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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
Oil Price
18-09-2021
Oil Falls As Storm-Hit U.S. Supply Trickles Back into Market
Oil prices fell on Friday as energy companies in the U.S. Gulf of Mexico restarted production after back-to-back hurricanes in the region shut output.
Natural Gas
18-09-2021
Brazilian Gas Availability Tops 55mn m³/d in August
Brazilian natural gas available to the market equaled 55.3mn m³/d in August, preliminary data from Brazil's oil and gas regulator ANP shows.
Angola
17-09-2021
GECF Shines the Spotlight on Angola's Potential at Angola Oil and Gas 2021
The Gas Exporting Countries Forum, the global platform of the leading gas producing countries, participated in the 2nd edition of the Angola Oil and Gas Conference, highlighting the immense energy potential of Angola to a global audience.
Crude Oil
16-09-2021
US Gulf operators restore 70pc of Ida-halted oil output
US Gulf of Mexico offshore producers have brought back about 70pc of the oil output that was halted due to Hurricane Ida.
Market Analysis
15-09-2021
IEA Cuts Forecast for India's 2021 Oil Product Demand
The IEA has lowered its 2021 oil products demand growth estimates for India, with notable cuts to its forecasts for diesel and jet fuel consumption.
Crude Oil
15-09-2021
Brent Nears $74 Amid Slow Return of US Oil Output
Brent crude neared $74 per barrel on Monday as it gained 31 cents or 0.42 cents to trade at $73.82 per barrel at the market, while the US West Texas Intermediate crude rose by 34 cents or 0.47 per cent to sell at $70.78 per barrel.
Oil Pipeline
14-09-2021
Germany has Four Months to Certify Nord Stream 2 Pipeline
Russian gas group Gazprom last week said it had finished construction of the pipeline to Germany, which could allow Russia to double gas exports to Europe via the Baltic Sea while bypassing Ukraine
LNG
14-09-2021
China's Sinopec Completes Its First LNG Bunkering Operation
The bunkering, or marine refuelling, operation transferred 250 tonnes of LNG by truck to a China Merchant Shipping vessel
Natural Gas
14-09-2021
U.S. Gas Production Set for Big Increase in 2022 on High Prices
As a result, futures prices for deliveries at Louisiana's Henry Hub in January 2023 are currently trading around $1.15 per million British thermal units below prices for deliveries in January 2022.
LNG
14-09-2021
Petrobras Signs Landmark Gas Supply Deal with Gerdau
Brazil's state-controlled Petrobras signed a natural gas supply agreement with steel producer Gerdau in a debut of its more flexible pricing model designed to compete in the newly opened wholesale market.
Crude Oil
14-09-2021
Opec Lifts Oil Demand Forecast for 2022
Opec has increased its global oil demand forecast for 2022 by almost 1mn b/d, taking it back above 100mn b/d, even though there was some disquiet about this at the group's recent meetings.
LNG
14-09-2021
Samsung Heavy Industries Highly Likely to Win Big LNG Carrier Project from Russia
Samsung Heavy Industries is highly likely to win another big shipbuilding order from Russia.
Oil Price
14-09-2021
Oil Rises to Six-Week High as U.S. Supply Concerns Dominate
Oil prices rose to a six-week high on Monday as U.S. output remains slow to return two weeks after Hurricane Ida slammed into the Gulf Coast and worries another storm could affect output in Texas this week.
Oil & Gas Trade
13-09-2021
Sudan Expects to Reach Oil Products Deal with Saudi Aramco
A delegation of Saudi officials and businesses is in Sudan for two days of talks on potential investments in sectors including agriculture, energy, mining and technology.
Oil Pipeline
11-09-2021
Gazprom Completes Construction Of Nord Stream 2 Gas Pipeline
Gazprom completed early on Friday construction of the Nord Stream 2 pipeline, the Russian gas giant said today, although gas flows on the controversial Russia-led pipeline cannot begin until Germany grants an operating license to the project.
Mexico
11-09-2021
66% Of Gulf Of Mexico Oil Production Still Offline On Friday
The largest deepwater crude oil terminal in the United States has reopened in full after Hurricane Ida struck force a closure, a spokesperson said on Friday.
Crude Oil
10-09-2021
Oil Slides After China Unexpectedly Releases Crude From National Reserve
Just hours after China revealed yet another high in producer price inflation, Beijing has taken the unprecedented step of releasing oil from its national crude reserve to "alleviate raw material price pressures."
Oil&Gas Drilling
10-09-2021
ExxonMobil makes 20th Discovery on Stabroek as New Liza FPSO Heads to Guyana
U.S. oil major ExxonMobil has revealed a new discovery has been made at the Pinktail well in the Stabroek Block offshore Guyana.
Nigeria
10-09-2021
Nigeria Struggles to Find Buyers for October Oil Exports
Nigeria has sent a signal that the recovery in global oil demand still has some way to go, with volumes for next month’s loading struggling to find a home, even among its main customers.
OPEC
09-09-2021
GECF Joins OPEC Ministerial Roundtable on Energy, Climate and Sustainable Development
Addressing more than 100 delegates, HE Yury Sentyurin, Secretary General of the GECF, said that the 18-member consortium is fully committed to develop actions towards clean energy transitions in a balanced manner.
Oil & Gas Trade
08-09-2021
China’s Oil Imports Rebounded In August
China’s crude oil imports averaged 10.25 million bpd daily last month, more than 5 percent higher than in July, energy analytics provider OilX has reported.
Oil Refinery
08-09-2021
PBF Chalmette Refinery Recovering Post-Ida
Louisiana refinery operations continue to slowly recover as power is restored to areas trounced by Hurricane Ida's landfall on 29 August.
Oil Refinery
07-09-2021
Wabag Secures Rs 84 Crore Order in Malaysia for Petronas Refinery
It will be constructed for PRPC Utilities and Facilities Sdn Bhd, a subsidiary of Petronas Refinery and Petrochemical Corporation
Energy Security
07-09-2021
Divers Identify Broken Pipeline as Source of Gulf Oil Spill
Divers at the site of an ongoing oil spill that appeared in the Gulf of Mexico after Hurricane Ida have identified the apparent source as one-foot diameter pipeline displaced from a trench on the ocean floor and broken open.
Oil Pipeline
07-09-2021
Laying of Last Pipe of Nord Stream 2 Pipeline Completes
The operating company intends to put the Nord Stream 2 gas pipeline into operation before the end of the year.
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