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Gas
Oil Price
Oil Down as Opec+ Prepares to Lower Output Quotas
Oil edged lower ahead of an OPEC+ meeting this week at which the group may announce plans to start tapering historic production cuts even as the coronavirus sur…
China Energy
China Sinochem's Quanzhou Petchem Project Start Delayed to Late-August
China Sinochem Group's Quanzhou 32.5 billion yuan ($4.64 billion) petrochemical expansion project is aiming to start trial operations in late August.
India's EESL Signs Deal to Initiate Trigeneration Projects
In India, state-owned agency Energy Efficiency Services Limited has partnered with gas energy company GAIL to conduct trigeneration projects.
Purchase P/F NUOVOPIGNONE Gas Turbine
Tender are invited for Purchase P/F NUOVOPIGNONE Gas Turbine
LNG
Cyprus Starts Work on First LNG Import Terminal
Cyprus has started building its first LNG import facility at Vassilikos, the nation’s largest and most expensive energy project.
LNG
GasNet Opens First Mobile LNG Station in Czech Republic
GasNet, a Czech natural gas distributor, has put into operation the first public mobile self-serve unit for liquefied natural gas on the Czech market.
LNG
Russia’s Blue Stream Gas Pipeline to Turkey Idle Since May
The Blue Stream pipeline delivering Russian gas to Turkey, due to be re-launched after maintenance in May, remains idle.
Oil & Gas Trade
Libya's NOC Blames UAE for Halt to Oil Output, Exports
Libya, with largest oil reserves in Africa, can produce 1.2 million barrels of crude oil per day.
Crude Oil
OPEC and Russia May Ease Oil Production Cuts
Saudi Arabia, the world’s largest oil exporter, and other major oil-producing countries are likely to increase their output in August.
Nuclear Power Plant
Rusatom Service, MVM Group create European Power Services JV
Rusatom Service and MVM Group have formed a joint venture in Hungary to provide service and maintenance to nuclear industry facilities, conventional sources of …
Oil & Gas Trade
China Awards More Non-State Crude Import Quotas
China has issued a third batch of non-state crude import quotas for 2020, sending the amount awarded so far this year more than 10pc above the total for 2019.
Oil Pipeline
Brazil Resumes Open Season for Gas Pipeline
Brazil's hydrocarbons regulator will resume an open season for access to the Bolivia-Brazil natural gas pipeline.
Oil & Gas Trade
BP-Sinopec Bunker Venture to Start Fuel Oil Deliveries to Fujairah
The BP and Sinopec marine fuel bunkering joint venture will start deliveries of high sulfur and low sulfur fuel oils to Fujairah next month.
Market Analysis
Will Trump's New Investment Proposal Help The Oil & Gas Industry?
The U.S. Department of Labor – which has recently proposed a rule that would limit retirement funds' investments based on environmental, social, and governance…
Oil & Gas Trade
North American Oil And Gas Companies Continue to Go Bankrupt at $40 Oil
The rash of oil and gas bankruptcies in North America is set to continue for the remainder of 2020.
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