Gas

Crude Oil

Iraq to Bolster Crude Export Capacity in 2Q

Iraq has completed the installation of new pumps at its southern oil terminals, paving the way for an increase in crude exports.

Market Analysis

Gas-Powered Car Sales In China Down Around 4% While EV Sales Up ~145% In 2021

I saw an interesting tweet by Sam Korus from ARK Invest yesterday.

Crude Oil

Several Asian Refiners to Receive Full Saudi Crude Allocation in February

Saudi Aramco has notified at least five Asian buyers that it will supply full contractual volumes of crude oil in February, same as January, sources with knowle…

Oil & Gas Trade

China Boosts Imports Of Cheap Oil From Sanctioned Iran And Venezuela

Chinese refiners imported 53 percent more oil from Iran and Venezuela last year compared to 2020

Natural Gas

Go Fuel Retail Additional Expansion Approved

Oil & Gas Regulatory Authority has granted permission to Gas & Oil Pakistan Limited to operate additional fuel storage facility as well as expand fuel retail ne…

Kazakhstan

Kazatomprom Says Operations 'Normal' Despite Unrest

Kazatomprom's offices, production facilities and mines have not been impacted by civil unrest that began in the country on 2 January and are operating normally.…

Nuclear Power Plant

Heysham 2 and Torness End Dates Brought Forward by EDF

The Heysham 2 and Torness advanced gas-cooled reactor nuclear power stations in the UK are to stop generating electricity in 2028.

Hydrogen Project

Foton Links with BOC in Hydrogen Bus Push

China-backed Foton Mobility has teamed up with industrial gases company BOC as it looks to accelerate the roll-out of hydrogen buses in Australia and New Zealan…

World Gas Conference 2022

The World Gas Conference, conducted by the International Gas Union (IGU) since 1931, is the world’s largest and most important global gas industry event where …

Crude Oil

Libya’s El Sharara Crude Field Poised to Restart

Production from Libya's largest field — the 300,000 b/d El Sharara — can restart after an agreement was reached with the Petroleum Facilities Guard.

Oil Field

Output at Kazakh Tengiz Oil Field Ramping Back up

The Chevron-led Tengizchevroil consortium is gradually restoring production at Kazakhstan's giant Tengiz oil field after civil unrest forced the firm to reduce …

Oil Exploration

Eni Wins Five New Exploration Licences in Egypt

Italian oil and gas company Eni has been awarded five new exploration licences – located in the Eastern Mediterranean Sea, Western Desert, and Gulf of Suez – …

Oil & Gas Trade

Korea's Imports of U.S. Crude Oil Considerably Increases Last Year

As a result, South Korea became the biggest U.S. crude oil importer in Asia last year.

Crude Oil

China's Largest Offshore Oilfield Yields Over 30M tonnes of Crude Oil

China's largest oil field located in Bohai Bay produced more than 30 million tonnes of crude oil in 2021, top-ranked nationwide.

Natural Gas

Europe’s Gas Prices Rise On Muted Russian Supply, Cold Weather

Europe’s natural gas prices rose again on Monday as extra supply from Russia continues to be limited, while colder temperatures point to higher demand later th…