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Gas supply
Crude Oil
Sudan, South Sudan Reach Deal to Ramp up Oil Production to 300,000 BPD
South Sudan and Sudan have reached a deal to increase oil production from the current 170,000 barrels per day to 300,000 BPD within the next three years from 20…
Crude Oil
OPEC Sees Oil Demand Rise To 95.9 Million Bpd In 2021
Global oil demand is set to rise by 5.9 million barrels per day (bpd) in 2021 from an estimated average demand of 90 million bpd in 2020, OPEC said on Thursday
Oil & Gas Trade
China Trade War on Itself Sends LNG Prices Mad
Strong consumer demand, lower-than-expected temperatures across northeast Asia and a severe shortage of prompt LNG supplies and spot tanker availability have co…
Oil & Gas Supply
Belarus Secures Russian Oil and Gas Supplies for 2021
The details of the bilateral deal, however, do not appear to reflect any sort of compromise by both sides.
Natural Gas
Russia Doubles Pipeline Gas Contract Supplies to China
Natural gas deliveries from Russia to China through the Power of Siberia 1 pipeline have risen sharply, doubling contracted pipeline gas supplies to a rate of 1…
Natural Gas
Gazprom Starts Delivering TurkStream Gas to Bosnia, Serbia
Russian energy giant Gazprom has begun delivering natural gas to Serbia and Bosnia and Herzegovina through the TurkStream pipeline and a new route crossing Turk…
Oil Pipeline
Azerbaijan Sends First Gas Export via TAP Pipeline
Azerbaijan has started commercial natural gas supplies to Europe via the Trans-Adriatic Pipeline.
Oil Pipeline
Russia to Double Natgas Volume to China in 2021 as Cold Spell Bites
The increased volume of supply was due to a new 1,110-km pipeline extension in December that starts at Changling in northeast China's Jilin and ends at Yongqing…
Crude Oil
Novak Says Russia Backs OPEC+ 500,000 bpd Oil Output Hike from February
Russia expects to support an increase in oil production by the group, known as OPEC+, of another 500,000 barrels per day from February at next month’s summit o…
Oil&Gas Drilling
The ANH Approved the Assignment of Ecopetrol's 50% Interest to Shell
The ANH approved the assignment of Ecopetrol's 50% interest to Shell and the operation by the latter in 3 blocks off the Colombian Caribbean coast
Oil Price
China’s Wholesale LPG Prices Surge on Firm Demand
China wholesale LPG prices have surged across the country this month, bolstered by strong international prices and rising domestic demand.
Oil & Gas Supply
Turkmenistan's Lebap Region Overfulfills Its Natural Gas Production Plan
Lebap’s natural gas extraction industry began in the 1960s.
Oil & Gas Trade
China Issues 122.59 mln T in 1st Round of Oil Import Quotas
Beijing had said inThe ZPC plant last month started operations at a 200,000 barrel per day (bpd) crude processing unit.
Oil & Gas Supply
US Backs EastMed Pipeline to Supply Gas to Europe
“We are going to continue to work with Israel, Greece and other interested parties to ensure that the infrastructure will be developed,” US Secretary of Energ…
Natural Gas
Asia’s Deepest Gas Project Starts Production
First in trio of deepwater gas projects in partnership with Reliance that are expected to help meet India’s rapidly expanding energy needs.
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