Opec

LNG
China's CNOOC and Sinopec Issue First LNG Tenders on Shanghai Gas Exchange
China National Offshore Oil Corp and Sinopec Corp issued the first tenders to buy liquefied natural gas on the Shanghai Petroleum and Natural Gas Exchange when …
Crude Oil
OPEC Members Rebel Over Production Cut Extension
Iraq, the United Arab Emirates, and Kuwait - the biggest OPEC producers behind Saudi Arabia – are reportedly not particularly inclined to support a rollover of…
Oil & Gas Trade
Russia’s Crude Oil Exports Drop 8% In January-August
Russia’s crude oil exports dropped by 7.9 percent year over year in the period January to August.
Oil Pipeline
China's Sinopec Completes Qingdao-Nanjing Gas Pipeline Construction
The 536.13-kilometre pipeline, which also connects to the existing Sichuan-East gas pipeline, is expected to help improve energy security in China's eastern dev…
Crude Oil
Putin Leaves Door Open for Opec+ Cuts Extension
Russian president Vladimir Putin says that Opec+ could maintain or even deepen its existing crude production cuts next year, the first time Russia has acknowled…
Video
Sinopec Open Day in Saudi Arabia
This event is the first time that Sinopec has held an overseas cloud open day event, and it is also the last of the first batch of cloud open series activities …
Oil & Gas Trade
Israel And The UAE Sign Historic Oil Deal
Israel and the United Arab Emirates signed this week a preliminary agreement under which crude oil from OPEC’s third-largest producer could be shipped to Europ…
Oil Price
Iraq Sees Oil Prices Recovering In Q2 2021
Currently, the OPEC+ production cuts are delaying oil projects in Iraq.
Crude Oil
Russian Oil Companies Plan Significant Drilling Cuts For 2021
Russian oil producers who have already reduced their drilling activity by a third this year may cut it further by 20 percent.
Oil Price
OPEC+ Will Ensure Oil Prices do not Plunge Again, Says OPEC Chief
The OPEC+ alliance will ensure oil prices do not plunge steeply again when it meets to set policy at the end of November, OPEC's Secretary General said on Thurs…
Oil & Gas Trade
OPEC+ to Stick with Plans to Ease Output Cuts, Says Russia's Novak
Russian Energy Minister Alexander Novak on Wednesday said that the OPEC+ group of leading oil producers will start easing output curbs as planned despite a glob…
Iran
Iran Names New Opec National Representative
Iran's oil minister Bijan Namdar Zanganeh has appointed Afshin Javan as the country's new national representative to Opec, replacing Mohammad Taeb, who had been…
Crude Oil
OPEC: Oil Demand to Decline after Plateauing in Late 2030s
World oil demand will plateau in the late 2030s and by then begin to decline.
Crude Oil
Opec Sees Oil Demand Peak Around 2040
World crude demand will make a strong post-Covid-19 recovery in 2021-2023 but will peak somewhere around 2040, Opec said in its World Oil Outlook.
Crude Oil
Russian Oil Production Tops OPEC+ Quota In September
Russia produced an average of 9.93 million bpd of crude oil and condensates last month, a little above its OPEC+ quota but still down 11.8 percent on the year, …

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Opec

China's CNOOC and Sinopec Issue First LNG Tenders on Shanghai Gas Exchange

OPEC Members Rebel Over Production Cut Extension

Russia’s Crude Oil Exports Drop 8% In January-August

China's Sinopec Completes Qingdao-Nanjing Gas Pipeline Construction

Putin Leaves Door Open for Opec+ Cuts Extension

Sinopec Open Day in Saudi Arabia

Israel And The UAE Sign Historic Oil Deal

Iraq Sees Oil Prices Recovering In Q2 2021

Russian Oil Companies Plan Significant Drilling Cuts For 2021

OPEC+ Will Ensure Oil Prices do not Plunge Again, Says OPEC Chief

OPEC+ to Stick with Plans to Ease Output Cuts, Says Russia's Novak

Iran Names New Opec National Representative

OPEC: Oil Demand to Decline after Plateauing in Late 2030s

Opec Sees Oil Demand Peak Around 2040

Russian Oil Production Tops OPEC+ Quota In September