03-2021

Saudi Arabia And Russia Could Raise Oil Production By 1 Million Bpd
Saudi Arabia and Russia are talking about bringing back online 1 million bpd to the oil market, citing sources familiar with the matter.
LNG
05-03-2021

Australia’s January LPG Exports Rise by 45pc on Year
Australia's January LPG exports of more than 244,000t rose by 44.7pc from a year earlier but were around 14pc below December shipments, with the year-on-year rise underpinned by butane exports at a four-month high, according to the latest official trade d
Oil & Gas Trade
03-03-2021

India Calls On OPEC+ To Ease Cuts And Stop Pushing Oil Higher
India is calling again on the OPEC+ coalition to boost production from April, because the world’s third-largest oil importer is not particularly happy with this year’s oil price rally.
Oil Field
03-03-2021

EnQuest Starts Shutting Down Don Fields in North Sea
UK oil and gas company EnQuest has started the cessation of production activities on the Northern Producer floating production facility at the Don fields in the UK North Sea.
Crude Oil
03-03-2021

Opec+ to Convene Amid Robust Recovery in Global Oil Prices
The group could raise output by 500,000 to 700,000 bpd
Oil&Gas Drilling
02-03-2021

ReconAfrica Updates Kavango Drilling Program
ReconAfrica recently provided an update on its drilling program in the Kavango sedimentary basin in the Kalahari Desert of North East Namibia.

7263 Items PREV 1.. 218 219 220 221 222 223 224 225 226 ..291 NEXT

Most views from Oil & Gas

BP and Corteva Establish Biofuel Feedstock Joint Venture to Advance Sustainable Energy Development

Rising Oil Prices Drive ExxonMobil and Chevron to Their Best Monthly Performance Since 2022

Victoria's Gas Supply Strategy Sparks East Coast Energy Policy Divisions

CNOOC's Offshore Gas Field Cluster Around Hainan Island Achieves Annual Oil and Gas Equivalent Output Exceeding 10 Million Tons

Equatorial Guinea Advances Plan to Expand Natural Gas Export Facilities

Egypt and Lebanon Sign Memorandum of Understanding on Natural Gas Supply