Gas

Crude Oil

Russia’s Oil Production To Drop By Just 1% This Year

Russia’s oil production this year is expected to be 1 percent lower compared to 2020, in view of the OPEC+ agreement.

Crude Oil

China’s CNPC Looks To Revive Oil Projects In Venezuela

The China National Petroleum Corporation is preparing to return to Venezuela after the Maduro government finalizes legislation seeking to attract more foreign c…

Oil Exploration

Shell Takes Operatorship in Blocks off South Africa

Impact Oil & Gas entered into the agreement with Shell for the farm-out of the South African exploration right back in November 2020.

Crude Oil

Oil Rises After Opec+ Agrees to more Supply

Group's joint ministerial monitoring committee expects a surplus of 2.5 million bpd in 2022

Gas turbine engine

GE Completes Modernisation of Thessaloniki Power Plant in Greece

GE has completed the modernization of Greek energy company Elpedison’s Thessaloniki power plant.

Hydrogen Project

Experimenting Hydrogen Injection and Power to Gas Technology

In Sardinia, Italgas is developing the first end-to-end green hydrogen project in Italy, aimed at testing the entire hydrogen value chain.

OPEC

OPEC+ Ignores Biden, Keeps Output Plans Unchanged

The September meeting of OPEC+ today wasn’t expected to erupt in vehement disagreements.

Oil Exploration

Israel Stops Onshore Oil Exploration Permits

Israel will no longer issue onshore oil exploration permits, Energy Minister Karine Elharrar said this week

Market Analysis

Iraqi Crude Exports up 5pc in August

Iraqi crude exports marketed by state-owned Somo increased by 5pc on the month to 3.05mn b/d in August.

Oil Refinery

Iraq on Track for Karbala Refinery Start-up Next Year

Iraq is testing power generation systems at its new 140,000 b/d Karbala refinery ahead of start-up next year.

Natural Gas

Amber Grid to Focus on Green Gas Infrastructure

Gas transmission system operator Amber Grid has announced its operational strategy up to 2030.

Natural Gas

Natural Gas, Reliable and Affordable Source of Energy in the Path to Sustainable Recovery

Having access to clean, reliable, and affordable energy sources is essential to improving the welfare of societies.

Oil & Gas Trade

CNOOC Invites Foreign Firms to Bid for 19 Blocks of Offshore Oil and Gas

CNOOC had inked 228 contracts with 81 oil companies from 21 countries and regions by July, it said.

Oil Exploration

ADNOC Partners with Pakistani Companies for the First Time

As part of Abu Dhabi’s second competitive block bid round, ADNOC has signed a historic exploration concession agreement, awarding the exploration rights for Ab…

Crude Oil

ExxonMobil Baton Rouge Begins Restart Process

ExxonMobil's refining and petrochemical assets in Baton Rouge were undamaged by Hurricane Ida and have begun restart procedures today.