Gas

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…

Crude Oil

IEA Says Refining Throughput Set for Quarterly Rise

Global refining throughput will increase in the last quarter of the year by more than 2 million barrels per day, the International Energy Agency said on Wednesd…

Oil & Gas Trade

China Books 12.7% Rise In Oil Imports Jan-Sept

China imported 416 million tons of crude oil during the first nine months of the year, up 12.7 percent on the year, in the latest positive sign for oil demand d…

Oil Price

Morgan Stanley Sees Oil Prices Struggling To Break Above $50

Oil prices will struggle to rise above $50 a barrel because of the technological shift in U.S. shale that has unlocked more production in recent years, and beca…

Oil Field

Gazprom Makes ‘Substantial’ Gas Find in Kara Sea

Russian energy giant Gazprom has found another gas deposit at the Leningradskoye field in the Kara Sea which is part of the Yamal gas production centre.

United Kingdom

Carmaker Lotus Signs Green Energy Deal with British Gas

British carmaker Lotus and British Gas Business have embarked on a new green electricity deal.

Oil Price

Oil Refining Companies Hit by Triple Whammy

South Korean oil refining companies face a triple whammy.

Biobattery

Ontario Welcomes Construction of Large RNG Project

Ontario will soon be home to a new renewable natural gas facility, which will create local jobs and stimulate regional economic development, while reducing gree…

Market Analysis

IEA: Natural Gas Demand To See Largest Drop Ever In 2020

Despite some uptick in consumption in recent months, the world’s demand for natural gas is still set to see its biggest drop on record in 2020.

Market Analysis

Goldman Sachs: Biden Win Is Bullish For Oil

A Joe Biden win at next month’s U.S. elections will likely be an upward catalyst for oil prices because it will increase costs for the shale patch and will lik…

Oil Price

The Next Couple Of Months Are Crucial For U.S. Oil

The U.S. oil industry faces a bumpy road to recovery from the steepest slump in oil demand in history.

Oil&Gas Drilling

Hibiscus Petroleum Buys into 3D Oil License off Australia

Malaysia’s Hibiscus Petroleum has completed its 50 per cent acquisition of interest in the exploration permit VIC/P74 offshore Australia from 3D Oil.

Energy Saving

Energy Efficiency Post Covid-19

Energy efficiency can improve the economic competitiveness of countries and businesses, as well as reducing greenhouse gas emissions and improving the quality o…

Crude Oil

Libya to Resume Oil Production at Largest Field Amid Talks

Libya's prized, light crude has long featured in the North African country's civil war with rival militias and foreign powers jostling for control of Africa's l…

Oil Field

BP Starts Oman's Giant Ghazeer Gas Field

BP started production at Oman's giant Ghazeer natural gas field in Oman which is set to underpin the company's oil and gas output for years even as it shifts to…