Gas

Oil & Gas Supply

Gulf Of Mexico Shut-In Production Rises To 1.7 Million Bpd

The amount of shut-in oil production in the Gulf of Mexico rose by 240,000 bpd between Wednesday and Thursday, to over 1.7 million bpd, the Bureau of Safety and…

Oil & Gas Trade

India’s ONGC May Buy Stake In Rosneft’s Massive Arctic Oil Project

A consortium of Indian energy companies—including state major ONGC—is in early talks with Rosneft for the acquisition of a stake in the Russian state company…

Oil & Gas Trade

Abu Dhabi’s Taqa Looks to Sell UK, Dutch Oil and Gas Assets

Abu Dhabi National Energy Co. has begun a process to sell its oil and gas assets in the Netherlands and the UK, according to documents seen by Bloomberg.

Oil&Gas Drilling

Democrats Close in on Drilling, Mining Bans for Biden’s $3.5T Infrastructure Scheme

Legislation to block oil drilling in most U.S. waters and Alaska’s Arctic National Wildlife Refuge edged closer to passage Thursday

Wind Farm

Statkraft Signs 10-year Wind Power Agreement with Neste in Finland

Statkraft and industrial company Neste have signed a 10-year power purchase agreement enabling the Finnish company to reduce greenhouse gas emissions with power…

Crude Oil

Russia’s Oil Production To Drop By Just 1% This Year

Russia’s oil production this year is expected to be 1 percent lower compared to 2020, in view of the OPEC+ agreement.

Crude Oil

China’s CNPC Looks To Revive Oil Projects In Venezuela

The China National Petroleum Corporation is preparing to return to Venezuela after the Maduro government finalizes legislation seeking to attract more foreign c…

Oil Exploration

Shell Takes Operatorship in Blocks off South Africa

Impact Oil & Gas entered into the agreement with Shell for the farm-out of the South African exploration right back in November 2020.

Crude Oil

Oil Rises After Opec+ Agrees to more Supply

Group's joint ministerial monitoring committee expects a surplus of 2.5 million bpd in 2022

Gas turbine engine

GE Completes Modernisation of Thessaloniki Power Plant in Greece

GE has completed the modernization of Greek energy company Elpedison’s Thessaloniki power plant.

Hydrogen Project

Experimenting Hydrogen Injection and Power to Gas Technology

In Sardinia, Italgas is developing the first end-to-end green hydrogen project in Italy, aimed at testing the entire hydrogen value chain.

OPEC

OPEC+ Ignores Biden, Keeps Output Plans Unchanged

The September meeting of OPEC+ today wasn’t expected to erupt in vehement disagreements.

Oil Exploration

Israel Stops Onshore Oil Exploration Permits

Israel will no longer issue onshore oil exploration permits, Energy Minister Karine Elharrar said this week

Market Analysis

Iraqi Crude Exports up 5pc in August

Iraqi crude exports marketed by state-owned Somo increased by 5pc on the month to 3.05mn b/d in August.

Oil Refinery

Iraq on Track for Karbala Refinery Start-up Next Year

Iraq is testing power generation systems at its new 140,000 b/d Karbala refinery ahead of start-up next year.