Gas

Oil Price

Saudi Arabia's Oil Exports Climb 147 per cent to $16 billion in May

The value of Saudi Arabia's oil exports in May increased 147 per cent to just over 60 billion riyals from a year earlier while non-oil exports rose by 70 per ce…

Natural Gas

East Timor's Bayu-Undan Infill Well Produces First Gas

The $235mn project was sanctioned in January.

Energy Security

Over 90% of Sinopec Henan Gas Stations have Resumed Operations!

Since July 17, China's Henan Province has experienced the first extreme heavy rainfall in its history.

Hydrogen Project

China's GCL Plans Ethiopian Ammonia Plant and Hydrogen Facilities

Chinese solar panel maker GCL Group plans a plant in Ethiopia to make ammonia using the natural gas produced from fields it has been developing under a deal wit…

Oil Pipeline

OMV: Nord Stream 2 Could Start Shipping Gas This Year

The Russia-led Nord Stream 2 natural gas pipeline could begin shipping gas as soon as this year, one of the western investors in the project

Crude Oil

Oil Edges Higher on Tighter U.S. Supplies, Brent Tops $75 a Barrel

Oil prices rose on Thursday as crude stockpiles in the United States, the world’s top oil consumer, fell to their lowest since January 2020, with Brent crude o…

China

Sinopec's million-ton Ethylene Project is About to Put into Production

At present, Sinopec has a comprehensive crude oil processing capacity of 9.2 million tons/year in Hainan.

Crude Oil

Exxon Makes Another Major Oil Discovery Offshore Guyana

ExxonMobil and its partner Hess Corporation have made another significant crude oil discovery offshore Guyana, the U.S. supermajor said on Wednesday.

Oil & Gas Trade

Value Of Saudi Oil Exports Jumps 147% In May

Higher oil prices and higher exports resulted in a 147-percent jump in the value of Saudi Arabia’s oil exports in May 2021 compared to May 2020。

Crude Oil

Russia Was World’s Second-Largest Oil Producer In H1 2021

Russia was the world’s second-largest producer in the first five months of this year after the United States, data from Rosstat, the state statistics bureau, h…

Wind Power Project

Madagascar: Rio Tinto to Power Mine Through Renewable Energy

Rio Tinto has signed a power purchase agreement for a renewable energy plant to power QIT Madagascar Minerals ilmenite mine.

Oil Pipeline

Video: How The $25 Billion Nigeria Morocco Gas Pipeline Will Change The Energy Sector In Africa

How The $25 Billion Nigeria Morocco Gas Pipeline Will Change The Energy Sector In Africa

Oil Field

South Sudan Readies for 2020 Oil Licensing Launch

The Minister will also announce a tender for an environmental audit for the country’s producing oilfields at the SSOP conference.

Natural Gas

China's Sinopec Aims to Grow Gas Output 60% by 2025

The company aims to produce 13 bcm of shale gas from the Sichuan basin by 2025, which would make up nearly 30% of its total gas output, Zhu said.

Crude Oil

Libya Looks To Boost Oil Production To 1.6 Million Bpd In 2022

Libya could boost its oil production to 1.6 million barrels per day by the middle of 2022 if the industry has the necessary funding