Oil

Nigeria

Nigeria: President Buhari to Launch AKK Gas Pipeline Project

Muhammadu Buhari, Nigeria's President, is expected to start work on the 40-inch x 614km AKK gas pipeline on June 30.

LNG

India's Top Gas Importer Close to Long-Term Deal Around Spot Prices

India's top gas importer Petronet LNG will soon finalise a deal to import at least 1 million tonnes per annum of liquefied natural gas with prices near the spot…

China Energy

CNOOC Announces Significant South China Sea Discovery

China National Offshore Oil Corporation announced a major discovery in Huizhou 26-6 in the east of the South China Sea.

Crude Oil

How the Fed Bailed Out U.S. Oil And Gas

he Trump administration has taken dozens of actions during the Covid-19 pandemic to benefit the oil and gas industry.

Oil Price

Oil Major Shell to Write Down up to $22 Billion of Assets in Second Quarter

It said it would take aggregate post-tax impairment charges in the range of $15 billion to $22 billion in the second quarter.

Oil & Gas Trade

Milestone for Neptune in Algeria

Neptune Energy today announced a major milestone for the Touat gas facility in Algeria, with operatorship having been formally passed to Groupement Touat Gaz.

China Energy

China-Made Large "Offshore Oil and Gas Plant" Put into Production in Brazil

Successful oil production marks the official commissioning of this large “offshore oil and gas plant”.

Oil and Gas Equipment

Total Starts Up 2nd FPSO Off Brazil

Total and its partners announce the start-up of the Floating Production Storage and Offloading P-70 of the Iara cluster, located in the deepwater Santos Basin p…

Thermal Plant

'Azerbaijan' Thermal Power Station - Only Power Station in Country Capable of Operating on Fuel Oil

‘Azerbaijan' thermal power station is the only power station in Azerbaijan that can operate on fuel oil.

Crude Oil

Iraq to Review Some Oil Contracts at High-Cost Fields

Iraq is reviewing oil contracts with some companies operating fields where costs are high, in order to reduce expenses while cutting production.

Market Analysis

Egypt Gas Production at 23-Month Low

Egyptian gas production fell sharply in March from a year earlier, and was the lowest since April 2018.

Crude Oil

UAE's Adnoc Rolls Over Crude Nomination Cuts in August

Abu Dhabi's state-owned Adnoc will continue to apply 5pc cuts to client nominations for August-loading volumes of the company's four main grades.

Oil Shale

America:Chesapeake Files for Bankruptcy Protection

Chesapeake Energy, the once-mighty natural gas producer, filed for bankruptcy protection today.

Oil & Gas Trade

Iran Exports $1.09bn Oil Products via PSEEZ in Three Months: official

Home to the largest gas field in the world, South Pars Special Economic Energy Zone, as the capital of energy in Iran, is considered as the hub of export of non…

LNG

Poland Signs Deals to Expand Świnoujście LNG Terminal

Poland is to invest PLN 1.9 billion in the expansion of its Świnoujście liquefied natural gas terminal.