Gas

Crude Oil

Equinor Delays Restart of Brazil Oil Field to 2022

Norway's Equinor plans to restart production and complete a second development phase at the Peregrino offshore oil field in first half 2022, extending an interr…

Crude Oil

Mercuria Sees Opec+ Control Keeping Crude Around $70/bl

Crude prices are likely to stay at about $70/bl "for a while", as Opec+ will use some of its spare capacity and boost production if prices top $75/bl in order t…

Coal Trade

South Korean Coal Imports Drop in May

Competitive gas prices and coal-fired plant restrictions trimmed South Korean thermal coal imports on the year in May, although receipts from Australia are at a…

Gas power plant

Wartsila to Set up 30-MW Power Plant for Oil India in Assam

The power plant is scheduled to be commissioned in November 2022

Nuclear Power Plant

China Says Radiation Levels Normal At Taishan Nuclear Plant

China said Tuesday radiation levels remained normal at one of its nuclear power plants and there were no safety concerns, after the station's French operator re…

Carbon Emissions

G7 Plans to Announce the Goal of Halving Greenhouse Gas by 2030

​The Group of Seven summit to be held in Cornwall, England in 2021 will be closed on June 13 local time.

Oil & Gas Trade

ExxonMobil Exit Delay Threatens Baghdad’s Oil Future

Disagreements prompting the delay to ExxonMobil's exit from Iraq's West Qurna 1 field could have longer-term ramifications for Iraq's upstream oil and gas secto…

Crude Oil

Pharos Energy Finds Oil in Two Reservoirs at Egyptian Well

The Batran-1X commitment exploration well was drilled 4 kilometers west of the Main Tersa-1X well

Crude Oil

Minnesota Court Affirms Approval of Line 3 Oil Pipeline

The Minnesota Court of Appeals on Monday affirmed state regulators' key approvals of Enbridge Energy’s Line 3 oil pipeline replacement project, in a dispute th…

Oil Price

Oil Steadies After Hitting 2-yr High as Demand Hopes Face Supply Growth

Oil prices ended mostly unchanged on Monday, after hitting their highest levels in more than two years, as growing U.S. crude production and Britain's delayed C…

Oil Pipeline

Merkel Says Discussed with Biden His Upcoming Meeting with Putin, Nord Stream 2

German Chancellor Angela Merkel said on Saturday that she discussed with US President Joe Biden at the G7 summit his forthcoming meeting with Russian President …

Oil & Gas Trade

Oil to Trade Between $68 and $75 in Second half of 2021 Amid Rising Demand, Iraq Minister Says

Crude prices have increased due to supportive Opec+ policies and growing demand as economies reopen

Oil Exploration

Equinor Makes Minor Oil Discovery in North Sea

Norwegian oil and gas company Equinor has made a minor oil discovery near the Visund field in the North Sea offshore Norway, which will be a tie-in to the plann…

Oil&Gas Drilling

Jadestone to Close Maari Field Deal in 2H 2021

Singapore’s Jadestone Energy expects to complete the acquisition of the 69 per cent operated interest in the Maari asset.

LNG

Crown LNG to Develop LNG Terminal Offshore India

Crown LNG Holding AS, a Norwegian group which specialises in developing LNG infrastructure for harsh weather conditions, has initiated development of an LNG ter…