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Gas
Oil Price
Oil Falls As Storm-Hit U.S. Supply Trickles Back into Market
Oil prices fell on Friday as energy companies in the U.S. Gulf of Mexico restarted production after back-to-back hurricanes in the region shut output.
Natural Gas
Brazilian Gas Availability Tops 55mn m³/d in August
Brazilian natural gas available to the market equaled 55.3mn m³/d in August, preliminary data from Brazil's oil and gas regulator ANP shows.
Angola
GECF Shines the Spotlight on Angola's Potential at Angola Oil and Gas 2021
The Gas Exporting Countries Forum, the global platform of the leading gas producing countries, participated in the 2nd edition of the Angola Oil and Gas Confere…
Power Cable
Equinor Hands DeepOcean Cable Repair Contract
Equinor has awarded DeepOcean a frame agreement contract for provision of contingency equipment and services for handling of high voltage subsea cables in both …
Hydrogen Fuel Cell
Chile Kickstarts Construction of Largest e-Fuel Project in LatAm
Chile on Friday commenced in its southern region of Magallanes the construction of the largest project in Latin America to produce synthetic gasoline from green…
Crude Oil
US Gulf operators restore 70pc of Ida-halted oil output
US Gulf of Mexico offshore producers have brought back about 70pc of the oil output that was halted due to Hurricane Ida.
Brazil
Brazil Clears GNA's LNG Powerplant to Start up
Brazilian regulators cleared an LNG-fired powerplant owned by Brazil's gas and power group Gás Natural Açu to start generating power on 16 September.
Energy-Eficient Building
Connecticut Losing Ground on Building Emissions Despite Efficiency Programs
Climate activists say the state’s progress on reducing building emissions has been far too slow given the pace of the climate crisis, and that it needs to end …
Market Analysis
IEA Cuts Forecast for India's 2021 Oil Product Demand
The IEA has lowered its 2021 oil products demand growth estimates for India, with notable cuts to its forecasts for diesel and jet fuel consumption.
Crude Oil
Brent Nears $74 Amid Slow Return of US Oil Output
Brent crude neared $74 per barrel on Monday as it gained 31 cents or 0.42 cents to trade at $73.82 per barrel at the market, while the US West Texas Intermediat…
Energy Investment
Algeria Aims for $2.6 billion Increase in Energy Investment Next Year
OPEC member Algeria plans to increase investment in its oil and gas sector by $2.6 billion next year to boost production by 8.9 million tonnes of oil equivalent
Oil Pipeline
Germany has Four Months to Certify Nord Stream 2 Pipeline
Russian gas group Gazprom last week said it had finished construction of the pipeline to Germany, which could allow Russia to double gas exports to Europe via t…
LNG
China's Sinopec Completes Its First LNG Bunkering Operation
The bunkering, or marine refuelling, operation transferred 250 tonnes of LNG by truck to a China Merchant Shipping vessel
Natural Gas
U.S. Gas Production Set for Big Increase in 2022 on High Prices
As a result, futures prices for deliveries at Louisiana's Henry Hub in January 2023 are currently trading around $1.15 per million British thermal units below p…
LNG
Petrobras Signs Landmark Gas Supply Deal with Gerdau
Brazil's state-controlled Petrobras signed a natural gas supply agreement with steel producer Gerdau in a debut of its more flexible pricing model designed to c…
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