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Oil & Gas Trade
Oil & Gas
Topside Installed for Norway's Nova Field
Wintershall Dea's Nova field will be tied back to a platform at the Neptune Energy-operated Gjoa field.
Oil & Gas
The Oil and Gas Industry is Losing Young Professionals
The oil and gas industry is grappling with a growing employment crisis as young professionals steer clear of the ailing industry
Oil & Gas
NOC to Produce LPG in Sharara Oil Field for Local Consumption
National Oil Corporation’s subsidiaries and Repsol Consortium have reached the final stages of an ambitious study to recover LPG contained in flare gas in the
Oil & Gas
McDermott Wins Contract for LPG Spheres in Caribbean
A McDermott International subsidiary, CB&I Storage Solutions, has been awarded a contract for four storage spheres of liquefied petroleum gas.
Oil & Gas
India's LNG Imports Jumped 18 % in 2019-2020
India's imports of liquefied natural gas (LNG) jumped by 18% in 2019-2020.
Oil & Gas
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
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
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
Saudi Arabia Succeeds In Seizing Oil Market Share From Key Rivals
Saudi Arabia doubled its crude oil exports to China in April to the highest volumes since at least 2017.
Oil & Gas
Why Russia Finally Accepted Deeper Oil Output Cuts
When Russia refused two months ago to join the deeper OPEC oil cuts, it was because Moscow found them unnecessary. Two months later, Russia agreed to cut quite
Oil & Gas
Saudi Arabia's Oil Exports to Drop in May as Demand Slides
Saudi oil exports are expected to fall to about 6 million barrels a day in May, the lowest in nearly a decade.
Oil & Gas
Venezuela Oil Exports Climb As OPEC Agreement Kicks In
While OPEC begins to scale back oil production to offset at least partially some of the world’s excess oil supply, Venezuela was busy ramping up its oil expo
Oil & Gas
Azerbaijan's SOCAR Says BP to Cut Oil Output by 76,000 Bpd in May-June
Azerbaijan’s state energy company SOCAR said on Thursday that BP, which leads a number of big energy projects in the former Soviet country, will cut its oil
Oil & Gas
Belarus Buys First Oil from Saudi Arabia: Refiner Belneftekhim
Belarus, long dependent on Russian oil, has bought its first barrel of crude from Saudi Arabia.
Oil & Gas
U.S. Oil Futures Plunge Nearly 25 Pct Amid Fears of Filled Storage
Oil prices fell significantly on Monday with the U.S. benchmark down nearly 25 percent amid fears over a growing scarcity of oil storage space.
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Most views from Oil & Gas Trade
1
Exxon and QatarEnergy's joint venture Golden Pass produces first LNG at new Texas facility
2
Slovakia shows interest in gas from Romania's Neptun project
3
Algeria and Spain in talks to increase gas supply
4
Petron secures 2.5M barrels of Russian crude oil
5
New Zealand's Oil Refinery Set to Convert Into Import Terminal
6
Shell Swings to Loss on $16bn Impairment Charge but Pays Dividend
