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Oil
Natural Gas
Gazprom Starts Delivering TurkStream Gas to Bosnia, Serbia
Russian energy giant Gazprom has begun delivering natural gas to Serbia and Bosnia and Herzegovina through the TurkStream pipeline and a new route crossing Turk…
Oil Pipeline
Azerbaijan Sends First Gas Export via TAP Pipeline
Azerbaijan has started commercial natural gas supplies to Europe via the Trans-Adriatic Pipeline.
Crude Oil
Oil Prices Touch Multi-Month Highs as OPEC+ Expected to Hold Output
Oil prices touched multi-month highs on Monday on expectations that OPEC and allied producers may cap output at current levels in February as the coronavirus pa…
Oil Pipeline
Russia to Double Natgas Volume to China in 2021 as Cold Spell Bites
The increased volume of supply was due to a new 1,110-km pipeline extension in December that starts at Changling in northeast China's Jilin and ends at Yongqing…
Crude Oil
Cambodia Prepares To Produce Its First Oil
As Asian oil demand looks set to increase over the next decade, Cambodia is taking advantage of the opportunity with its first crude oil production.
Crude Oil
Adnoc Distribution to Buy 15 Service Stations in Saudi Arabia for $10m
The company aims to “significantly” increase its presence in kingdom and become a top fuel retailer by 2025.
Oil & Gas Trade
Egypt Signs 9 Exploration Deals Worth $1bn with Energy Companies
Awards cover exploration along the eastern and western Mediterranean as well as the Red Sea
Oil & Gas Trade
Iraq Confirms $2bn Oil Prepayment Agreement with Chinese Firm
The Chinese firm will pay for a full year's worth of crude prior to loading shipments
Market Analysis
Wood Mackenzie’s Top Ten Predictions for Energy in 2021
Wood Mackenzie analysts on what we should expect in energy in the coming year, from oil markets to solar costs and coal exports to EVs.
Oil & Gas Trade
New Year OPEC+ Meeting to Decide Oil Production Levels
The OPEC+ ministerial meeting comes after oil consumption tanked in 2020 due to the Covid-19 pandemic and a price war between Saudi Arabia and Russia.
Oil & Gas Trade
ExxonMobil and Vopak Sign MoU for South Africa’s LNG Feasibility
Affiliates of Exxon Mobil Corporation and Royal Vopak (Vopak) have signed a Memorandum of Understanding to work together on a feasibility study to assess the co…
Oil & Gas Trade
Iran To Buy Covid Vaccines With Income From Gas Exports To Iraq
Iran will use part of the proceeds from its electricity and natural gas exports to Iraq to buy COVID-19 vaccines from Europe.
Oil Pipeline
Russia Accelerates Nord Stream 2 Project to Beat U.S. Sanctions
Russia is stepping up work on the Nord Stream 2 pipeline before the U.S. tightens sanctions against the controversial project designed to feed more natural gas …
Crude Oil
Cambodia Starts First Crude Oil Production After Years of Delays
Cambodia has begun extracting its first crude oil from fields in the Gulf of Thailand, in a venture between Singapore’s KrisEnergy Ltd and the government, both…
Oil Price
Oil Jumps On Significant Crude Inventory Draw
Crude oil prices rose further today after the Energy Information Administration reported an oil inventory draw of 6.1 million barrels for the week to December 2…
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