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Oil & Gas

Oil Prices Post 3% Annual Decline

Oil Prices Post 3% Annual Decline

Oil & Gas Trade
11-01-2020

Congo Wants to Sell Gertler’s Oil Blocks on Ugandan Border
Congo Kinshasa is forming a plan to take back two oil blocks from sanctioned Israeli billionaire Dan Gertler and sell them to another company.
Oil & Gas Trade
11-01-2020

Woodside JV Approves Senegal's First Oil Project
Oil and gas major Woodside Petroleum on Friday announced that the joint venture (JV) partners have approved the development of Phase 1 of the Sangomar field development, in Senegal.
Crude
10-01-2020

Crude Falls after Trump Says Iran ‘Appears to be Standing Down’
Crude oil prices continued to fall Wednesday after President Trump said Iran is standing down in the Middle East and the U.S. will impose new sanctions on the nation instead of retaliating with military force.
Oil & Gas Trade
10-01-2020

Russia, Turkey Open TurkStream Gas Pipeline
Russian President Vladimir Putin and his Turkish counterpart, Recep Tayyip Erdogan, Wednesday opened the taps of the TurkStream natural gas pipeline, officially launching the Gazprom-led project in Istanbul, Kallanish Energy reports.
Oil & Gas Trade
09-01-2020

China Opens Oil and Gas Exploration to Foreign Firms
China will allow foreign companies to take part in oil and gas exploration and production in the country, in what officials hailed Thursday (Jan 9) as a "major reform" opening up the industry.
Oil&Gas Drilling
09-01-2020

Woodside Gets Green Light for $6 Billion Senegal Oil Project
Australian oil and gas producer Woodside has won approval from the Senegalese government to develop the nation's first oil project, clearing the way for final investment decisions to proceed.
Oil & Gas Trade
09-01-2020

Mozambique Signs Gas Importation Agreement for Beluluane Gas-Fired Power Plant
Mozambique has signed an agreement deal with France to import liquefied natural gas (LNG) that will be needed for a major gas-fired power station planned for Beluluane, on the outskirts of the Mozambican capital.
Oil Price
09-01-2020

Oil Prices Plunge after Trump Downplays Iran Attack
Oil prices plunged on Wednesday, reversing the spike in overnight trading after U.S. President Donald Trump downplayed Iran's missile attack against U.S. forces in Iraq.
08-01-2020

Apache Shares Jump 27% on Major Discovery in Suriname with Total
Apache Corp and Total SA said on Tuesday they had made a major oil discovery in a closely watched area off the coast of South America’s Suriname, sending Apache’s shares surging nearly 27%.
Oil&Gas Drilling
08-01-2020

Talos Targeting 2023 for First Oil from Zama Offshore Mexico
Talos Energy has detailed results of Netherland Sewell’s (NSAI) contingent resource evaluation of the Zama oil discovery in block 7 offshore Mexico.
Oil & Gas Trade
08-01-2020

Russia Begins TurkStream Gas Flows to Greece, North Macedonia
Russia has started European gas deliveries through the new TurkStream pipeline to Turkey, Bulgaria’s Bulgartransgaz said on Sunday, as Moscow looks to reduce shipments via Ukraine.
Crude
08-01-2020

Crude Oil Jumps as Markets Dip on Iran’s Missile Assault Against US
Oil prices jumped to their highest in months on Wednesday after Iran attacked American forces in Iraq in response to a U.S. strike that killed an Iranian general last week, raising the spectre of a spiralling conflict and disrupted oil supplies.
LNG
07-01-2020

Qatar Petroleum and Kuwait Petroleum Corporation Sign Agreement to Supply 3 Million Tons of LNG
Qatar Petroleum and Kuwait Petroleum Corporation (KPC) entered into a long term Sale and Purchase Agreement for the supply of up to 3 million tons per annum of Liquefied Natural Gas (LNG) to the State of Kuwait.
Oil & Gas Trade
07-01-2020

Oil Buyers Fear Iraqi Supply Hit, in Spillover from Iran Crisis
Oil buyers in Asia are increasingly wary that Iraq’s entanglement in the worsening dispute between the U.S. and Iran could disrupt shipments from one of their key Middle East suppliers.
LNG
07-01-2020

Australia Officially the World’s Largest Exporter of LNG
Australia has officially become the world’s largest exporter of LNG on an annualised basis.
Oil Price
06-01-2020

Oil Surges After Trump Threatens Iraq Sanctions
Oil prices shot more than 2 per cent higher on Monday, with Brent rising above $70 a barrel, after US President Donald Trump issued a threat to impose sanctions on Iraq amid escalating tensions with Iran in the Middle East.
Oil&Gas Drilling
06-01-2020

New Zealand Oil Exploration Hinges on Great South Basin
OMV's drilling programme off the Otago coast this summer will probably determine whether there is any further exploration in New Zealand waters, a leading energy analyst says.
Market Analysis
06-01-2020

Oil Industry Braces for more Mideast Turmoil After Soleimani Killing
The U.S. assassination of one of Iran’s most powerful generals has the oil industry bracing for something it has long feared and anticipated – direct military confrontation between the two adversaries.
Oil & Gas Trade
05-01-2020

Baltic Pipeline Opens to Ease Natural Gas Dependence on Russia
Stored natural gas has begun flowing to Finland from Latvia through the new Balticconnector pipeline in a bid to ease the region's dependence on Russian gas.
Market Analysis
05-01-2020

Oil Infrastructure at Risk as Iran Looks to Avenge Soleimani's Death
Energy infrastructure around the Persian Gulf could be among the most tempting targets for Iran in seeking retaliation for the U.S. killing of Gen. Qassem Soleimani.
Oil & Gas Trade
05-01-2020

Russia to Resume Limited Oil Supplies to Belarus Amid Talks
Belarus has reached an agreement with Russia for limited oil supplies after Moscow earlier this week stopped supplying crude amid stalled talks on strengthening economic ties between the neighboring countries.
Crude
03-01-2020

Tullow Oil Reveals Discovery of ‘Higher Quality’ Crude Offshore Guyana
Tullow Oil PLC (LON:TLW) has revealed a higher quality oil discovery offshore Guyana, in the Carapa-1 well within the Kanuku licence.
Oil & Gas Trade
03-01-2020

Greece, Cyprus and Israel Sign Agreement to Build Gas Pipeline
Greece, Cyprus, and Israel have signed an agreement to construct 1,900-kilometer undersea pipeline to carry natural gas from the eastern Mediterranean to Europe and potentially help the continent reduce its dependency on Russia for energy supplies.
Oil&Gas Drilling
03-01-2020

China's Top Coal Province to Seek Investors Extracting Gas from Abandoned Mines
Shanxi holds about 2,052 sq km of depleted coal mine zones that could contain an estimated 72.6 billion cubic metres of coal-seam gas.
Oil & Gas Trade
02-01-2020

Jordan Gets The First Supplies of Israeli Gas
Under the agreement, the U.S.-Israeli consortium will supply Jordan gas for 15 years from the field in the Mediterranean.

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