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Gas
Oil Price
Oil Could Fall Back To $20
Oil demand is set to plunge by as much as 27 million barrels per day (mb/d) in April, a decline larger than anything that has occurred in the history of oil.
Crude Oil
Mexico Rejects Global Plan To Cut Oil Production
The deadly price war and coronavirus cocktail that threw most of the global industry into a panic seems to have missed one of the large national players: Mexico…
Crude Oil
Global Oil Producers Agree On Joint 10 Million Bpd Output Cut
OPEC has succeeded. On Thursday, the OPEC++ group agreed, in principle, to cut 10 million bpd in oil production, according to media. But will it be enough? Toda…
LNG
BP Issues Force Majeure to Golar Over Tortue Ahmeyim LNG Project
BP is seeking to delay by a year the reception of a floating liquefied natural gas facility at the Tortue Ahmeyim project in Africa.
Crude Oil
Russia: U.S. Shale Decline Can’t Count As ‘Output Cut’
Production declines across the U.S. shale patch as companies reduce drilling and spending cannot be viewed as a voluntary U.S. cut aimed at supporting oil price…
Oil Shale
Is U.S. Energy Dominance Coming To An End?
America’s era of “energy dominance” was brief.
Oil & Gas Trade
Iran doesn't Agree with Holding OPEC+ Meet Without Clear Outcome
Iran’s Oil Minister, Bijan Zanganeh, said his country does not agree with holding any OPEC+ meeting in the absence of a clear proposal and expected outcome fro…
Crude Oil
L&T Wins 'Large' Contract from Indian Oil for Capacity Expansion at Barauni Refinery
It has won a "big" contract from the Indian Oil Corporation to expand capacity at the IOC's Barauni refinery in bihar.
Oil Price
Oil Rises As Markets Eye OPEC, Russia Meeting on Output Cuts
Oil prices rebounded Wednesday after two straight days of declines.
Uniper Teams Up with Siemens to Develop Hydrogen at Gas, Wind Sites
Uniper, the German utility, has signed a co-operation agreement with Siemens to evaluate hydrogen options at its gas-fired power plants.
Oil&Gas Drilling
Government Admits BP Drilling Permit Process was Unlawful
The government admits it acted unlawfully in granting BP’s permit to drill for new oil in the North Sea, a Greenpeace legal challenge reveals, after officials …
Oil Shale
The Dream Of U.S. Energy Independence Is Dying Along With The Shale Revolution
It was a revolution; a game-changer.
Oil Pipeline
Algeria Completes the Construction of GR7 Gas Pipeline Project
Algeria’s state-owned Sonatrach oil and gas company has successfully completed the construction of the GR7 gas pipeline project.
Crude Oil
Trump: Free Markets Will Determine U.S. Oil Production
U.S. President Trump believes local oil production output cuts will happen automatically thanks to the nature of the free market, he told reporters this week.
Gas Turbine
SGT6-9000HL Achieves First Fire at Duke Gas Turbine Test Site
Siemens Energy has successfully started up the first SGT6-9000HL gas turbine to kick off long-term testing phase in North Carolina.
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