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China
China's National Oil Companies Outline Early Green Energy Plans
China's top state oil and gas producers - PetroChina, Sinopec Corp and CNOOC Ltd are working on the following green initiatives.
Oil & Gas Trade
US Sanctions Chinese, UAE Firms Skirting Iran Oil Embargo
The United States on Thursday imposed sanctions against 11 Iranian, Chinese and United Arab Emirates companies accused of helping to bypass the American embargo…
Oil & Gas Trade
Russia's Gazprom Starts LPG Supplies to Crimea Via New Bridge
Russian state gas producer Gazprom has started direct rail shipments of liquefied petroleum gas (LPG) via a new bridge to the Crimea peninsula which Moscow anne…
Crude Oil
Mexico CoMexico Could Be Forced To Cut Oil Production Target For 2021
Mexico will likely cut its crude oil production targets for next year, citing a ruling party lawmaker in Mexico.
Oil Price
Canadian Oil Prices Rise On Pipeline Shutdown
The Canadian heavy oil benchmark rose on Wednesday after a pipeline carrying diluent necessary for oil sands production was shut down following a leak over the …
LNG
Cyprus Makes A Major Bet On LNG
The discovery of Cyprus’ first gas field, offshore in the Eastern Mediterranean, was reason for celebration in December 2011.
LNG
Shell Builds Fifth LNG Bunkering Station in Germany
Shell, headquartered in The Hague, has built a new liquefied natural gas refueling station in Kirchmüttek, Germany, expanding its LNG refueling network.
LNG
Global LNG Deliveries Stay Low in August
Global LNG deliveries fell on the year for the third consecutive month in August, with southern Europe and Latin America recording the sharpest drops in demand.
Crude Oil
OPEC Production Rises By 950,000 Bpd In August
OPEC produced more oil in August than it did in July as the cartel continued to relax its production cuts, a Reuters survey has revealed, with recovering demand…
Oil Pipeline
Neptune Setting up World’s Longest Heated Production Pipeline
Installation of the world’s longest heated subsea production pipeline is underway in the Norwegian sector of the North Sea.
Oil Field
Husky Energy Nearing Completion of Chinese Gas Project
Canadian oil and gas company Husky Energy is nearing the startup of the Liuhua 29-1 field at the Liwan Gas Project offshore China.
Oil Price
Goldman Expects Oil To Reach $65 Next Year
Goldman Sachs expects Brent crude to reach $65 a barrel in the third quarter of 2021, although it could end the year lower, at $58 a barrel.
Mexico
Mexico’s Oil Major Pemex Ignores Investor Calls To Curb Emissions
Mexico’s state oil firm Pemex is not planning a shift toward curbing carbon emissions or green energy.
Oil & Gas Trade
Libya Set To Export First Crude From Oil Ports Since January
Two tankers will be the first since January this year to load oil for export at the Libyan port of Brega, citing unidentified source in the know.
China
Robust Chinese Demand Fuels Oil Market Recovery
Following last week's price rally, oil prices move higher on Monday morning, on bullish demand figures coming from China.
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