Oil

Oil Price

Oil Prices End the Week Down As Demand’s Rebound Gets Patchy

Oil prices fell last week with spreading coronavirus cases in countries such as India tempering optimism around positive signs out of the U.S. and Europe.

Crude Oil

Nigeria’s President Restores Four Drilling Permits Revoked from China’s Addax

Nigerian President Muhammadu Buhari reversed a government decision to revoke four oil permits from a unit of China’s Sinopec.

Oil & Gas Trade

India in Talks with Guyana for Long-Term Crude Supply

India, the world's third-largest crude consumer and importer, has approached Guyana's government about a possible long-term deal to buy the South American count…

Oil Price

Qatar Petroleum Plans Debut Dollar Public Bond Sale

The world's top liquefied natural gas supplier sent banks a request for proposals for the planned debt sale in the last few weeks, the sources said, with one of…

Natural Gas

RIL, BP Announce Start of Production from Deepwater Gas Field on KG-D6

Reliance Industries Limited and bp today announced the start of production from the Satellite Cluster gas field in KG-D6 block off the east coast.

LNG

Vires Energy Obtains Nod to Proceed with LNG Hub

The Department of Energy said over the weekend it approved the application of Vires Energy Corp., controlled by A Brown Company Inc., to proceed with its propos…

Energy Investment

Oilfields Supply Center Makes $570 million Investment in King Salman Energy Park Energy Hub

Oilfields Supply Center Limited has awarded a contract to construct its OSC base in the Kingdom.

Clean Energy Transition

Amazon Inks RNG Agreement, Considers Possible Stake in Clean Energy Fuels

Clean Energy last year secured separate partnerships with BP plc and Total SE to consider expanding U.S. RNG production.

Oil Refinery

SA’s Oldest Refinery, Engen, to be Converted to a Storage Terminal

The Engen refinery in Wentworth is set to be converted into a storage terminal due to low profit margins and a challenging refining environment.

Oil & Gas Trade

Iran: Oil Exports Hit 500,000 Barrels per day

According to a Reuters statement that reveals predictions from tanker tracking firms that Iran’s crude oil exports since the beginning of the month have hit ab…

Oil Refinery

Duqm Refinery Project Marks 80% Progress

Duqm Refinery and Petrochemical Industries Company has announced that the progress in Duqm refinery project exceeded 80 per cent by end of March and increase fr…

Natural Gas

Graham: Biden Needs Natural Gas to Hit Green Energy Goals

In a letter to President Biden released Wednesday, leaders of Pennsylvania’s energy sector and its allies said Biden needs natural gas to help him reach his cl…

Malaysia

Malaysian Gas Association President to deliver GECF Gas Lecture on 26 April

The Gas Exporting Countries Forum, the global platform of the leading gas producing nations, will be hosting the next in its signature GECF Gas Lecture Series o…

Oil Field

L&T Secures Contract to Build Large Oil & Gas Supply Bases in Saudi Arabia

The company said that the project involves constructing industrial facilities of different sizes, an administration building, ancillary buildings, associated in…

Oil Refinery

PetroChina’s Jieyang Refinery Plans Start-up Next Year

Chinese state-controlled firm PetroChina's under-construction 400,000 b/d Jieyang refinery in south China's Guangdong province is targeting a start-up in the fi…