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Gas

Crude Oil
Goldman Sachs Sees $105 Oil In 2023
Oil prices could hit $100 this year and rise to $105 per barrel in 2023, on the back of a “surprisingly large deficit” on the oil market now due to the much m…
Oil Field
Libyan Output at 1.2mn b/d After Western Field Restart
Libyan production has surpassed 1mn b/d, following last week's restart of four crude and condensate fields in the west of the country.
Crude Oil
China Refined A Record Amount Of Crude Oil In 2021
Crude oil processing rates in China reached a record last year
Hydrogen Project
New Mexico to Slash Greenhouse Gas Emissions with Hydrogen
New Mexico wants to cut its greenhouse gas emissions by at least 45% below 2005 levels in 2030 with the help of green hydrogen as it focuses on clean and domest…
Natural Gas
3 Key Trends Driving Natural Gas In 2022
Woodmac: Natural gas demand is likely to remain resilient in the short term
Hydrogen Project
Enbridge Gas Launches First-of-Its-Kind hydrogen-blending project in North America
Utility Enbridge Gas in partnership with technology firm Cummins has kickstarted a CAD$5.2 million hydrogen-blending pilot in Markham, Ontario in Canada.
LNG
EU’s Imports Of U.S. LNG Five Times Higher Than Russian Supply
So far this month, the European Union has received U.S. natural gas volumes five times higher than Russia’s pipeline deliveries, according to Polish outlet rp.…
Oil Price
Opec+ Quota Gap Widens
Opec+ crude production increased last month but fell short of the 400,000 b/d agreed rise in quotas, as several members struggled to keep pace.
Oil Refinery
Fire Breaks Out at Kuwait's Mina al-Ahmadi Refinery
Kuwait's state-owned refiner KNPC said a fire broke out a "short while ago" at its 346,000 b/d Mina al-Ahmadi refinery.
Crude Oil
Indian State Refiners get February Saudi Crude Requests
Indian state-controlled refiners are getting their requested term crude volumes from Saudi Arabia's state-controlled Saudi Aramco for February loading.
Geothermal Power Plant
DOE awards $8.4M for Accessing Geothermal Potential from Abandoned Oil and Gas Wells
The US DOE selected four new projects to receive up to $8.4 million to establish new geothermal energy and heat production from abandoned oil and gas wells.
Crude Oil
Tunisia's Energy Output up 33% in 2021 to 4.7mln Tonnes of Oil Equivalent
Energy deficit reached 4.1mln tonnes of oil equivalent
Crude Oil
IEA Says Oil Demand more Resilient than Expected in the Face of Omicron
Global oil demand has proven stronger than expected as the latest coronavirus variant inflicts a softer hit to the economy than anticipated.
Crude Oil
OPEC Targeting Oil Prices Below $100, Oman’s Oil Minister Says
OPEC and its allies don’t want crude prices to climb to $100 a barrel, and are reviving production quickly enough to prevent global markets from “overheating,…
CNOOC
Chinese Oil Major CNOOC Targets Record High Production This Decade
CNOOC set its production target at 600 million to 610 million barrels of oil equivalent (boe) for 2022, up from the 2021 target of 545-555 million boe

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