Oil

Cyprus
Cyprus, Lebanon Sign MoU on Oil, Gas Cooperation
Cyprus and Lebanon signed a memorandum of understanding here on Friday on cooperation in the energy sector.
OPEC
Till World Shifts to Green Energy, Split Between Saudi and UAE Won't End
It is not geopolitical relationship that will cause the two countries to part, but diverging perceptions of energy transition.
Crude Oil
VLCC Owners Stand to Gain from OPEC’s Decision to Raise Crude Oil Production
Owners of the largest crude oil tankers stand to gain from the recent OPEC’s decision to increase production.
Oil & Gas Trade
Israel Freezes UAE Oil Deal Over Environmental Concerns
The environmental protection ministry says the risk assessment ‘did not meet the conditions’ stipulated by the ministry.
Oil & Gas Trade
Iraq to Sell Lebanon 1 mil mt/year of Heavy Fuel Oil in Barter Deal
Iraq has agreed to sell Lebanon 1 million mt/year of heavy fuel oil in return for "goods and services" in a barter deal that should help OPEC's second-biggest p…
Energy Investment
Honduras Spends 52% more on Oil Imports in First 5 Months 2021
he increase in the oil bill in the first five months of 2021 is due to the rise in the international price of oil, influenced by the reactivation of the economi…
Oil Field
Iraq Approves Four Planned TotalEnergies Projects
Iraq's government has signed off on four major energy projects planned by TotalEnergies, cabinet spokesman
LNG Carrier
KSOE Receives Orders for Seven LNG Carriers
South Korean shipbuilder Korean Shipbuilding and Offshore Engineering has secured building orders for seven new LNG carriers.
Hydrogen Project
Dutch Green Hydrogen Pilot Secures Government Backing
PosHYdon will involve the installation of a 1MW electrolyser on an oil and gas platform off Scheveningen
Natural Gas
Shell Cheers First Gas from Trinidad and Tobago Gas project
Oil major Shell has started production from Block 5C in the East Coast Marine Area, also known as project Barracuda, located in Trinidad and Tobago, marking a m…
Oil Field
CNOOC Brings Online Another Oilfield off China
Chinese oil and gas giant CNOOC Limited has started production from its Luda 29-1 oilfield, which is located offshore China.
Crude Oil
Iran Opens New Oil Terminal in Bid to Bypass Crucial Strait of Hormuz for Exports
Iran on Thursday opened its first oil terminal in the Gulf of Oman, a move aimed at making Iranian President Hassan Rouhani’s regime less dependent on the Stra…
Oil & Gas Trade
Italian LNG Imports Fall on Quick Algerian Piped Supply
Italy's LNG receipts have fallen sharply since the start of the 2020-21 gas year, displaced by brisk Algerian pipeline take.
Vietnam
Renewed Lockdown to Limit Vietnam's Gasoline Demand
Net importer Vietnam's gasoline demand is expected to take another hit as part of the country returns to a lockdown with rising Covid-19 cases.
Crude Oil
Russia Weighs Gasoline Export Ban
Russia is ready to introduce a ban on gasoline exports as soon as next week amid record-high wholesale prices on the exchange.

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Oil

Cyprus, Lebanon Sign MoU on Oil, Gas Cooperation

Till World Shifts to Green Energy, Split Between Saudi and UAE Won't End

VLCC Owners Stand to Gain from OPEC’s Decision to Raise Crude Oil Production

Israel Freezes UAE Oil Deal Over Environmental Concerns

Iraq to Sell Lebanon 1 mil mt/year of Heavy Fuel Oil in Barter Deal

Honduras Spends 52% more on Oil Imports in First 5 Months 2021

Iraq Approves Four Planned TotalEnergies Projects

KSOE Receives Orders for Seven LNG Carriers

Dutch Green Hydrogen Pilot Secures Government Backing

Shell Cheers First Gas from Trinidad and Tobago Gas project

CNOOC Brings Online Another Oilfield off China

Iran Opens New Oil Terminal in Bid to Bypass Crucial Strait of Hormuz for Exports

Italian LNG Imports Fall on Quick Algerian Piped Supply

Renewed Lockdown to Limit Vietnam's Gasoline Demand

Russia Weighs Gasoline Export Ban