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Oil & Gas
Kazakhstan
Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level
Oil & Gas Trade
16-07-2020
U.S. LNG Exports Will Fall to 25%
The average US LNG export volume in June was 3.6 billion cubic feet per day, and the average export volume in July.
Oil&Gas Drilling
16-07-2020
Global Oilfield Services Under Pressure from Oil Price Drop
Exploration-focused oilfield service companies will face the largest demand decline as a result of oil and gas producers cutting their capex and operating expenditure.
Oil Field
16-07-2020
Petrobras Reaches New Production Record at Búzios Field
Brazilian oil and gas company Petrobras has reached a production record on its operated Búzios field located in the Santos Basin pre-salt offshore Brazil.
Crude Oil
16-07-2020
OPEC Adjusts Oil Demand to 8.9 Million bpd for 2020
The Organization of the Petroleum Exporting Countries, yesterday, revised downward its world oil demand in 2020.
Oil & Gas Trade
15-07-2020
Venezuela Restarts Gasoline Output At Only Operating Refinery
Venezuela's state oil firm PDVSA has resumed gasoline production at the only operating refinery in the country home to the world's largest oil reserves that is experiencing severe gasoline shortages.
Crude Oil
15-07-2020
The Middle East Nation Reopening its Doors to Iraqi Oil
It will also serve to consolidate the Shia crescent of power falling across the region by dint of Iran, and its prime backers, China and Russia.
Oil&Gas Drilling
15-07-2020
Oil And Gas Drilling Set For A Multi-Decade Low In 2020
The number of drilled wells globally is expected to reach around 55,350 this year, the lowest since at least the beginning of the century.
Crude Oil
15-07-2020
Oil Rises Slightly Ahead of OPEC+ Meeting
Oil prices rose slightly on Tuesday as OPEC and its allies cut production by more than agreed to in June.
Oil & Gas Trade
14-07-2020
U.S. Ups Pressure to Push Venezuela Oil Exports to Zero
“What you will see is most shipowners and insurance and captains are simply going to turn away from Venezuela,”
Crude Oil
14-07-2020
Iran Expands Oil Production Capacity
Iran is taking a step that would seem counterintuitive in an environment of subdued demand for oil and oil products.
Oil Price
14-07-2020
Oil Down as Opec+ Prepares to Lower Output Quotas
Oil edged lower ahead of an OPEC+ meeting this week at which the group may announce plans to start tapering historic production cuts even as the coronavirus surges unabated in many parts of the world.
China Energy
14-07-2020
China Sinochem's Quanzhou Petchem Project Start Delayed to Late-August
China Sinochem Group's Quanzhou 32.5 billion yuan ($4.64 billion) petrochemical expansion project is aiming to start trial operations in late August.
LNG
13-07-2020
Cyprus Starts Work on First LNG Import Terminal
Cyprus has started building its first LNG import facility at Vassilikos, the nation’s largest and most expensive energy project.
LNG
13-07-2020
GasNet Opens First Mobile LNG Station in Czech Republic
GasNet, a Czech natural gas distributor, has put into operation the first public mobile self-serve unit for liquefied natural gas on the Czech market.
LNG
13-07-2020
Russia’s Blue Stream Gas Pipeline to Turkey Idle Since May
The Blue Stream pipeline delivering Russian gas to Turkey, due to be re-launched after maintenance in May, remains idle.
Oil & Gas Trade
13-07-2020
Libya's NOC Blames UAE for Halt to Oil Output, Exports
Libya, with largest oil reserves in Africa, can produce 1.2 million barrels of crude oil per day.
Crude Oil
13-07-2020
OPEC and Russia May Ease Oil Production Cuts
Saudi Arabia, the world’s largest oil exporter, and other major oil-producing countries are likely to increase their output in August.
Oil & Gas Trade
10-07-2020
China Awards More Non-State Crude Import Quotas
China has issued a third batch of non-state crude import quotas for 2020, sending the amount awarded so far this year more than 10pc above the total for 2019.
Oil Pipeline
10-07-2020
Brazil Resumes Open Season for Gas Pipeline
Brazil's hydrocarbons regulator will resume an open season for access to the Bolivia-Brazil natural gas pipeline.
Oil & Gas Trade
10-07-2020
BP-Sinopec Bunker Venture to Start Fuel Oil Deliveries to Fujairah
The BP and Sinopec marine fuel bunkering joint venture will start deliveries of high sulfur and low sulfur fuel oils to Fujairah next month.
Market Analysis
10-07-2020
Will Trump's New Investment Proposal Help The Oil & Gas Industry?
The U.S. Department of Labor – which has recently proposed a rule that would limit retirement funds' investments based on environmental, social, and governance criteria.
Oil & Gas Trade
10-07-2020
North American Oil And Gas Companies Continue to Go Bankrupt at $40 Oil
The rash of oil and gas bankruptcies in North America is set to continue for the remainder of 2020.
09-07-2020
Chevron Partners with Clean Energy On Adopt-A-Port Initiative to Supply Renewable Natural Gas for Port Trucks
Chevron is working with Clean-Energy Fuels, a California-based natural gas retailer, on the Truck-A-Port project.
Oil & Gas Trade
09-07-2020
US Refiners Ramp Up Crude Imports from Mexico to 8-Year High
US crude oil imports from Mexico surged to the highest level in more than eight years last week as swelling inventories and a fire at the Latin American country's largest refinery in late June led it to offload more barrels.
Crude Oil
09-07-2020
US Crude Stocks Build on Higher Imports, Distillates Inventories Hit 37-yr High: EIA
US crude oil stockpiles grew last week and inventories on the Gulf Coast hit a record high as imports from Mexico rose to an eight-year high.
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Most views from Oil & Gas
1
Exxon and QatarEnergy's joint venture Golden Pass produces first LNG at new Texas facility
2
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3
Equinor starts drilling major gas development in Brazil
4
Algeria and Spain in talks to increase gas supply
5
Petron secures 2.5M barrels of Russian crude oil
6
PH, China reopen oil exploration talks