Oil

Crude Oil
Venezuela Prepares To Boost Oil Production With Iranian Help
Venezuela is preparing to ramp up its crude oil production using diluents imported from Iran, citing unnamed sources and company documents.
Crude Oil
World’s No.1 Oil Trader Sees Crude Inventories Shrinking This Year
Vitol Group, the world’s largest independent oil trader, expects global oil inventories to continue drawing down for the rest of the year, unlike its rivals an…
Oil&Gas Drilling
Eni Hits New Gas Discovery Offshore Egypt
Eni has made a new gas discovery in the Great Nooros Area, located in the Abu Madi West Development Lease, in the conventional waters of the Nile Delta, offshor…
LNG
Hyundai Samho Delivers World's First LNG-Powered Very Large Container Ship
It had delivered the world's first very large container ship powered by liquefied natural gas to Singapore's Eastern Pacific Shipping Pte Ltd.
LNG
Germany Offered to Build LNG Terminals to Avert US Pipeline Sanctions
Berlin offered to spend 1 billion euros to build two liquid natural gas terminals in a bid to dissuade the United States from imposing sanctions over the Nord S…
Energy Transition
BP to Support Microsoft in Meeting 2025 ‎Renewable Energy Targets
British oil and gas company BP has agreed to supply Microsoft with renewable energy to help meet the tech giant’s 2025 ‎renewable energy goals.
Kuwait Oil & Gas Show and Conference
The KOGS exhibition is a unique business platform showcasing services, products and expertise to over 6,000 oil & gas energy professionals across the value chai…
Crude Oil
EIA: OPEC+ Crude Oil Production Increased in August
Both OPEC and non-OPEC partner countries increased their crude oil production in August.
Crude Oil
China’s August Crude Runs Hold at 14mn b/d
China's crude throughputs held largely steady near record highs in August, keeping pressure on refiners to manage high product inventories.
Oman
This Small Nation Is Building The World’s Next Major Energy Hub
It has long focussed on building a presence in the higher-value petrochemicals industry.
Oil & Gas Trade
Bangladesh: Meghna Petroleum Signs Agreements For LPG Expansion
Meghna Petroleum, the state-run energy company, as part of its business expansion by selling LPG, has signed agreements with four non-listed companies–Beximco …
LNG
SCF Takes Delivery of Shell-Chartered LNG Newbuild
Russian shipping major Sovcomflot has taken delivery of a newly built LNG carrier from the South Korean Hyundai Samho Heavy Industries shipyard.
Offshore Wind Power
China's CNOOC Launches First Offshore Wind Power Plant
China's offshore oil and gas major CNOOC Ltd announced on Tuesday that its first offshore wind power project has connected to the grid and begun to generate pow…
Oil Field
China's First Large-Scale Heavy Oil Thermal Recovery Development Platform Started Operation
This move fills the technical gap of large-scale thermal recovery of heavy oil in China's offshore fields.
Oil Price
OPEC Cuts Oil Demand Forecast For 2020, Again
OPEC revised down by another 400,000 bpd its forecast for global oil demand this year, expecting consumption to shrink by 9.5 million bpd over 2019.

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Oil

Venezuela Prepares To Boost Oil Production With Iranian Help

World’s No.1 Oil Trader Sees Crude Inventories Shrinking This Year

Eni Hits New Gas Discovery Offshore Egypt

Hyundai Samho Delivers World's First LNG-Powered Very Large Container Ship

Germany Offered to Build LNG Terminals to Avert US Pipeline Sanctions

BP to Support Microsoft in Meeting 2025 ‎Renewable Energy Targets

Kuwait Oil & Gas Show and Conference

EIA: OPEC+ Crude Oil Production Increased in August

China’s August Crude Runs Hold at 14mn b/d

This Small Nation Is Building The World’s Next Major Energy Hub

Bangladesh: Meghna Petroleum Signs Agreements For LPG Expansion

SCF Takes Delivery of Shell-Chartered LNG Newbuild

China's CNOOC Launches First Offshore Wind Power Plant

China's First Large-Scale Heavy Oil Thermal Recovery Development Platform Started Operation

OPEC Cuts Oil Demand Forecast For 2020, Again