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Oil & Gas Supply
Oil & Gas
Oil, Gas Demand Eemains Robust
Although the demand for petroleum products and gas remained robust in the domestic economy and households of Pakistan, the output of crude oil and gas from dome
Oil & Gas
U.S. Crude, Fuel Stocks Dwindle as Buyers Grab from StorageX
U.S. crude and fuel stocks fell in the latest week, driving key storage hubs to multi-year lows as strong demand had refiners and other users paying dearer pric
Oil & Gas
Sanctions on Russian Energy ‘on the Table,’ White House Says
The United States is “very open” to imposing sanctions on Russia’s oil and gas industry, White House spokeswoman Jen Psaki said on Wednesday, adding that it
Oil & Gas
ExxonMobil to Exit Russian Oil and Gas Operations Amid Ukraine Crisis
The American energy major is beginning the process to pull out from the Sakhalin-1 venture, in Russia.
Oil & Gas
OPEC+ Makes Modest Supply Hike as Russia Turmoil Lifts Price
OPEC and its allies agreed another modest revival in supplies for April at a low-key meeting that was overshadowed by the market turmoil unleashed by Russia’s
Oil & Gas
ADX Energy Increases Austrian Oil and Gas Production
Europe-focused ADX Energy has increased oil and gas output from its Gaiselberg and Zistersdorf fields by 25 per cent in the Vienna Basin, Austria.
Oil & Gas
Carve-out in U.S. Sanctions will Still let Russia Profit from Oil, Gas
There is a glaring carve-out in President Joe Biden’s sanctions against Russia: Oil and natural gas from that country will continue to flow freely to the rest
Oil & Gas
Repairs and Protests Halt 480,000 Bpd of Iraqi Oil Output
Iraq has halted over a tenth of its oil output due to maintenance and protests, in a further blow to the already tight global supply at a time of rising demand
Oil & Gas
Nigeria Fuel Disruption Continues
As the recent su standard import of fuel continues to affect fuel distribution in Nigeria, the Nigerian National Petroleum Company (NNPC) Limited has released
Oil & Gas
Could Russia’s Invasion Of Ukraine Spark Another Arab Spring?
Russia and Ukraine are major exporters of food and agricultural products, and if these products are disrupted then there could be significant unrest in the MENA
Oil & Gas
Algeria Say Ready to Supply EU with Extra Gas Amid Ukraine Crisis
Algeria’s state energy firm is ready to supply Europe with more gas in view of a possible decline due to the Russian invasion of Ukraine, its CEO said Sunday.
Oil & Gas
IOC to Ramp up LPG Output in NE by 53% to 8 Crore Cylinders by 2030
The oil major plans to add three new plants in the Northeast.
Oil & Gas
Japan Willing to Release Oil Reserves
Japanese government officials have indicated a willingness to join other countries in releasing oil reserves.
Oil & Gas
Greece Lines up Additional Gas Supplies as Ukraine Tensions Rise
Greece has lined up additional supplies of pipeline gas and liquefied natural gas (LNG) should existing plans be disrupted by the Ukraine crisis, a government s
Oil & Gas
The State of Play of Africa’s Deepwater Discoveries
While global demand sees an upward trend in a post-COVID-19 environment, oil and gas producing countries have been unable to maintain supply owing to a myriad o
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Most views from Oil & Gas Supply
1
Saudi Aramco Buys 10% Stake in China’s Rongsheng Petrochemical in $3.6BN Deal
2
Japan Willing to Release Oil Reserves
3
Algeria: Hydrocarbons - Engine Oil Imports Decline Thanks to Rise in Local Production
4
Hydrogen vs Oil and Gas: Comparing Energy Sources
5
Mexico Approves $4.5 Billion Zama Development Plan
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People Think They’ve Found the Culprit as UK Gas Storage Drops to ‘Concerningly Low’ Levels