Oil

SINOPEC
Sinopec Puts China's Largest Petrochemical Port into Operation
China's leading energy and chemical company, has put China's largest petrochemical port into operation with the successful docking and unloading of the New Reno…
Oil Price
Oil Glut Drives Oil Prices Lower
Oil prices opened about 1% lower on Monday in Asia as a persistent glut continued to weigh on prices and the coronavirus pandemic eroded global oil demand even …
Crude Oil
Goldman Sachs: Oil Demand Could Exceed Supply By End-May
Oil demand could rebound enough to exceed supply by the end of this month, Goldman’s head of commodities Jeffrey Currie told Barron’s Market Brief, noting tha…
Oil and Gas Technology
Itron Announces Innovative Gas Technology for Gen5 Network
Itron has announced its innovative 500G gas Encoder Receiver Transmitter module is now available on its Gen5 network.
Oil&Gas Drilling
Odfjell Drilling's Deep-Sea Yantai Got the Green Light
Neptune energy is exploring and drilling in the north sea using the yantai deep-sea semi-submersible drilling platform.
Oil & Gas Trade
India's LNG Imports Jumped 18 % in 2019-2020
India's imports of liquefied natural gas (LNG) jumped by 18% in 2019-2020.
Oil Field
Ghana Instructs Eni and Local Producer to Combine Oil Fields
Ghana has directed Eni SpA and Springfield E&P to begin talks to combine their adjacent oil and gas fields.
LNG
GLOBAL LNG: Asian Spot Prices Recover a Little on Improving Demand
Spot prices for liquefied natural gas in Asia rose slightly this week.
Crude Oil
Crude Oil Futures Rise on Spot Demand
Crude oil prices on Friday rose Rs 40 to Rs 1,874 per barrel as participants widened their positions on firm spot demand.
Oil & Gas Trade
U.S. Drillers Expected to Slash Oil and Gas rigs to Lowest Ever
The number of oil and gas rigs operating in the United States is expected to hit an all-time low this week - reflecting data going back 80 years - as the energy…
Oil & Gas Trade
North American Oil Producers Cut Output Quicker Than Some Expected
OPEC and allies led by Russia struck a deal in April to contain a worsening supply glut as the coronavirus pandemic cratered global fuel demand by about 30%, se…
Oil & Gas Trade
Oil Exports Fetch USD 1.4 Billion in Libya
Such was the amount from foreign sales of petroleum from January to April. Political instability caused a drastic drop in output.
Oil&Gas Drilling
PTTEP Makes New Oil Discovery Offshore Mexico
PTTEP and its joint venture partners made two successful deep-water oil discoveries in Block 29, offshore Mexico, with good quality reservoirs. Commercial poten…
Oil Price
Saudi Arabia Raises Oil Prices As Demand Recovers
Saudi Arabia’s oil giant Aramco raised the price for all its crude oil grades to all regions for June in a move that analysts see as the start of demand recove…
Oil Price
Petrobras Halts Sale Of Huge Oilfields After Oil Price Collapse
Amid the low oil prices, Brazil’s state-owned oil firm Petrobras has suspended preparations to sell a minority stake in a cluster of four offshore fields produ…

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Oil

Sinopec Puts China's Largest Petrochemical Port into Operation

Oil Glut Drives Oil Prices Lower

Goldman Sachs: Oil Demand Could Exceed Supply By End-May

Itron Announces Innovative Gas Technology for Gen5 Network

Odfjell Drilling's Deep-Sea Yantai Got the Green Light

India's LNG Imports Jumped 18 % in 2019-2020

Ghana Instructs Eni and Local Producer to Combine Oil Fields

GLOBAL LNG: Asian Spot Prices Recover a Little on Improving Demand

Crude Oil Futures Rise on Spot Demand

U.S. Drillers Expected to Slash Oil and Gas rigs to Lowest Ever

North American Oil Producers Cut Output Quicker Than Some Expected

Oil Exports Fetch USD 1.4 Billion in Libya

PTTEP Makes New Oil Discovery Offshore Mexico

Saudi Arabia Raises Oil Prices As Demand Recovers

Petrobras Halts Sale Of Huge Oilfields After Oil Price Collapse