Oil

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.

Oil and Gas Equipment

Oxford Flow ES Axial Flow Valve Achieves Oil and Gas Fugitive Emissions Breakthrough

It is notable that most valve manufacturers test in Class B, which allows 10x more leakage than Class A.

LNG Carrier

Korea Tops Global Shipbuilding Order Intake Rankings for Five Consecutive Months

By landing more than 60 percent of the world's new shipbuilding orders in November, Korea came in first in the order standings for the fifth straight month in N…

Oil & Gas Trade

Video: Kenya Now Exporting Oil to Uganda Through World Class Kisumu Port

The Mv-Uhuru Wagon Ferry was refurbished after 13 years of inactivity and is now transporting petroleum products from the Kisumu Port to Uganda, having made 27 …

LNG

Qatar Set To Significantly Boost Energy Investments In India

Major energy importer India and one of the world’s top liquefied natural gas exporters, Qatar, agreed on Tuesday to create a special task force to explore and …

Energy Technology

Tüpras Selects Honeywell Technology

UOP provided the basic engineering, catalysts and technical services for the project.

Oil&Gas Drilling

Equinor Drills Dry Well Near Tordis Field

Norwegian oil major Equinor has drilled a dry well near the Tordis field in the North Sea offshore Norway.

Sub Saharan African Internation Petroleum Conferences 2021

WHERE THE WHOLE OF AFRICA'S OIL AND GAS AND ENERGY INDUSTRY CONNECT, COLLABORATE AND CREATEWELCOME TO THE PETROLEUM TECHNOLOGY ASSOCIATION OF NIGERIA'S …

Oil Pipeline

U.S. Tariff on South Korean Oil Pipelines Fixed at 9.33% to 15.07%

The final tariff rate is almost three times the preliminary tariff rate.

OPEC

Next OPEC+ Ministerial Meeting Reportedly Set For January 4

Oil prices are set for a volatile start to the new year, as the next OPEC+ group meeting on production policy is expected to be set for the first trading day, J…

Oil & Gas Trade

Iran Prepares For Oil Export Boost

Iran is preparing to start expanding its crude oil exports ahead of Joe Biden's inauguration in January in a clear sign it expects better bilateral relations wi…

Crude Oil

Denmark to End Oil Production in 2050

The round failed to attract much attention, anyway, with just one applicant expressing interest after French Total withdrew.

Hydrogen Project

Equinor Joins 10GW Shell-led Offshore-Wind-to-Green-Hydrogen Project

Oil major Equinor has joined Europe’s largest green hydrogen project, NortH2, which aims to produce one million tonnes of the zero-carbon gas annually using at…