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OPEC
OPEC: Global Oil Demand to Hit 120.1m Barrels per Day (Bpd) by 2050, Energy Demand to Increase 24% During Same Period
Natural Gas
08-08-2022
First Gas at Athena RNG Project
Brightmark RNG Holdings LLC and Brightmark Fund Holdings LLC delivered first gas at its At its Athena Project in Minnehaha County, South Dakota, US.
Natural Gas
06-08-2022
INNIO and B.Grimm Plan Gas Power Projects in Thailand
Energy solutions provider INNIO has signed a Memorandum of Understanding (MoU) with Bangkok headquartered B.Grimm Power to collaborate on building new power plant projects in Thailand.
Crude Oil
05-08-2022
Adnoc Drilling Secures Contracts Worth $3.4BN to Boost Offshore Capacity
Contracts to help company expand its offshore drilling activities and boost production capacity
SINOPEC
05-08-2022
Saudi Aramco Signs Deal With China’s Sinopec to Boost Collaboration in New Projects
The two companies will look for opportunities in the kingdom's oil and gas sector.
Gas Turbine
04-08-2022
Germany to Inspect Freshly Arrived Nord Stream Gas Turbine Today
German Chancellor will visit Siemens Energy’s site where Nord Stream 1 gas turbine is kept after undergoing maintenance.
Oil Price
04-08-2022
Oil Falls to Nearly 6-Month Lows After Surprise U.S. Crude, Gasoline Build
Oil prices slid about 4% on Wednesday to almost six-month lows, after U.S. data showed crude and gasoline stockpiles unexpectedly surged last week and as OPEC+ said it would raise its oil output target by 100,000 barrels per day (bpd).
04-08-2022
U.N. Chief Urges Tax on ‘Grotesque Greed’ of Oil, Gas Companies
United Nations Secretary-General Antonio Guterres on Wednesday slammed the "grotesque greed" of oil and gas companies and their financial backers and urged governments globally to "tax these excessive profits" to support the most vulnerable people.
Oil Shale
04-08-2022
Shale Giant Chesapeake to Exit Oil as It Focuses on Natural Gas
Chesapeake will fully focus on key shale gas plays.
LNG
04-08-2022
Less U.S. Gas to Asia, Freeport Explosion Reduce LNG Vessel Transit Through Panama
The Panama Canal has seen a 30% fall in the traffic of vessels carrying liquefied natural gas (LNG), driven by Asia's weak demand for U.S. LNG and limited exports from the U.S. Gulf Coast since a terminal explosion in June.
Crude Oil
03-08-2022
BP Profit Triples on Soaring Energy Prices
Oil company reveals profits increased to a 14-year high.
OPEC
03-08-2022
Saudi Arabia May Push for Higher OPEC Production
Fox News: Saudi Arabia is reportedly planning to advocate for higher production at the upcoming OPEC+ meeting.
Natural Gas
03-08-2022
EU Gas Dependence on Russia Falls by 50%
EU countries have made headway in buying more pipeline gas from Norway, Algeria and Azerbaijan.
Oil Refinery
03-08-2022
Global Refining Capacity to Expand With New Projects in Middle East, Asia
The world’s refining capacity is expected to increase by nearly 3 million barrels per day (bpd) by the end of next year when at least nine refinery projects are expected to start up in the Middle East and Asia.
Oil Field
03-08-2022
First Oil Flows From North Sea Field
German oil and gas company Wintershall Dea has started production from its operated Nova oil field in the Norwegian sector of the North Sea.
LNG
02-08-2022
Australia May Limit LNG Exports Amid Domestic Gas Shortage
Australia is again facing a domestic gas shortage because of excessive exports, and the Australian Competition and Consumer Commission is warning that the government must impose limits on LNG exports to secure local supply.
Crude Oil
02-08-2022
As Political Deadlock Simmers, Libya Hits 1.2M Bpd Oil Production
Oil production in Libya has hit 1.2 million barrels per day, the level the country was producing prior to its declaration of force majeure in April, according to the new leadership of the National Oil Company (NOC).
Natural Gas
02-08-2022
UK Arm of Gazprom Rebrands
Gazprom Marketing & Trading, which traded as Gazprom Energy is now called SEFE Energy.
Natural Gas
02-08-2022
Australia Considers Curbing Gas Exports to Avert Domestic Supply Crunch
Australia said on Monday it will decide whether to curb exports of liquefied natural gas (LNG) after a watchdog urged restrictions, warning one of the world's biggest suppliers of the fuel could face a shortfall and soaring prices next year.
Natural Gas
01-08-2022
Swiss on Track to Secure Winter Gas Reserves, SonntagsBlick Reports
Switzerland is on track to secure the natural gas reserves it is seeking for the winter heating season, the SonntagsBlick paper cited a utility sector official as saying.
Oil Price
01-08-2022
South Africa Authorities to Cut Fuel Pump Prices From Wednesday
South Africa will slash the pump price of fuel from the middle of next week, aiming to ease the burden on consumers of soaring energy prices since the Ukraine war.
Natural Gas
01-08-2022
Australia’s East Coast May Face Gas Shortfall Next Year, Watchdog Warns
Australia's competition watchdog urged the federal government on Monday to consider curbing gas exports, warning its east coast could face a major shortfall next year which would pose a substantial risk to the country's energy security.
Oil Price
01-08-2022
Oil Prices Slip Ahead of OPEC+ Meeting
Oil prices dropped early on Monday as investors braced for this week's meeting of officials from OPEC and other top producers on supply adjustments.
OPEC
01-08-2022
OPEC Secretary General Says Russia’s Membership in OPEC+ Is Vital for Success of Agreement
OPEC's new secretary general said that Russia's membership in OPEC+ is vital for the success of the agreement, Kuwait's Alrai newspaper reported on Sunday.
Crude Oil
01-08-2022
More Oil Discoveries Boost Guyana’s Offshore Boom
Guyana has seen a string of oil discoveries, quickly positioning it as one of the world’s hottest offshore drilling locations.
Oil Field
01-08-2022
Green Light From TotalEnergies for Oil Project off Angola
France-headquartered energy giant TotalEnergies has taken a final investment decision (FID) to develop an oil development project located offshore Angola.
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Pemex Deer Park, Texas, Refinery Reports Spill Into Houston Ship Channel
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