Gas

Crude Oil

Platts: OPEC+ Is Producing Less Crude Than It's Supposed To

OPEC+ is producing less oil than it is supposed to, a survey by Platts has revealed, as cited by Forex Live.

LNG

Pakistan Struggles To Find LNG Amid Gas Crisis

Pakistan is looking to buy liquefied natural gas for the winter, but it couldn’t find any sellers in a recent tender, which highlights the fact that the natura…

Market Analysis

New GHG Targets Dampen Coal Outlook in South Korea

South Korea's power sector will have to reduce its net 2030 greenhouse gas emissions by at least 44.4pc from 2018 levels to meet the newly proposed nationally d…

Biofuel

Veolia Produces 12.4MW of Clean Power with New Biogas Plants

Environmental infrastructure development company, Veolia, has inaugurated three new thermoelectric power plants at its waste recovery centres in the states of S…

Crude Oil

Saudi Arabia To Ship Extra Crude Oil To Asia In November

The world’s largest oil exporter, Saudi Arabia, will ship additional volumes of crude to at least three refiners in Asia in November

Hydrogen Project

NTPC, Gujarat Gas 'Blend' Hydrogen for Homes

To begin with, NTPC aims to reach out to its 200-home housing colony at Kawas near Surat by using about 100 cm/d of PNG where it will initially blend hydrogen t…

Natural Gas

Natural Gas Prices Plunge As Putin Promises More Supply

Natural gas futures mercifully slipped 10% on Wednesday after Russian President Vladimir Putin promised that the gas-rich nation would send more natural gas to …

Market Analysis

Global Oil Demand Seen Returning to Pre-Pandemic Levels Within a Year: Moody's

The ongoing recovery in demand, rising costs and reduced levels of inventory as of September 2021 will continue to support strong momentum in oil prices.

Crude Oil

Oman's September Crude Output Edges up to 764,000 b/d

Oman's crude oil output edged up in September, marking a seventh straight monthly increase as the Opec+ group, of which it is a member, continues to unwind its …

Carbon Emissions

Energy Crisis Sets Stage for Record Global Carbon Emissions

Greenhouse gas emissions had already been surging this year

Oil Exploration

4 Offshore Contracts Signed for Hydrocarbon Exploration and Production; Investments will Total US$1.4 billion

The National Hydrocarbons Agency and Anadarko Colombia Company signed 4 contracts for the exploration and production of hydrocarbons in the Colombian Caribbean,…

Hydrogen Project

Equinor Launches a Multibillion-Dollar Blue Hydrogen Plan

Equinor ASA, the flagship producer of oil and gas giant Norway, is investing billions of dollars in blue hydrogen on a bet that it can make the fuel more cleanl…

Crude Oil

ExxonMobil Increases Stabroek Resource Estimate to Approximately 10 Billion Barrels

ExxonMobil increased its estimate of the discovered recoverable resource for the Stabroek Block offshore Guyana to approximately 10 billion oil-equivalent barre…

OPEC

Opec+ Output up by 650,000 b/d in September

Opec+ output rose sharply in September, pushed higher by production recoveries in Nigeria, Angola and Kazakhstan and by a notable increase from Iraq.

LNG

Vietnam Approves New $2.3 bln LNG Project

The plant, which is based in the central province of Quang Tri, will have an initial capacity of 1,500 MW, the government said in a statement