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Oil
Saudi Arabia
MENA Fund to Increase Saudi Investments with Eye to Recovery
Middle Eastern fund managers plan to increase investments in Saudi Arabia in the current quarter, betting on the kingdom’s ability to bounce back from the coro…
Project management for the construction of a boiler room and an urban heating network
Contract notice: project management for the construction of a boiler room and an urban heating network in the monplaisir sector in angers (49)
Oil&Gas Drilling
Aral to Build more than 100 350kW Ultra-Fast Charging Points at Retail Sites in Germany
Following a successful 12-month pilot project at five of its retail sites, Aral, bp’s market leading fuel retail brand in Germany.
Oil Pipeline
China Starts Building Southern Part of China-Russia East Gas Pipeline
Construction has started on the southern portion of the China-Russia East natural gas pipeline, which carries supplies from the Power of Siberia system in Russi…
LNG
Consortium-Led LNG to Power Project in Myanmar Gets Approval
A consortium of Marubeni, Sumitomo, Mitsui, and Eden Group has received a notice to proceed with an LNG power plant in Myanmar.
Oil & Gas Trade
Jet Fuel Crisis Will Hurt Oil Demand For Years To Come
A full recovery in jet fuel demand will probably have to wait until 2023, Bank of America (BofA) said in a recent commodities research report cited by The Natio…
United States
Another Permian Oil Producer Files For Bankruptcy
Permian oil producer Rosehill Resources said on Monday that it had filed for bankruptcy protection, becoming the latest shale casualty of the collapse in oil pr…
Norway
How One Oil Major Excelled As Prices Crashed
When oil prices plunged to historic lows in April, the majority of oil producers, including OPEC+ nations, responded by drastically cutting production to get ri…
Oil Price
Oil steady as U.S. Stimulus Hopes Counter Demand Concerns
Oil prices were steady on Tuesday as hopes for additional U.S. measures to stimulate the economy countered a demand outlook dampened by rising of coronavirus ca…
Oil & Gas Trade
In the First Half of 2020, Uzbekistan's Natural Gas Production Fell by 17.1%
The National Statistics Committee of Uzbekistan said on Monday that from January to June this year.
Oil&Gas Drilling
Eni Confirms Gas Potential in Discovery Offshore Vietnam
Italian oil and gas company Eni has discovered a significant hydrocarbon accumulation on the Ken Bau discovery located in Block 114, Song Hong Basin, offshore V…
CNOOC
Chinese Offshore Oil and Gas Company Joins ADNOC’s Concessions
ADNOC has entered into an agreement for the transfer of rights in its Lower Zakum and Umm Shaif and Nasr offshore concessions from the China National Petroleum …
Oil Pipeline
Pipeline Blast Halts Gas Flows from Bulgaria to Greece
An explosion damaged a pipeline in southwestern Bulgaria early on Monday, halting transit of Russian natural gas through Bulgaria to Greece。
Oil & Gas Trade
OnTurtle Makes Major Expansion With 88 Fuel Service Stations
OnTurtle, as part of its expansion plan developed together with its German supplier, BAYWA, has expanded its presence in Germany with 88 new fuel service statio…
Oil Field
TAQA Files Decommissioning Plans for Two North Sea Platform Topsides
TAQA Bratani has filed its decommissioning programs for the Tern and North Cormorant platform topsides, located in the UK North Sea, to the UK authorities.
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