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Oil & Gas

Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level

Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level

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.
Crude Oil
02-03-2021

OPEC+ Decision To Raise Output Could Keep U.S. Gasoline Under $3
Rallying oil prices in recent weeks have intensified speculation that this week the OPEC+ group will decide to put more oil on the market as of April to prevent an over-tightening of the market and preserve market share.
Oil & Gas Trade
02-03-2021

Pakistan Hopes to Save $3 Billion in New Gas Deal with Qatar
Khan's government has said it was trying its best to overcome an energy shortfall through different measures
Oil & Gas Trade
01-03-2021

Turkey's Imports of Natural Gas from Iran Fell by 31% in 2020
Turkey imported 5.32 billion cubic meters of natural gas from Iran in 2020, a year-on-year decrease of 31%.
Oil & Gas Trade
01-03-2021

S.Korea's Feb Crude Oil Imports Slide 14.7% y/y - Preliminary Data
South Korea's February crude oil imports fell 14.7% to 73.6 million barrels from a year earlier, preliminary data from the Ministry of Trade, Industry and Energy showed on Monday.
Crude Oil
01-03-2021

Oman Starts New Energy Company As it Seeks to Leverage Oil Block
New government-owned Omani energy company is established as it seeks to use its largest oil block to raise debt
Oil Refinery
01-03-2021

Indian Oil Shares Gain Over 3% on Panipat Refinery Capacity Expansion Plan
IOC board approved capital investment for capacity expansion of Panipat Refinery from 15 MMTPA to 25 MMTPA.
Oil Refinery
01-03-2021

Iranian Firm Wins Tehran Refinery Upgrade Project
Iranian contracting company Chagalesh Consulting Engineers has been awarded a €200mn engineering, procurement and construction contract to upgrade a number of gasoline producing units at the 220,000 b/d Tehran refinery.
Oil Price
27-02-2021

Oil Prices Fall on Strong US Dollar and Supply Concerns
Brent and WTI are on track for gains of about 20% this month

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