Oil

Oil & Gas Supply
Iraq Cuts Term Crude Supplies to Some European Cilents
Deliveries of Iraqi Basrah crude to Europe and the Mediterranean could drop next year after state-owned marketer Somo trimmed allocations for some of its term c…
Oil Field
BP Starts Drilling Platina Field Offshore Angola
Oil major BP has begun drilling on the Platina field in Block 18 offshore Angola using Valaris’ DS-12 drillship.
Oil&Gas Drilling
Triangle Energy Restarts Production from Cliff Head Well
Australia’s Triangle Energy has resumed production from the CH-7 well at the Cliff Head oil field following a successful workover program.
Natural Gas
India to See $66 billion Investment in Gas Infrastructure
India will see a massive $66 billion investment in the building of gas infrastructure as the government pushes for greater use of the cleaner fuel with a view t…
LNG
Eni Strikes Deals to Reopen Egypt's Damietta LNG Plant
Italian energy group Eni has struck deals with Spanish gas firm Naturgy and Egyptian partners to resolve disputes over a shuttered gas plant it part owns in nor…
Crude Oil
U.S. Briefly Became Net Petroleum Importer This Year
The United States briefly returned to being a net importer of crude oil and petroleum products in May and June this year, as U.S. crude oil and refinery output …
Oil&Gas Drilling
Nigeria’s Oil Rig Count Drops by 30% in One Month
Nigeria’s active rig count has dropped significantly by 30 per cent to seven in October 2020 as against 10 recorded in the previous month.
Oil & Gas Trade
Japan Says Reached Oil Storage Deal with Kuwait
Under the deal, KPC can use storage tanks at refiner Eneos' Kiire base in southern Japan of Kagoshima as an export base for eastern Asia.
Laos
Laos' First Petroleum Refining Project is Put into Operation
The first phase of the 3 million tons/year refining and chemical project of Laos Petrochemical Co., Ltd. was officially put into operation on the 30th.
LNG
SHI Secures LNG Carrier Order
South Korean shipbuilder Samsung Heavy Industries has received an order to build an LNG carrier, the firm's first carrier order in nearly a year.
Oil Price
OPEC Warns of ‘Immense Challenges’ as Talks on Oil Production Cuts Continue
OPEC warned on Monday that the “immense challenges” caused by the Covid-19 pandemic were likely to persist into 2021, as the group of oil producers continues …
CNOOC
Trump to Add China's SMIC and CNOOC to Defense Blacklist
The list is also part of a broader effort by Washington to target what it sees as Beijing’s efforts to enlist corporations to harness emerging civilian technol…
Biomass Power Plant
Mali Zvornik in Serbia Building Biomass Heating Plant in EUR 2.35 million Project
Two boilers of 900 kW each fueled by wood chips and a spare one on gas, with a capacity of 2.5 MW, will provide heating for the inhabitants of Mali Zvornik from…
Petronas Posts Nine-Months Loss
Malaysian energy giant Petronas posted a loss for the nine months of 2020.
Oil Price
Oil Prices Set for Weekly Gain Ahead of OPEC+ Meeting
Oil prices were mixed on Friday but remained on course for a fourth straight week of gains ahead of an OPEC+ meeting early next week.

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Oil

Iraq Cuts Term Crude Supplies to Some European Cilents

BP Starts Drilling Platina Field Offshore Angola

Triangle Energy Restarts Production from Cliff Head Well

India to See $66 billion Investment in Gas Infrastructure

Eni Strikes Deals to Reopen Egypt's Damietta LNG Plant

U.S. Briefly Became Net Petroleum Importer This Year

Nigeria’s Oil Rig Count Drops by 30% in One Month

Japan Says Reached Oil Storage Deal with Kuwait

Laos' First Petroleum Refining Project is Put into Operation

SHI Secures LNG Carrier Order

OPEC Warns of ‘Immense Challenges’ as Talks on Oil Production Cuts Continue

Trump to Add China's SMIC and CNOOC to Defense Blacklist

Mali Zvornik in Serbia Building Biomass Heating Plant in EUR 2.35 million Project

Petronas Posts Nine-Months Loss

Oil Prices Set for Weekly Gain Ahead of OPEC+ Meeting