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Oil & Gas

Oil Prices Post 3% Annual Decline

Oil Prices Post 3% Annual Decline

Oil & Gas Trade
23-11-2020

CNOOC China Awards LNG Contract to Aramco Trading
China National Offshore Oil Corp has awarded a tender to buy liquefied natural gas from the trading arm of oil giant Saudi Aramco in Singapore through the Shanghai Petroleum and Natural Gas Exchange.
Oil and Gas Equipment
23-11-2020

MacGregor Makes Lingshui 17-2 Deliveries
MacGregor, part of Cargotec, has delivered the riser pull-in system for the Lingshui 17-2 platform, owned and operated by CNOOC.
Oil Field
23-11-2020

Repsol Sinopec Preparing for Decommissioning of UK North Sea Field
Oil and gas company Repsol Sinopec has received approval from the UK authorities for preparation work scopes plan relating to the decommissioning of the Fulmar and Auk North installations located in the UK sector of the North Sea.
LNG
21-11-2020

Hoegh LNG Signs Deal with India's H-Energy to Supply FSRU from 2021
This will be the first FSRU to start operations in India, which has six land-based LNG import terminals.
Oil Pipeline
21-11-2020

Uganda to Begin Building Oil Export Pipeline in H1 2021
Uganda expects construction of a $3.5 billion crude export pipeline to start in the first half of next year, Energy Minister Mary Goretti Kitutu said.
Crude Oil
20-11-2020

Crude Oil Pares Losses After UAE Reassures on OPEC Commitment
Crude oil prices were down fractionally in early trading in New York on Thursday, paring earlier losses after the United Arab Emirates rebutted reports claiming that it was thinking of leaving OPEC in protest at its policy on output restraint.
LNG
20-11-2020

Qatargas Delivers First Q-Max LNG Cargo to Tianjin Terminal
Qatargas Operating Company Limited has announced the delivery of the first cargo of LNG on a Q-Max LNG carrier to the Tianjin LNG Receiving Terminal in China.
Natural Gas
20-11-2020

POSCO International to Explore New Gas Fields in Myanmar
POSCO International has decided to invest 108.6 billion won to explore new gas fields in Myanmar.
LNG
20-11-2020

Belgium: Another LNG Service Station Opened
Rolande, market leader in LNG in the Netherlands, and the Belgian G&V Energy Group are opening a new LNG filling station in Habay in the Ardennes .
Oil & Gas Trade
19-11-2020

Trump Administration Holds Its Last Offshore Oil Auction
The Bureau of Ocean Energy Management (BOEM) is holding on Wednesday the last offshore lease sale for the year and the last such lease sale under the current U.S. Administration of President Donald Trump, before Joe Biden.
Russian Federation
19-11-2020

Russia, Belarus Launch Gas Supply Conditions Negotiations
Russian gas monopoly Gazprom and the government of Belarus have launched negotiations to discuss the conditions of gas supplies to Belarus starting from January 1, 2021, Gazprom said.
Oil Field
19-11-2020

PetroVietnam Pumps First Gas from Sao Vang-Dai Nguyet Offshore Field
State-owned PetroVietnam has started pumping first gas from its Sao Vang-Dai Nguyet field off Vietnam’s southern coast.
Energy Security
19-11-2020

Report Confirms Progress in Safety of Offshore Oil and Gas Operations in Europe
The European Commission has seen progress in the safety of offshore oil and gas operations in EU member states following the implementation of the safety directive.
Oil & Gas Trade
19-11-2020

China Port Tops 100 million Tonnes in Oil, Gas Throughput
Ningbo Zhoushan port, China's busiest port in the eastern province of Zhejiang, reported its oil and gas throughput exceeding 100 million tonnes in the first ten months of the year, marking the first time it reached this volume.
Oil and Gas Technology
19-11-2020

Bharat Petroleum Confident of Meeting 10% Ethanol Blending Target by 2022
And on Monday it also allowed procurement and conversion of the surplus maze into ethanol.
LNG
18-11-2020

Mexico's Costa Azul Takes First LNG Project FID of 2020
US firm Sempra Energy has taken a final investment decision (FID) on its Energia Costa Azul LNG export terminal in Mexico, making it the first liquefaction project to be approved in 2020.
LNG
18-11-2020

China Adds Two Large LNG Tanks at Shanghai Gas Terminal
China added two large storage tanks for liquefied natural gas at Yangshan receiving terminal that boosted the import facility's storage capacity by 80%.
Market Analysis
17-11-2020

Rystad: Discovered Oil and Gas Resources to Reach 10 Billion Boe in 2020
Despite concerns that Covid-19 could drive down discovered volumes to their lowest levels in decades, exploration activity has been resilient this year with discovered resources set to hit 10 billion boe in 2020.
Oil Field
16-11-2020

Nigeria's NNPC Says First Oil Flowing from Anyala Offshore Field
Nigerian state oil company NNPC and First E&P have begun oil production at the Anyala oilfield, NNPC announced on Thursday.
Oil & Gas Trade
16-11-2020

Natural Gas is Key to Sustainable Development Say Exporting Countries
This year’s forum for gas exporting countries assessed the current dynamics in the natural gas industry and acknowledged that the fundamentals that will drive natural gas’ projected growth to the top of the global energy mix remain unchanged.
Oil & Gas Trade
16-11-2020

China Is Rapidly Expanding Its Oil Resources In Africa
China is making a major power play to expand its global energy influence.
LNG Carrier
13-11-2020

Sinopec Unloads the World's Largest LNG Carrier for the First Time
On November 10, the Q-MAX LNG carrier Almafia, which set sail from Qatar, successfully berthed at the Tianjin LNG receiving terminal wharf of Sinopec Natural Gas Branch.
Oil Price
13-11-2020

Azerbaijan Sees Increase in Oil Price
Azerbaijani oil price has increased on the world markets
Oil Pipeline
13-11-2020

Minnesota Grants Key Permits for Line 3 Crude Oil Pipeline
Minnesota regulators have granted a stack of important approvals for Enbridge Energy’s planned Line 3 pipeline replacement across northern Minnesota.
Oil & Gas Trade
13-11-2020

Russia’s Gazprom Finds Record-High Gas Inflow on Kara Sea Shelf
Russian gas monopoly Gazprom has performed another set of tests in the upper levels of the exploration well at the Leningradskoye field of the Yamal gas production centre.

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