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Oil
Crude Oil
Iraq Raises Crude Oil Exports In January
Iraq’s oil exports increased slightly in January 2021 compared to December 2020, data from the country’s oil ministry showed on Monday, suggesting that Iraq i…
Crude Oil
Belarus to Raise Export Duties on Oil
Belarus will raise export duties on oil and oil products for destinations outside the Eurasian Economic Union, on Feb. 1, 2021, the government said in a stateme…
Oil Exploration
Exxon and Chevron CEOs Discussed Potential Merger
Talks were "preliminary" and are not ongoing, but could be rekindled later.
Oil Field
Military Seizes Power in Resource-Rich Burma
The elected leaders of Myanmar have been arrested by the military, sending the resource-rich southeast Asian nation into a fresh political crisis.
Oil Field
Petrobras Inks Deals for Sale of Shallow-Water Fields
Brazilian oil and gas giant Petrobras is selling its whole interest in two shallow-water fields located in the Espírito Santo Basin offshore Brazil.
LNG Carrier
Demand for Safe Eco-friendly Fuels Rising, LPG-Propelled Ships Expected to Be Built
The Ministry of Oceans and Fisheries announced on Jan. 31 that it approved the Korean Register of Shipping’s vessel inspection regulations regarding LPG-propel…
Crude Oil
Occidental Delivers World First Carbon-Neutral Oil
A unit of U.S. Occidental said this week it had delivered the world’s first shipment of carbon-neutral oil, or oil where emissions associated with the entire c…
Natural Gas
Energean Could Push Back First Gas from Karish to 2022
Oil and gas company Energean has informed that first gas from its Israeli fields could start flowing in the first quarter of 2022, instead of the current target…
LNG
Delta Offshore Energy Signs PPA for Vietnam Project
The plant is expected to be fully operational by 2024.
Net Zero Emission
Japan Energy Firm Inpex Sets 2050 net Zero Emission Goal
The move comes after Japanese Prime Minister Yoshihide Suga pledged to make Japan carbon-neutral by 2050 and with global oil and gas companies shifting away fro…
Oil Exploration
Colombia Aims to Sign 15 Oil Exploration Contracts in 2021
Colombia aims to sign 15 oil exploration contracts in 2021, Mines and Energy Minister Diego Mesa said on Wednesday, while setting the country's crude production…
Offshore Wind Power
Croatian Oil & Gas Company Eyeing Offshore Wind in the Adriatic Sea
Croatian oil and gas company INA-INDUSTRIJA NAFTE, d.d. plans to diversify into renewable energy and is specifically considering offshore wind and solar energy …
Oil Field
Chevron Pipeline Project Joins Egypt & Israel
With its aim to develop Israel’s natural gas fields, Chevron Corporation together with other energy companies is planning to make an investment of approximatel…
Oil Price
OPEC Withheld 1.3 Billion Barrels Of Oil To Prop Up Prices
The Organization of Petroleum Exporting Countries withheld some 1.3 billion barrels of oil supply last year to keep prices from falling even further, the secret…
DNV Merges Oil & Gas and Renewables Arms into New Energy Business
Assurance and risk management company DNV GL is to combine its current Oil & Gas and Power & Renewables businesses into one new arm called Energy Systems.
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