Oil

Oil & Gas Trade

India's Petronet Aims to Extend Long-Term LNG Buy Deal with Qatar

Petronet has a deal to buy 7.5 million tonnes per year of LNG from Qatar under a long-term deal expiring in 2028

Crude Oil

EXCLUSIVE Brazil's Lower-Carbon Oil Projects can Lure Majors, Lift Sales -Official

Rising calls to cut carbon emissions and to reduce global warming could generate more offshore partnerships and increase the output of cleaner oil for Brazil

Oil Field

Islamic State Attacks Iraqi Oil Field

An attack with an explosive device on an oil field in the northern Iraqi region of Kirkuk was blamed on Islamic State militants

Oil Field

Video: Mega Oilfield in Xinjiang Increases Output

​A mega oilfield in China's Xinjiang has increased output.

Crude Oil

Iran Oil Output Falls To 40-year Low In 2020

Iran’s crude oil production fell to the lowest in 40 years, according to an updated analysis by the U.S. Energy Information Administration.

Crude Oil

First New Oil Sands Pipeline in Years may Start Exports to U.S. Next Month

A key pipeline linking Canada’s oil sands to U.S. markets could start shipping crude as early as next month.

Solar Power Plant

Saudi Aramco Joins Local 1.5 GW Solar Project with a 30% Stake in Renewables Push

Saudi Aramco is investing, alongside the country's sovereign wealth fund and Riyadh-based ACWA Power, in the oil exporter's largest solar project with a capacit…

United Kingdom

Scotland’s First Minister Calls on UK to “Reconsider” Oil and Gas Permits

Scotland’s First Minister Nicola Sturgeon called on the UK government to reconsider oil and gas licenses, just days after a United Nations panel warned of dire…

Oil Field

POSCO International to Explore Gas Field in Malaysia

POSCO International will explore an offshore gas field in Malaysia to create a second success story following its jackpot in Myanmar.

Crude Oil

Opec Lifts Oil Supply Forecast, Demand Unchanged

Opec has kept its global oil demand growth projections for 2021-22 unchanged but it has lifted its forecast for supply on the back of rising Opec+ quotas.

Energy Security

Oil Spill in Black Sea Much Bigger than Reported - Russian Scientists

A leak occurred as the Greek-flagged Minerva Symphony tanker took on oil at the Yuzhno-Ozereyevka sea terminal near Novorossiysk in southern Russia, the Caspian…

Guyana

Guyana Creating New Authority for Oil Sector

The petroleum commission will also insulate the sector "from undue political interference" and remove responsibilities from government ministers

LNG

Russia Pipeline Supplies 10 bln Cubic Meters of Natural Gas to China

China has imported over 10 billion cubic meters of natural gas via the China-Russia east-route natural gas pipeline since its operation in 2019.

LNG

CCCC Wins Major Contractor Gig for Kamchatka LNG

Russian federal seaports agency Rosmorport has awarded China Communications Construction Company a contract to build Novatek’s Kamchatka LNG terminal in Bechev…

Oil & Gas Trade

Russian Novatek Expands Its LNG Supply to Vietnam

Russia’s largest independent natural gas producer Novatek has established its representative office in Hanoi to supply LNG to the Vietnamese market.