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Oil Price
ConocoPhillips Becomes First Major U.S. Oil Firm To Pledge Emission Cuts
Unlike European oil majors – who have rushed to pledge various commitments to become net-zero energy companies – U.S. companies, including Exxon and Chevron, …
Coal-Fired Power Plants
Indonesia: Civil Construction of 2×350MW Coal-Fired Power Station Started Smoothly
The civil construction of the Indonesian 2×350MW coal-fired power station overseas general contract project jointly undertaken by Northwest Thermal Power and S…
Market Analysis
ConocoPhillips Sees Global Oil Demand Returning, Executive Says
U.S. oil producer ConocoPhillips COP.N sees global demand returning to 100 million barrels per day and growing from there, with oil an "important part of the en…
Crude Oil
Libya Eyes 260,000 b/d as Opec+ Keeps Watch: Update
Libya's state-owned NOC said it expects the country's oil production to reach 260,000 b/d next week as onshore fields that have been shut in for several months …
Solar Company
GCL-Poly Breaks Ground on New Polysilicon Facility
Polysilicon producer GCL-Poly has started construction on the first phase of a new 54,000 MT polysilicon production facility.
Crude Oil
COVID-19 Forces Libyan Oil Companies To Halt Operations
Two of Libya’s National Oil Company affiliates on Monday sent some oil workers home and halted some work due to the spread of Covid-19, according to a NOC stat…
United States
ConocoPhillips Pulls Request for Extension of Flaring Permits at 41 Texas Sites
U.S. oil and gas producer ConocoPhillips withdrew a request to extend flaring permits at 41 of its sites in West Texas.
Libya
Libya Suffers over $8 Billion Losses in Blockaded Oil Production
Libya has suffered over $8 billion in losses as a result of the oil blockade and the closure of oil wells by Khalifa Haftar’s forces in the past 200 days, the …
CNOOC
Chinese Offshore Oil and Gas Company Joins ADNOC’s Concessions
ADNOC has entered into an agreement for the transfer of rights in its Lower Zakum and Umm Shaif and Nasr offshore concessions from the China National Petroleum …
Coal Trade
Mine Expansion Threatens German Villages Despite Coal Exit
Lost in the countryside of western Germany, the innocuously named L277 road has become a central battleground in a bitter fight over the country’s plan to ditc…
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.
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
UAE's Adnoc Rolls Over Crude Nomination Cuts in August
Abu Dhabi's state-owned Adnoc will continue to apply 5pc cuts to client nominations for August-loading volumes of the company's four main grades.
Oil Pipeline
UAE: Snam with Consortium Acquires 49% Of ADNOC Gas Pipelines
This is an important investment opportunity in a strategic energy infrastructure, for the consortium, of which Snam is the only industrial operator.
Oil Pipeline
UAE Oil Major Signs A $20 Billion Gas Deal
UAE’s ADNOC today announced a $20.7-billion deal with six international companies for the acquisition of a minority stake in Adnoc Gas Pipeline Assets.
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