Oil

Oil & Gas Trade

Gail India Offers Up to 10 LNG Cargoes for Loading from U.S.

Gail has offered up to 10 liquefied natural gas cargoes for loading in the United States over early 2020 to early 2021, two industry sources said on Thursday.

Crude

Crude Oil Futures in Consolidation Mode as Markets Await OPEC Meet

Crude oil futures were marginally lower during morning trade in Asia on Thursday amid some profit-taking after gaining more than $2/b during Wednesday's trading…

Oil & Gas Trade

In 2020 OPEC+ Faces Slowing Demand Growth in Rival Production

OPEC and its allies sent mixed signals about whether they were considering deeper production cuts, fanning oil-market speculation before crucial talks in Vienna…

CCS

UK Oil Industry Calls for Urgent Action for Carbon Capture, Use And Storage(CCUS)

Investment in the energy sector needs to double from £20-£25bn a year today to £40-£40m if the UK is to meet its net zero challenge.

Oil & Gas Trade

Iran Still Selling Oil Despite US Sanctions on Tehran’s Exports

Iran is still selling its oil despite US sanctions on Tehran’s exports, the country’s Vice President Eshaq Jahangiri was quoted on Monday as saying by state T…

Without the Enforcement of Environmental Laws, Oil Infrastructure Projects in Timor-Leste Come at a Cost

Ignoring environmental laws in Timor-Leste to build a petroleum infrastructure project could mean serious problems for communities including environmental destr…

As Climate Warnings Grow Dire, Energy Companies Face A 'New Frontier Of Threats'

But in the coming months, the Interior Department will sell leases to companies that intend to drill for oil and gas in the refuge's coastal plain.

Oil & Gas Trade

Does OPEC See U.S. Oil Output as Half Full or Half Empty?

Ahead of their meeting in Vienna later this week, OPEC’s oil ministers have done a good job of convincing themselves that they can simply decide to hold steady…

Market Analysis

Installed Solar Capacity is Now Greater than Oil in the United States

According to a review by the SUN DAY Campaign of data just released by the Federal Energy Regulatory Commission (FERC) for the first three-quarters of 2019, sol…

LNG

Why Power-to-Gas May Flourish in a Renewables-Heavy World

While still in its infancy, power-to-gas provides a promising approach to convert renewable power into “green” hydrogen and methane, furnishing the renewables…

Oil & Gas Trade

Putin, Xi Jinping to launch Power of Siberia pipeline

Russian President Vladimir Putin and his Chinese counterpart Xi Jinping via launch the Power of Siberia pipeline via a TV link-up on Monday.

Crude

Nigeria Commits to OPEC Agreements Before Vienna Meeting

Nigeria is committed to full implementation of agreements among OPEC and non-OPEC members, its minister of state for petroleum said on Sunday, ahead of an OPEC …

Oil&Gas Drilling

Saudis to Push for Extension of Oil-Production Cuts at OPEC Meeting

Saudi Arabia will push for an extension of oil production cuts through mid-2020 at a producers’ summit this week in an effort to prop up Saudi Aramco’s initia…

Oil and Gas Technology

​Tendeka Polymer Tech to Boost Shale Gas Recovery 250%

The firm invested a six-figure sum on its ShaleModifier technology, which is expected to return several million pounds in revenue over the next two years.

Crude

Why Are Oil Markets Suddenly So Volatile?

The newsfeed this week has been inundated with updates on Aramco’s IPO developments. On the retail side, the Aramco IPO has reached $7.21 billion in subscripti…