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Gas
Oil & Gas Trade
U.S. Drillers Expected to Slash Oil and Gas rigs to Lowest Ever
The number of oil and gas rigs operating in the United States is expected to hit an all-time low this week - reflecting data going back 80 years - as the energy…
Oil & Gas Trade
North American Oil Producers Cut Output Quicker Than Some Expected
OPEC and allies led by Russia struck a deal in April to contain a worsening supply glut as the coronavirus pandemic cratered global fuel demand by about 30%, se…
Electricity, water and gas meters for our embedded network
Tenders are invited for South Bank Corporation is seeking submissions from suitably qualified companies to provide meter reading services for electricity, water…
Oil & Gas Trade
Oil Exports Fetch USD 1.4 Billion in Libya
Such was the amount from foreign sales of petroleum from January to April. Political instability caused a drastic drop in output.
Gas power plant
Gemma Power Secures EPC Contract for 1.085GW Power Project in Ohio, US
Argan’s wholly owned subsidiary Gemma Power Systems has secured an engineering, procurement and construction (EPC) services contract with Harrison Power for a …
Oil&Gas Drilling
PTTEP Makes New Oil Discovery Offshore Mexico
PTTEP and its joint venture partners made two successful deep-water oil discoveries in Block 29, offshore Mexico, with good quality reservoirs. Commercial poten…
Oil Price
Saudi Arabia Raises Oil Prices As Demand Recovers
Saudi Arabia’s oil giant Aramco raised the price for all its crude oil grades to all regions for June in a move that analysts see as the start of demand recove…
Oil Price
Petrobras Halts Sale Of Huge Oilfields After Oil Price Collapse
Amid the low oil prices, Brazil’s state-owned oil firm Petrobras has suspended preparations to sell a minority stake in a cluster of four offshore fields produ…
Oil Shale
Top US Shale Producer Sees Oil Price Recovery Continuing
Pioneer natural resources, a U.S. shale oil producer, expects prices to return to at least $45 a barrel this year.
Oil Price
In a Gloomy Oil Market, India's Pump Prices Echo $100-Plus Crude
Crude oil has plummeted to about $30 a barrel from $115 when Prime Minister Narendra Modi first came to power six years ago.
Crude Oil
Shell to Shut Philippines Refinery
Shell's Philippine affiliate Pilipinas Shell Petroleum will temporarily shut operations at its 110,000 b/d Tabangao refinery for approximately a month starting …
Crude Oil
Korea's SK Innovation Sees Refining Slump Continuing
SK Innovation, the south Korean oil refiner, sees no sign of recovery.
Coal Mine
CSX’s Coal Freight To See 20% Decline In 2020?
There are several factors behind the revenue decline: There has been an overall shift to natural gas to meet the energy demand, as it is a cleaner form of energ…
Crude Oil
Russia Predicts U.S. Oil Output Will Drop By 2-3 Million Bpd
U.S. oil production could decline this year by 2 million bpd-3 million bpd, due to limited storage capacity and low oil prices, Russia’s Deputy Energy Minister…
Oil & Gas Trade
Saudi Arabia Succeeds In Seizing Oil Market Share From Key Rivals
Saudi Arabia doubled its crude oil exports to China in April to the highest volumes since at least 2017.
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