Oil

Energy Transition
The UK Ends Support For Overseas Oil & Gas Projects
The United Kingdom will end direct government support to oil, gas, and coal project overseas as soon as possible, as part of the country’s ambition to support …
Natural Gas
CNPC Built Atmospheric Area of 30 billion Cubic Meters in Southwest China
The first 30 billion atmospheric zone in Southwest China was officially completed.
Oil Field
CNOOC Starts Infill Campaign in South China Sea
Chinese oil and gas company CNOOC Limited has started drilling operations on two infill wells located on the Weizhou 6-12 fields in the Beibu Gulf offshore Chin…
Oil Pipeline
Second Russian Pipelayer Arrives at Nord Stream 2 Construction Site
A Russian pipe-laying vessel Fortuna has arrived at the construction site of the Nord Stream 2 gas pipeline in the Baltic Sea
Crude Oil
Oil Production Cuts to End in Norway on December 31st
Throughout this year, Norway imposed oil production cuts to push up oil prices, as was reported by the Petroleum and Energy Ministry of the country.
Crude Oil
OMAN: November Crude Oil Production Slightly Exceeds OPEC+ Quota
China is by far the largest importer of Omani crude.
Oil & Gas Trade
Egypt, Iraq Move Forward with Oil-for-Reconstruction Plan
The oil-for-reconstruction agreement signed between Egypt and Iraq will enter into bilateral implementation as soon as constitutional procedures are complete, E…
Oil Pipeline
Iran Controls Oil Pipeline Spillage, Fire in Southwest
A pipeline carrying crude oil to Iran’s second largest refinery ruptured and burst into flames on Sunday, but the spillage and the blaze were brought under con…
Oil&Gas Drilling
EU to Approve Sanctions Over Turkish Gas Drilling
Shying away from a threat made in October to consider wider economic measures, EU leaders will agree to punish individuals accused of planning or taking part in…
Oil Field
Karoon Offloads First Oil from Recently-Bought Baúna Field
Australian player Karoon Energy has offloaded its first shipment of over 500,000 barrels of oil from its newly acquired Baúna production field, offshore Brazil…
Oil & Gas Supply
Gladstone November LNG Exports Up
LNG exports from the three liquefaction plants located on Curtis Island off Gladstone jumped when compared to the corresponding month in 2019.
Crude Oil
Oil Hits $50 On Vaccine Rollout
Brent Crude hit $50 a barrel on Thursday morning for the first time since oil prices crashed in early March, as hopes of swifter-than-thought vaccine rollout fu…
Crude Oil
US Energy Agency Revises up Oil Price Forecast
Brent price expected to increase by 2.1%, according to Energy Info. Administration's Short-Term Energy Outlook for December
Oil Shale
Global Shale Industry on a Recovery Path After 8.1% Production Decline in 2020, Says GlobalData
Global shale production has taken a drastic hit in 2020, where shale oil is expected to drop by 11.7% year-on-year and shale gas production may see a 4.5% fall,…
Net Zero Emission
New York Pension Fund Pledges Net-Zero Emissions by 2040
The fund also said it may divest from the riskiest oil and gas companies by 2025.

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Oil

The UK Ends Support For Overseas Oil & Gas Projects

CNPC Built Atmospheric Area of 30 billion Cubic Meters in Southwest China

CNOOC Starts Infill Campaign in South China Sea

Second Russian Pipelayer Arrives at Nord Stream 2 Construction Site

Oil Production Cuts to End in Norway on December 31st

OMAN: November Crude Oil Production Slightly Exceeds OPEC+ Quota

Egypt, Iraq Move Forward with Oil-for-Reconstruction Plan

Iran Controls Oil Pipeline Spillage, Fire in Southwest

EU to Approve Sanctions Over Turkish Gas Drilling

Karoon Offloads First Oil from Recently-Bought Baúna Field

Gladstone November LNG Exports Up

Oil Hits $50 On Vaccine Rollout

US Energy Agency Revises up Oil Price Forecast

Global Shale Industry on a Recovery Path After 8.1% Production Decline in 2020, Says GlobalData

New York Pension Fund Pledges Net-Zero Emissions by 2040