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Oil & Gas
Russia to Double Natgas Volume to China in 2021 as Cold Spell Bites
The increased volume of supply was due to a new 1,110-km pipeline extension in December that starts at Changling in northeast China's Jilin and ends at Yongqing
Oil & Gas
Novak Says Russia Backs OPEC+ 500,000 bpd Oil Output Hike from February
Russia expects to support an increase in oil production by the group, known as OPEC+, of another 500,000 barrels per day from February at next month’s summit o
Oil & Gas
The ANH Approved the Assignment of Ecopetrol's 50% Interest to Shell
The ANH approved the assignment of Ecopetrol's 50% interest to Shell and the operation by the latter in 3 blocks off the Colombian Caribbean coast
Oil & Gas
China’s Wholesale LPG Prices Surge on Firm Demand
China wholesale LPG prices have surged across the country this month, bolstered by strong international prices and rising domestic demand.
Oil & Gas
Turkmenistan's Lebap Region Overfulfills Its Natural Gas Production Plan
Lebap’s natural gas extraction industry began in the 1960s.
Oil & Gas
China Issues 122.59 mln T in 1st Round of Oil Import Quotas
Beijing had said inThe ZPC plant last month started operations at a 200,000 barrel per day (bpd) crude processing unit.
Oil & Gas
US Backs EastMed Pipeline to Supply Gas to Europe
“We are going to continue to work with Israel, Greece and other interested parties to ensure that the infrastructure will be developed,” US Secretary of Energ
Oil & Gas
Asia’s Deepest Gas Project Starts Production
First in trio of deepwater gas projects in partnership with Reliance that are expected to help meet India’s rapidly expanding energy needs.
Oil & Gas
OPEC President: OPEC+ Shouldn’t Hurry To Ease Oil Output Cuts
The OPEC+ group of producers must continue to calibrate the easing of its collective oil production cuts to the still fragile global oil demand in the pandemic.
Oil & Gas
Oil Production Cuts to End in Norway on December 31st
Throughout this year, Norway imposed oil production cuts to push up oil prices, as was reported by the Petroleum and Energy Ministry of the country.
Oil & Gas
OMAN: November Crude Oil Production Slightly Exceeds OPEC+ Quota
China is by far the largest importer of Omani crude.
Oil & Gas
Gladstone November LNG Exports Up
LNG exports from the three liquefaction plants located on Curtis Island off Gladstone jumped when compared to the corresponding month in 2019.
Oil & Gas
Kazakhstan Supports Consensus in OPEC+ Agreement
The OPEC + countries decided to increase the supply of oil in January 2021 following a ministerial meeting of the organisation, which was held via videoconferen
Oil & Gas
OPEC+ Working on Compromise for 2021 Oil Policy
The OPEC, Russia and their allies, a group known as OPEC+, had been widely expected to extend existing oil cuts of 7.7 million barrels per day (bpd).
Oil & Gas
Iraq Cuts Term Crude Supplies to Some European Cilents
Deliveries of Iraqi Basrah crude to Europe and the Mediterranean could drop next year after state-owned marketer Somo trimmed allocations for some of its term c
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