Oil

Crude Oil

Nigeria Hopeful Opec+ will Grant Baseline Change

Nigeria remains hopeful that the Opec+ group will grant its latest request to raise the baseline from which its crude output quotas are calculated, despite prev…

Oil Field

Sinopec Gas Field Announces Big Production Numbers

As the world's first large gas field with buried depth of more than 7,000 meters and a high-sulfur content reef, the gas field is ultra-deep, high temperature, …

Oil & Gas Trade

China's Oil Consumption Seen Peaking Around 2026, Sinopec Exec Says

Natural gas will become China's top fossil fuel resource around 2050

Oil Pipeline

US, Several EU States Continue to Oppose Nord Stream 2

Lavrov explained that Germany is actively involved in the project and has confirmed its commitment to it.

Geothermal Power Plant

Rystad Energy: Geothermal Power on the Rise

Additional interest in geothermal may be generated by the repurposing of existing oil and gas infrastructure as well as the extraction of lithium.

Natural Gas

China’s Gas Consumption Growth Potential “Stunning”

China’s natural gas consumption is growing faster than any other country in the Asia-Pacific, a Russian gas CEO said on Friday.

Oil Price

Oil Falls As Storm-Hit U.S. Supply Trickles Back into Market

Oil prices fell on Friday as energy companies in the U.S. Gulf of Mexico restarted production after back-to-back hurricanes in the region shut output.

UAE-UK Ink New Energy Partnership

Abu Dhabi National Oil Company, bp and Masdar announced the signing of strategic framework agreements to expand upon the UAE and UK’s longstanding track record…

Natural Gas

Brazilian Gas Availability Tops 55mn m³/d in August

Brazilian natural gas available to the market equaled 55.3mn m³/d in August, preliminary data from Brazil's oil and gas regulator ANP shows.

OFFICIAL LAUNCH CEREMONY | 3RD ECOWAS FORUM AND EXHIBITION ON THE MINING AND OIL SECTORS

Niger's economy is developing rapidly as GDP growth was estimated at 6.2% in 2019 and is expected to increase to 6.5% in 2021.

Angola

GECF Shines the Spotlight on Angola's Potential at Angola Oil and Gas 2021

The Gas Exporting Countries Forum, the global platform of the leading gas producing countries, participated in the 2nd edition of the Angola Oil and Gas Confere…

Power Cable

Equinor Hands DeepOcean Cable Repair Contract

Equinor has awarded DeepOcean a frame agreement contract for provision of contingency equipment and services for handling of high voltage subsea cables in both …

Crude Oil

US Gulf operators restore 70pc of Ida-halted oil output

US Gulf of Mexico offshore producers have brought back about 70pc of the oil output that was halted due to Hurricane Ida.

Nuclear Power Plant

Regulator Approves Restart of Shimane 2

The utility must still obtain local consent before the 789 MWe boiling water reactor can be restarted.

Market Analysis

IEA Cuts Forecast for India's 2021 Oil Product Demand

The IEA has lowered its 2021 oil products demand growth estimates for India, with notable cuts to its forecasts for diesel and jet fuel consumption.