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Oil
Oil & Gas Trade
China Awards More Non-State Crude Import Quotas
China has issued a third batch of non-state crude import quotas for 2020, sending the amount awarded so far this year more than 10pc above the total for 2019.
Oil Pipeline
Brazil Resumes Open Season for Gas Pipeline
Brazil's hydrocarbons regulator will resume an open season for access to the Bolivia-Brazil natural gas pipeline.
Oil & Gas Trade
BP-Sinopec Bunker Venture to Start Fuel Oil Deliveries to Fujairah
The BP and Sinopec marine fuel bunkering joint venture will start deliveries of high sulfur and low sulfur fuel oils to Fujairah next month.
Market Analysis
Will Trump's New Investment Proposal Help The Oil & Gas Industry?
The U.S. Department of Labor – which has recently proposed a rule that would limit retirement funds' investments based on environmental, social, and governance…
Oil & Gas Trade
North American Oil And Gas Companies Continue to Go Bankrupt at $40 Oil
The rash of oil and gas bankruptcies in North America is set to continue for the remainder of 2020.
Chevron Partners with Clean Energy On Adopt-A-Port Initiative to Supply Renewable Natural Gas for Port Trucks
Chevron is working with Clean-Energy Fuels, a California-based natural gas retailer, on the Truck-A-Port project.
Oil & Gas Trade
US Refiners Ramp Up Crude Imports from Mexico to 8-Year High
US crude oil imports from Mexico surged to the highest level in more than eight years last week as swelling inventories and a fire at the Latin American country…
Crude Oil
US Crude Stocks Build on Higher Imports, Distillates Inventories Hit 37-yr High: EIA
US crude oil stockpiles grew last week and inventories on the Gulf Coast hit a record high as imports from Mexico rose to an eight-year high.
Oil & Gas Trade
Berkshire Hathaway Strikes $10bn Deal with Dominion Energy for Natural Gas Assets
It announced the cancellation of a multi-billion-dollar natural gas pipeline joint venture with Duke Energy.
Oil Price
European Oil Giant Slashes Oil Price Forecast To $48 Per Barrel In 2021
Italy's Eni lowered its long-term oil price assumptions on Tuesday.
Biomass Power Plant
Valmet to Deliver Biofuel Feeding System to Cikarang Listrindo Indonesia
Valmet will supply a new biomass fuel feeding system for one of the circulating fluidized bed boilers owned and operated by PT.
Oil Price
Oil Price Crash Causes Major Recession In Russia
The oil price crash that Russia helped create, along with the coronavirus-driven global recession, will result in Russia’s economy shrinking this year by the m…
China Energy
Sinopec's Tianjin Terminal Takes More LNG in 1H 2020
China's state-owned Sinopec received more LNG cargoes at its 6mn t/yr Tianjin LNG import terminal in northern China during the first six months of this year com…
Crude Oil
Libya Needs Months to Restore Output: Sanalla
Libya's crude production will take months to return to near the 1.22mn b/d achieved prior to blockades that froze all of the country's onshore crude output in J…
Oil&Gas Drilling
Africa Energy to Spud Luiperd-1 in September
Africa Energy Corp. has announced that the Odfjell Deepsea Stavanger semi-submersible rig has departed Bergen.
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